Ayodhya Charitable Trust Approved for Scientific Research by ICMR Under Section 35(1)(ii) of Income-tax Act 1961

The Ayodhya Charitable Trust in Pune has been approved as a Scientific Research Association by the Indian Council of Medical Research for medical research purposes under section 35(1)(ii) of the Income-tax Act, 1961. This approval, effective from December 31, 1980, to December 30, 1982, requires the institution to maintain separate accounts for research funds, submit annual research activity returns by May 31 each year, and provide an audited financial statement to the Council and the Income-tax Commissioner.

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