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<h1>National Labour Law Association Approved for Tax Benefits Under Section 35(1)(iii), Valid Until March 1988</h1> The National Labour Law Association, New Delhi, has been approved under section 35(1)(iii) of the Income-tax Act, 1961, by the Department of Scientific & Industrial Research. This approval is valid from April 1, 1985, to March 31, 1988. The association must maintain separate accounts for scientific research funds, submit annual returns of its activities by April 30, and provide audited accounts by June 30 each year. Additionally, it must apply for approval extension three months before expiry. Failure to comply with these conditions may lead to rejection of extension applications.