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of <h1>Scientific Solar Energy Project Approved Under Section 35(2A) of the Income-tax Act, 1961 with Rs. 2.5 Lakh Budget.</h1> A scientific research program focused on developing an electrical power generator using solar energy has been approved under sub-section (2A) of section 35 of the Income-tax Act, 1961. Sponsored by a private company in Bombay, the project will be implemented by a science society in Hyderabad. The program is scheduled to commence in June 1980 and is expected to be completed by February 1982, with an estimated budget of Rs. 2,50,000. The implementing laboratory is already approved under section 35(1)(ii) of the Income-tax Act, as per a previous notification from the Ministry of Finance.
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