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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Tata Memorial Centre Approved Under Section 35(1)(ii) of Income Tax Act for Research Activities from 2003-2006</h1> The Central Government has approved Tata Memorial Centre, comprising Tata Memorial Hospital and Cancer Research Institute in Mumbai, under section 35(1)(ii) of the Income Tax Act, 1961, effective from April 1, 2003, to March 31, 2006. The organization must maintain separate accounts for research activities and submit audited annual accounts and income and expenditure accounts to the Director General of Income Tax (Exemption) and relevant tax authorities by October 31 each year. The organization is advised to apply for renewal of this approval in advance through the appropriate tax authorities.
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