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of <h1>Energy and Resources Institute Approved for Tax Benefits Under Section 35(1)(ii) for 2003-2006; Must Submit Annual Audits.</h1> The Energy and Resources Institute, New Delhi, has been approved by the Central Government under Section 35(1)(ii) of the Income-tax Act, 1961, for the period from April 1, 2003, to March 31, 2006. This approval requires the organization to maintain separate accounts for its research activities and submit audited Income & Expenditure accounts annually to the relevant tax authorities. Additionally, a certificate from the auditor must be provided, detailing the funds received for scientific research and confirming that expenditures were for scientific research purposes.
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