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of <h1>Indian Traditions Institute Gains Tax-Exempt Fund Status under Sec 35(1)(iii) for Social Science Research Projects</h1> The Institute for the Study of Indian Traditions in Pune 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 institute to collect funds exempt from income tax, provided the funds are used exclusively for promoting research in social sciences. The institute must maintain separate accounts for these funds and submit an annual report and audited statement to the Council detailing fund collection and utilization. This notification is effective from January 1, 1981, to December 31, 1983.
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