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of <h1>Aspee Agricultural Research Approved Under Section 35 of Income Tax Act, 1961; Compliance and Reporting Deadlines Set.</h1> M/s Aspee Agricultural Research & Development Foundation has been approved by the Central Government under section 35 of the Income Tax Act, 1961, for the period from April 1, 2002, to March 31, 2005. The organization must maintain separate books for research activities, submit an annual return of scientific research activities by May 31 each year, and provide audited annual accounts and income & expenditure accounts by October 31 each year to designated authorities. The organization is advised to apply for renewal well in advance. Condition (i) regarding separate books does not apply to associations.
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