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of <h1>Government Approves Iladevi Cataract Research Centre Under Section 35(1)(ii) of Income-tax Act for Specific Period</h1> The Central Government has approved M/s Iladevi Cataract & Infra Ocular Lens Research Centre under Section 35(1)(ii) of the Income-tax Act, 1961, effective from September 2, 2000, to March 31, 2003. The organization must maintain separate accounts for its research activities and submit an annual return of its scientific research activities to the Department of Scientific & Industrial Research by May 31 each year. Additionally, it must provide audited annual accounts and income and expenditure accounts to relevant authorities by October 31 annually. Applications for renewal should be submitted in triplicate well in advance.
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