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of <h1>Himalayan Institute Hospital Trust Gains Approval Under Section 35(1)(ii) for 1990-1991 Tax Exemption with Conditions</h1> The Himalayan Institute Hospital Trust in Kanpur has been approved under section 35(1)(ii) of the Income-tax Act, 1961, effective from April 1, 1990, to March 31, 1991. This approval, granted by the Director-General of Income-tax (Exemptions) and the Secretary of the Department of Scientific and Industrial Research, requires the organization to maintain separate accounts for scientific research funds, submit annual returns of its research activities by May 31, and provide audited annual accounts by June 30 each year. The organization must apply for an extension of approval three months before expiry through the appropriate tax authorities.
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