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of <h1>Jain Vishva Bharati Approved for Scientific Research Under Section 35(1)(ii) of Income-tax Act 1961</h1> Jain Vishva Bharati in Rajasthan has been approved under section 35(1)(ii) of the Income-tax Act, 1961, for scientific research purposes. The approval, effective from April 1, 1989, to March 31, 1990, requires the organization to maintain separate accounts for research funds, submit annual research activity returns by May 31, and provide audited annual accounts by June 30 each year. Additionally, the organization must apply for an extension of approval three months before expiration, submitting the necessary documents to relevant tax and research authorities.
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