Approval under section 35D: Bascon Consultants recognised for qualifying research institution status enabling prescribed tax provisions. Bascon Consultants Private Ltd., Calcutta is approved under clause (a) of sub section (2) of section 35D of the Income tax Act for all areas specified in that section; approval recorded by Notification No. 4368 dated 23/9/1976 and effective from 18th August, 1975.