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<h1>All-India Institute approved as scientific research association under Income-tax Act Sec 35(1)(ii) for medical research funding.</h1> The All-India Institute of Physical Medicine and Rehabilitation Society for Promotion of Medical Research in Bombay has been approved by the Indian Council of Medical Research as a 'scientific research association' for medical research under section 35(1)(ii) of the Income-tax Act, 1961. This approval is effective from December 20, 1979, to December 19, 1981. The Society must maintain separate accounts for research funds, submit annual research activity returns and audited financial statements to the Council and the Income-tax Commissioner by May 31 each year.