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of <h1>Nowrosjee Wadia Maternity Hospital Gains Approval Under Section 35 of Income-tax Act for 2001-2004 Period</h1> M/s Nowrosjee Wadia Maternity Hospital has been approved by the Central Government under section 35 of the Income-tax Act, 1961, for the period from April 1, 2001, to March 31, 2004. The hospital must maintain separate accounts for its research activities and submit an annual return of these 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 tax authorities by October 31 each year. The institution is advised to apply for renewal of this approval in advance.
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