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of <h1>Systems Research Institute Approved for Scientific Research Under Section 35(1)(ii) of Income-tax Act, 1961</h1> The Systems Research Institute in Pune has been approved under section 35(1)(ii) of the Income-tax Act, 1961, for scientific research in natural and applied sciences, excluding agriculture, animal husbandry, fisheries, and medicines. This approval, effective from April 1, 1981, to March 31, 1984, requires the institute to maintain separate accounts for research funds and submit annual activity and financial reports to the prescribed authority and the Commissioner of Income-tax by April 30 each year. This notification follows a prior notification dated July 13, 1978, and is issued by the Department of Science and Technology, New Delhi.
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