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of <h1>Bhagwan Sri Ramana Maharishi Research Centre Gains Approval Under Section 35(1)(ii) of Income-tax Act, 1961</h1> The Bhagwan Sri Ramana Maharishi Research Centre in Bangalore has been approved by the Department of Scientific and Industrial Research under section 35(1)(ii) of the Income-tax Act, 1961. This approval is valid from April 1, 1988, to March 31, 1989. The institution must maintain separate accounts for funds received for scientific research, submit annual returns and audited accounts to the prescribed authority and relevant tax bodies, and apply for approval extension before expiration. Failure to apply for extension before the expiry date may result in rejection.
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