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of <h1>Times Research Foundation Gains Approval Under Section 35(1)(iii) of Income-tax Act for Social Science Research Funding</h1> The Times Research Foundation in Bombay has been approved under section 35(1)(iii) of the Income-tax Act, 1961, by the Indian Council of Social Science Research. This approval is effective from April 1, 1981, to March 31, 1984. The Foundation must use funds collected under this exemption solely for promoting research in social sciences, maintain separate accounts for these funds, and submit an annual report with audited financial statements to the Council, detailing fund collection and utilization.
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