Research expenditure exemption under section 35(1)(ii) approved for Jaslok Hospital, taking effect from 1 April. Exemption for research expenditure under the Income-tax Act is granted to Jaslok Hospital and Research Centre, Bombay, by recognising the institution as eligible for benefits under clause (ii) of sub section (1) of section 35; the prescribed authority's approval is recorded by notification S.O.1091, effective from 1 April, 1973.