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of <h1>Associated Electronics Research Foundation Gains Approval Under Section 35(1)(ii) for 1990-1991; Must Fulfill Reporting Requirements</h1> The Associated Electronics Research Foundation in New Delhi has been approved under section 35(1)(ii) of the Income-tax Act, 1961, effective from April 1, 1990, to March 31, 1991. The organization must maintain separate accounts for scientific research funds, submit annual returns of its research activities by May 31 each year, and provide audited annual accounts to relevant authorities by June 30 each year. For further approval extension, applications must be submitted three months before current approval expiry. In exceptional cases, applications can be submitted soon after receiving the approval order.
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