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<h1>Conwest Jain Clinic Group recognized as 'scientific research association' under Section 35(1)(ii) of Income-tax Act, 1961.</h1> The Conwest Jain Clinic Group of Hospital Medical Research Society in Bombay has been approved by the Indian Council of Medical Research as a 'scientific research association' under section 35(1)(ii) of the Income-tax Act, 1961. This approval is valid from March 31, 1982, to March 30, 1984. The Society must maintain separate accounts for funds received for medical research, submit annual returns of its research activities by May 31 each year, and provide an audited statement of accounts to both the Council and the relevant Income-tax Commissioner.