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of <h1>Centre for Organisation Development Gains Approval Under Section 35(1)(ii) of Income-tax Act for Scientific Research Funding</h1> The Centre for Organisation Development in Hyderabad has been approved under section 35(1)(ii) of the Income-tax Act, 1961, by the Director-General (Income-tax Exemptions) and the Secretary of the Department of Scientific and Industrial Research. This approval, valid from April 1, 1989, to March 31, 1990, requires the organization to maintain separate accounts for scientific research funds, submit annual research activity returns by May 31, and provide audited annual accounts by June 30 each year. Additionally, the organization must apply for an extension of approval three months before expiration, submitting necessary documents to relevant authorities.
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