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of <h1>University of Udaipur Gains Tax Exemption for Scientific Research Under Section 35(1)(ii) of Income Tax Act 1961.</h1> The University of Udaipur, Udaipur, has been approved by the Secretary, Department of Science & Technology, New Delhi, for exemption under section 35(1)(ii) of the Income-tax Act, 1961. This approval pertains to scientific research in natural and applied sciences, excluding agriculture, animal husbandry, fisheries, and medicine. The university must maintain a separate account for funds received for such research and submit an annual return of its scientific research activities to the prescribed authority by April 30 each year. This notification is effective from July 20, 1976.
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