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of <h1>Bhartiya Vaidayak Samanvaya Samiti's Ayurved Institute Approved for Tax Benefits Under Section 35(1)(ii) for 1999-2002</h1> The Central Government has approved the Bhartiya Vaidayak Samanvaya Samiti's All India Ayurved Research Institute, Shri Ayurved Research Institute, Nagpur, under section 35(1)(ii) of the Income-tax Act, 1961, for the period from April 1, 1999, to March 31, 2002. The institute must maintain separate accounts for research activities, submit annual scientific research activity returns by May 31 each year, and provide audited accounts and income-expenditure statements by October 31 to relevant authorities, including the Director-General of Income-tax (Exemptions) and the Department of Scientific and Industrial Research.
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