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<h1>Organizations Approved for Tax Exemptions Under Section 35(1)(ii) for Scientific Research Must Submit Annual Returns and Accounts</h1> The Central Government has approved certain organizations under section 35(1)(ii) of the Income-tax Act, 1961, for a specified period, allowing them tax exemptions for scientific research activities. The approved organizations, including the Mandke Foundation in Mumbai and the Raman Research Institute in Bangalore, are required to maintain separate accounts for their research activities and submit annual returns to the Department of Scientific & Industrial Research by May 31 each year. Additionally, they must provide audited annual accounts and income statements to relevant tax authorities by October 31 annually. The approval is effective from April 1, 2000, to March 31, 2003.