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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Lal Chand Agro Research Institute gains approval under Section 35(1)(ii) of Income-tax Act for scientific research funding.</h1> The Lal Chand Agro Research Institute in New Delhi has been approved by the Department of Science and Technology for purposes under section 35(1)(ii) of the Income-tax Act, 1961. This approval is effective from February 16, 1985, to March 31, 1986. The institute must maintain separate accounts for funds received for scientific research, submit annual returns of research activities by April 30 each year, and provide audited annual accounts by June 30. Additionally, it must apply for approval extension to the Central Board of Direct Taxes three months before the current approval expires.
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