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<h1>Afco Limited Approved for Consultancy and Design Services in Marine Transportation Under Section 35D(2)(a) of Income-tax Act, 1961.</h1> The Central Board of Direct Taxes has approved M/s. Afco Limited, located in Bombay, as an institution under clause (a) of sub-section (2) of section 35D of the Income-tax Act, 1961. This approval is for providing consultancy and design services in marine transportation. The approval is effective from August 22, 1975, as per Notification No. 0010, dated October 27, 1976.