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of <h1>Centre for the Study of Developing Societies Gains Approval for Scientific Research Funding Under Income-tax Act Section 35(1)(iii)</h1> The Centre for the Study of Developing Societies in New Delhi has been approved by the Central Government under section 35(1)(iii) of the Income-tax Act, 1961, for scientific research expenditure from the assessment year 2010-2011 onwards. The organization must utilize funds for scientific research, conduct research through faculty or students, maintain separate audited accounts for research funds, and provide a certified statement of donations and expenditures. Approval may be withdrawn if these conditions are not met, or if research activities cease or are deemed non-genuine.
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