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of <h1>National Agricultural and Scientific Research Foundation approved under Section 35(1)(ii) of Income-tax Act 1961 for 1988-1989.</h1> The National Agricultural and Scientific Research Foundation in Calcutta has been approved under section 35(1)(ii) of the Income-tax Act, 1961, for the period from April 1, 1988, to March 31, 1989. The approval, granted by the Department of Scientific and Industrial Research, New Delhi, requires the foundation to maintain separate accounts for scientific research funds, submit annual returns of its research activities by May 31, and provide audited financial statements by June 30 each year. The foundation must apply for approval extension before expiry, with late applications subject to rejection.
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