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of <h1>Research Project on Ferrofluids Approved Under Section 35(2A) of Income-tax Act 1961, Set to Begin July 1977.</h1> A scientific research program titled 'Development of Ferrofluids and their applications' has been approved under section 35(2A) of the Income-tax Act, 1961. The project is sponsored by a company based in Baroda and will be conducted at The Maharaja Sayajirao University of Baroda. The program is set to commence in July 1977 and conclude in July 1980, with an estimated cost of Rs. 3,00,000. The university is recognized under section 35(1)(ii) of the Income-tax Act, 1961, as per a previous notification.
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