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of <h1>K.E.M. Hospital Research Centre Approved Under Section 35(1)(ii) for Tax Benefits; Must Meet Compliance Deadlines</h1> K.E.M. Hospital Research Centre in Pune has been approved under section 35(1)(ii) of the Income-tax Act, 1961, effective from April 1, 1991, to March 31, 1993. The approval, granted by the Director-General of Income-tax (Exemptions) and the Secretary, 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, and provide audited annual accounts to relevant authorities by June 30 each year. The organization must apply for an extension of approval three months before expiration.
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