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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Lal Bahadur Shastri Engineering Centre gains approval under Section 35(1)(ii) of Income-tax Act, 1961, effective 1987-1989.</h1> The Lal Bahadur Shastri Engineering Research and Consultancy Centre in Trivandrum has been approved under section 35(1)(ii) of the Income-tax Act, 1961, by the Department of Scientific and Industrial Research, New Delhi. This approval is effective from April 1, 1987, to March 31, 1989. The Centre must maintain separate accounts for research funds, submit annual research activity returns by May 31, and provide audited financial documents by June 30 each year. Additionally, the Centre must apply for approval extension three months before expiry, with late applications subject to rejection.
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