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<h1>Kailas Seva Sadan in Bombay approved by ICMR as prescribed authority for research under Income-tax Act, Section 35.</h1> The institution Kailas Seva Sadan, located in Bombay, has been approved by the Indian Council of Medical Research, New Delhi, as the prescribed authority under clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961. This approval is specifically for research purposes, and the institution is required to submit annual reports and returns regarding its research activities to the Council. The notification is effective for a period of two years from February 19, 1976.