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of <h1>Sri Aurobindo Society Gains Approval for Scientific Research Under Section 35(1)(iii) of Income-tax Act, 1961.</h1> The Sri Aurobindo Society, located in Pondicherry, has been approved by the Department of Scientific and Industrial Research, New Delhi, under section 35(1)(iii) of the Income-tax Act, 1961, for the period from April 1, 1988, to March 31, 1989. The Society must maintain a separate account for funds received for scientific research, submit annual returns of its research activities by May 31, and provide audited financial statements by June 30 each year. Additionally, the Society must apply for approval extension before the current approval expires, or risk rejection of late applications.
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