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of <h1>Kalyani Gorakhshan Trust Approved for Scientific Research Under Section 35(1)(ii) of Income-tax Act, 1961</h1> Kalyani Gorakhshan Trust, located in Satara, Maharashtra, has been approved under section 35(1)(ii) of the Income-tax Act, 1961, as an institution for scientific research. The approval is effective from June 6, 1991, to March 31, 1991. The trust must maintain separate accounts for funds received for research, submit annual returns of its research activities by May 31 each year, and provide audited accounts by June 30 each year to relevant tax authorities. The trust should apply for an extension of approval three months before expiry, or as soon as possible if the approval is received late.
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