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<h1>Parkhe Research Institute Gains Tax Exemption Under Section 35 of Income-tax Act, 1961 for 1975-1978 Period</h1> The Parkhe Research Institute in Poona has been approved by the Secretary of the Department of Science & Technology for exemption under clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961. This approval is effective from April 1, 1975, to March 31, 1978, as per Notification No. S.O.960 dated January 1, 1976.