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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Pan Asian Management approved under Income-tax Act Section 35(1)(iii) for research; follow reporting and renewal rules.</h1> The Pan Asian Management and Rural Research Organisation, New Delhi, has been approved under section 35(1)(iii) of the Income-tax Act, 1961, by the Department of Scientific and Industrial Research. This approval is valid from April 1, 1988, to March 31, 1989. The organization must maintain a separate account for scientific research funds, submit annual returns of research activities by May 31 each year, and provide audited accounts and balance sheets by June 30 to relevant authorities. Applications for approval extension must be submitted before the current approval expires to avoid rejection.