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<h1>Kumaun University granted exemption under Section 35(1)(ii) of Income-tax Act for scientific research funding.</h1> The notification announces that Kumaun University, Nainital, has been approved by the Secretary of the Department of Science and Technology, New Delhi, for exemption under section 35(1)(ii) of the Income-tax Act, 1961. This approval is contingent upon the university maintaining a separate account for funds received for scientific research and submitting an annual return of its research activities to the prescribed authority by April 30th each year. The notification is effective from June 14, 1976.