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of <h1>Natural Products Research Association Approved for Scientific Research Under Section 35(1)(ii) of Income-tax Act 1961</h1> The Natural Products Research Association in Bombay has been approved under section 35(1)(ii) of the Income-tax Act, 1961, by the Secretary of the Department of Science and Technology. This approval, effective from April 14, 1981, to April 13, 1983, allows the institution to conduct scientific research in natural and applied sciences, excluding agriculture, animal husbandry, fisheries, and medicine. The association is required to maintain separate accounts for research funds, submit annual returns of its research activities, and provide annual statements of accounts to the Commissioner of Income-tax by April 30 each year.
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