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of <h1>Centre for Organisation Development Gains Approval under Section 35(1)(iii) for Scientific Research Funding Compliance</h1> The Centre for Organisation Development in Hyderabad has been approved under section 35(1)(iii) of the Income-tax Act, 1961, by the Department of Scientific and Industrial Research, New Delhi. This approval, effective from September 1, 1986, to March 31, 1989, requires the institution to maintain a separate account 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 to the Central Board of Direct Taxes for approval renewal three months before the current approval expires.
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