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<h1>Bhartiya Bhasha Parishad gains approval under Income-tax Act Section 35(1)(iii); must maintain records and apply for renewal.</h1> The Bhartiya Bhasha Parishad, located at 36-A, Shakespeare Sarani, Calcutta, has been approved by the Department of Science and Technology under section 35(1)(iii) of the Income-tax Act, 1961. This approval, effective from April 1, 1982, to March 31, 1988, requires the institution to maintain separate accounts for scientific research funds, submit annual returns of research activities by April 30, and provide audited financial statements by June 30 each year. Additionally, the institution must apply for renewal of approval three months before expiry, with late applications subject to rejection.