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of <h1>Mangalore University Approved for Scientific Research Under Section 35(1)(iii) of Income-tax Act 1961 Until March 31, 1988.</h1> Mangalore University, located at Light House Hill, Mangalore, has been approved by the Department of Scientific and Industrial Research, New Delhi, under section 35(1)(iii) of the Income-tax Act, 1961, for scientific research purposes. The approval is valid from July 22, 1985, to March 31, 1988. The university must maintain separate accounts for research funds, submit annual returns of research activities by April 30, and provide audited financial statements by June 30 each year. Additionally, the university must apply for approval renewal three months before expiration, or risk rejection if submitted late.
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