Exemption under section 35(1)(ii): approval granted to Kamla Nehru Memorial Trust for research expenditure treatment. Approval by the prescribed authority under clause (ii) of sub-section (1) of section 35 of the Income-tax Act was granted to Kamla Nehru Memorial Trust, Sulthanpur, U.P., communicated by notification S.O.5348, with a specified operative period during which the institution is treated as approved for the purposes of the section.