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of <h1>Institute of Indian Foundrymen Approved for Scientific Research Under Income-tax Act Section 35(1)(ii) Until 1981</h1> The Institute of Indian Foundrymen, Calcutta, has been approved by the Secretary of the Department of Science & Technology, New Delhi, under section 35(1)(ii) of the Income-tax Act, 1961, for scientific research in natural or applied sciences. This approval, effective from February 9, 1978, to February 8, 1981, requires the institute to maintain separate accounts for research funds and submit annual returns of research activities by April 30 each year. The approval excludes research in agriculture, animal husbandry, fisheries, and medicine.
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