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of <h1>Savita Research Centre Gains Approval Under Section 35(1)(ii) for Scientific Research, Valid Until December 1983.</h1> The Savita Research Centre in Bombay has been approved by the Secretary of the Department of Science & Technology, New Delhi, as an institution under section 35(1)(ii) of the Income-tax Act, 1961. This approval is for its work in natural and applied sciences, excluding agriculture, animal husbandry, fisheries, and medicine. The Centre must maintain separate accounts for research funds and submit annual returns of its scientific activities and accounts to the prescribed authority and the Commissioner of Income-tax. This approval is valid from December 16, 1980, to December 15, 1983.
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