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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Medical Research Centre Bombay Hospital Trust Approved Under Section 35(1)(ii) Income-tax Act 1961 for 1991-1992 Period</h1> The Medical Research Centre of Bombay Hospital Trust has been approved under section 35(1)(ii) of the Income-tax Act, 1961, effective from April 1, 1991, to March 31, 1992. 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 scientific research activity returns by May 31 each year, and provide audited annual accounts by June 30 each year. For further approval extension, applications must be submitted three months before the current approval expires.
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