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of <h1>Organization Approved for Tax Exemption Under Section 35(1)(ii) of Income-tax Act 1961 for One Year</h1> The organization located at Munshi Sadan, Kulpati K. M. Munshi Marg, Bombay, has been approved under section 35(1)(ii) of the Income-tax Act, 1961, by the Director-General (Income-tax Exemptions) and the Secretary, Department of Scientific and Industrial Research. The approval is valid from April 1, 1989, to March 31, 1990, under the category 'Institution.' The organization must maintain separate accounts for scientific research funds, submit annual returns and audited accounts, and apply for approval extension three months before expiry. The organization is required to comply with specified reporting and application procedures.
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