Approval under Section 35(1)(ii): Premhari Research & Development Foundation recognised for the specified tax assessment period. Approval for Premhari Research & Development Foundation, Bombay, by the prescribed authority under clause (ii) of sub section (1) of section 35 of the Income tax Act, 1961, is notified in S.O.2918 dated 29 7 1978, effective for the period 1 4 1978 to 30 6 1978, identifying the institution and fixing the stated three month effective period for the statutory recognition.