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<h1>Administrative Staff College of India approved for scientific research funding under Income-tax Act section 35(1)(iii) until 1990.</h1> The Administrative Staff College of India, Hyderabad, has been approved by the Department of Scientific and Industrial Research, New Delhi, under section 35(1)(iii) of the Income-tax Act, 1961. This approval, effective from April 1, 1987, to March 31, 1990, mandates the institution to maintain separate accounts for funds received for scientific research, submit annual returns of research activities by May 31, and provide audited financial accounts by June 30 each year. The institution must also apply for approval extension three months before expiry to the Central Board of Direct Taxes, with late applications subject to rejection.