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of <h1>Marathwada Medical Institute Approved Under Section 35(1)(ii) of Income-tax Act for 2000-2003; Annual Compliance Required</h1> The Central Government has approved Marathwada Medical and Research Institute in Aurangabad as an institution under section 35(1)(ii) of the Income-tax Act, 1961, for the period from April 1, 2000, to March 31, 2003. The institute must maintain separate accounts for research activities and submit annual returns to the Department of Scientific and Industrial Research by May 31 each year. Additionally, by October 31 each year, it must provide audited financial statements to the Director-General of Income-tax (Exemptions) and other relevant authorities. The institute is advised to apply for renewal of approval in advance.
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