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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Institute of Management in Government gains approval under Income-tax Act Section 35(1)(iii) for scientific research funding.</h1> The Institute of Management in Government, located in Trivandrum, has been approved by the Department of Scientific and Industrial Research under section 35(1)(iii) of the Income-tax Act, 1961. This approval is effective from April 1, 1988, to March 31, 1989. The institute 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 accounts by June 30 each year. Additionally, the institute must apply for approval extension before expiry; late applications may be rejected.
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