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of <h1>Indian Council Approves Tax Exemption for Bombay Research Centre u/s 35(1)(iii) of Income-tax Act 1961.</h1> The Research & Documentation Centre in Social Welfare and Development, Bombay, has been approved by the Indian Council of Social Science Research for exemption under section 35(1)(iii) of the Income-tax Act, 1961. The Centre is required to establish a Technical Advisory Committee with a majority of experienced researchers and maintain separate accounts for funds received under this approval. An annual report must be submitted to the prescribed authority. This notification is effective from April 1, 1975, to August 31, 1978.
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