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of <h1>Sir Hurkisondas Nurrotumdas Medical Research Society Approved as Scientific Research Association Under Section 35(1)(ii) of Income-tax Act</h1> Sir Hurkisondas Nurrotumdas Medical Research Society in Mumbai has been approved by the Central Government as a 'scientific research association' under Section 35(1)(ii) of the Income-tax Act, 1961, effective from April 1, 2006. The organization must focus solely on scientific research, conduct activities independently, maintain audited financial records, and submit audit reports and donation statements to the relevant tax authorities. Approval may be revoked if the organization fails to maintain records, submit required reports, or if its research activities are deemed non-genuine or non-compliant with the Act and associated rules.
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