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of <h1>Vanarai's Natural Resources Program Gains Approval Under Section 35CCB, Requires Separate Accounts and Progress Reports</h1> The institution Vanarai, located in Vijaynagar, Pune, has been approved by the Ministry of Environment and Forests, Government of India, under section 35CCB of the Income-tax Act, 1961, for its conservation of natural resources program. This approval, valid from April 1, 1999, to March 31, 2001, requires Vanarai to maintain separate accounts for donations, submit progress and audited accounts reports for the financial years 1999-2000 and 2000-2001, and provide these documents to the prescribed authority and the concerned Commissioner of Income-tax. The approval is contingent on the continued satisfaction of the prescribed authority.
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