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of <h1>Central Government Approves Auroville Foundation Bharat Niwas Under IT Act Section 35(1)(iii) for 2003-2006</h1> The Central Government has approved M/s Auroville Foundation Bharat Niwas under section 35(1)(iii) of the Income Tax Act, 1961, effective from April 1, 2003, to March 31, 2006. The organization must maintain separate accounts for its research activities and submit annual scientific research activity reports by May 31 each year. Additionally, it must provide audited annual accounts and income and expenditure accounts to relevant authorities by October 31 annually. Renewal applications should be submitted in triplicate to the Central Government and the Department of Scientific and Industrial Research well in advance.
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