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<h1>Escorts Heart Institute Approved for Scientific Research Association Status Under Section 35(1)(ii) of Income-tax Act, 1961.</h1> The Escorts Heart Institute and Research Centre in New Delhi 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 valid from June 19, 1981, to June 18, 1983. The institution must maintain separate accounts for research funds, submit annual research activity and audited financial statements by May 31 each year, and seek government clearance for importing equipment from Dr. Spencer's Heart Foundation in New York.