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of <h1>Vijnana Parishad Approved for Scientific Research Under Section 35(1)(ii) of Income-tax Act, 1961</h1> The Vijnana Parishad, located in Allahabad, has been approved under section 35(1)(ii) of the Income-tax Act, 1961, for scientific research purposes by the Department of Scientific and Industrial Research, New Delhi. The approval is effective from April 1, 1987, to March 31, 1990. The institution must maintain separate accounts for research funds, submit annual returns of research activities by May 31 each year, provide audited annual accounts by June 30, and apply for approval extension three months before expiry. These documents must also be sent to the Central Board of Direct Taxes and the concerned Commissioner of Income-tax.
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