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<h1>Vikalang Kendra Rural Research Society Gains Approval Under Section 35(1)(ii) for Tax Benefits on Scientific Research</h1> The Vikalang Kendra Rural Research Society in Allahabad has been approved under section 35(1)(ii) of the Income-tax Act, 1961, by the Department of Scientific and Industrial Research, New Delhi. The approval is valid from April 1, 1988, to March 31, 1989. The society must maintain separate accounts for funds received for scientific research, submit annual returns of research activities by May 31 each year, and provide audited accounts and balance sheets by June 30 to relevant authorities. Additionally, they must apply for approval extension before its expiry to avoid rejection.