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<h1>National Institute for Training in Industrial Engineering receives approval under Section 35(1)(ii) of Income-tax Act, 1961.</h1> The National Institute for Training in Industrial Engineering, Bombay, has been approved by the Department of Scientific and Industrial Research, New Delhi, under section 35(1)(ii) of the Income-tax Act, 1961. The approval is valid from June 14, 1986, to March 31, 1988. The Institute 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 annual accounts by June 30. Additionally, the Institute must apply for approval extension three months before the current approval expires.