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of <h1>Bhartiya Bhasha Parishad Gains Tax-Exempt Status for Social Science Research Funding Under Section 35(1)(iii) of Income-tax Act</h1> The Bhartiya Bhasha Parishad in Calcutta 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 institution to collect funds exempt from income tax, which must be used exclusively for promoting social science research. The Parishad is required to maintain separate accounts for these funds and submit an annual statement of accounts and report to both the Indian Council of Social Science Research and the Commissioner of Income-tax. This notification is valid from April 1, 1979, to March 31, 1982.
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