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of <h1>Saurashtra University approved for tax-exempt fund collection under Income-tax Act, section 35(1)(iii), for social science research.</h1> Saurashtra University, Rajkot, has been approved by the Indian Council of Social Science Research under section 35(1)(iii) of the Income-tax Act, 1961. This approval allows the university to collect funds exempt from income tax, which must be used exclusively for promoting research in social sciences. The university is required to maintain separate accounts for these funds and submit an annual report to the Council detailing the funds collected and their utilization. This notification took effect on April 1, 1977.
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