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<h1>International Board of Yoga approved for scientific research from 2001-2004 under Section 35 of Income-tax Act 1961.</h1> The Central Government has approved M/s International Board of Yoga for the period from April 1, 2001, to March 31, 2004, under section 35 of the Income-tax Act, 1961, as an institution for scientific research. The organization must maintain separate accounts for research activities, submit an annual return of research activities by May 31 each year, and provide audited annual accounts and income statements by October 31 to relevant authorities. For approval renewal, the organization must apply in triplicate well in advance through the appropriate tax authorities and send copies to the Department of Scientific and Industrial Research.