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of <h1>Centre of Studies in Decentralised Industries Approved for Scientific Research Under Section 35(1)(ii) of Income-tax Act 1961</h1> The Centre of Studies in Decentralised Industries in Bombay has been approved by the Department of Science and Technology, New Delhi, under section 35(1)(ii) of the Income-tax Act, 1961, for scientific research purposes. The approval is effective from July 16, 1983, to July 15, 1986. The institution must maintain separate accounts for research funds, submit annual returns of research activities by April 30 each year, and provide audited financial statements by June 30 to the prescribed authority and the Commissioner of Income-tax.
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