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of <h1>EFI Social and Labour Research Foundation gains approval under Income-tax Act Section 35(1)(iii) for 1986-1988.</h1> The EFI Social and Labour Research Foundation, located in Bombay, has been approved by the Department of Scientific and Industrial Research under section 35(1)(iii) of the Income-tax Act, 1961. This approval is effective from March 22, 1986, to March 31, 1988. The foundation must maintain separate accounts for funds received for scientific research, submit annual returns of its research activities by April 30 each year, and provide audited financial statements by June 30 each year. Additionally, the foundation must apply for approval extension three months before the current approval expires.
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