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of <h1>C.B.C.I. Society in Bengaluru Approved as Research Institution Under Income-tax Act Sections 35(1)(ii) & 35(1)(iii.</h1> The C.B.C.I. Society for Medical Education in Bengaluru has been approved by the Central Government as a research institution under sections 35(1)(ii) and 35(1)(iii) of the Income-tax Act, 1961, effective from the 2018-2019 assessment year. The organization must use funds exclusively for scientific, social science, or statistical research, maintain separate audited accounts, and submit detailed reports on research activities, publications, and future projects. Approval may be withdrawn if the organization fails to comply with these conditions, including maintaining separate accounts, submitting audit reports, or ceasing genuine research activities.
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