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of <h1>ICMR Approves Diabetic Retinopathy Research in India Under Section 35(2A) of Income-tax Act, 1961</h1> The Indian Council of Medical Research has approved a scientific research program titled 'Diabetic Retinopathy in India' under section 35(2A) of the Income-tax Act, 1961. Sponsored by the Medical Research Foundation in Madras and the Central Council of Diabetic Research of the Diabetic Association of India, the project will run from September 7, 1981, to September 6, 1986, with an estimated budget of Rs. 32.73 lakhs. The foundation must maintain separate accounts for the project, submit annual returns and audited statements to the Council and the Income-tax Commissioner, and is approved under section 35(1)(ii) of the Income-tax Act.
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