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<h1>Institute of Company Secretaries Approved for Scientific Research Under Section 35(1)(iii) of Income-tax Act, 1961</h1> The Institute of Company Secretaries in New Delhi has been approved by the Department of Scientific and Industrial Research under section 35(1)(iii) of the Income-tax Act, 1961, for scientific research purposes. The approval is valid from April 1, 1988, to March 31, 1989. The Institute must maintain separate accounts for funds received for scientific research, submit annual returns of its activities, and provide audited annual accounts to relevant authorities by specified dates. It must also apply for an extension of approval before its expiration to avoid rejection.