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<h1>Central Government Approves M/s Parshwanatn Vidya Peeth for Research Under Section 35 of Income-tax Act, 1961</h1> M/s Parshwanatn Vidya Peeth has been approved by the Central Government under sub-section (1) of section 35 of the Income-tax Act, 1961 for the period from April 1, 2000, to March 31, 2001. The approval is for research activities under the category 'Institution,' subject to conditions including maintaining separate books of accounts, submitting an annual return of scientific research activities, and providing audited annual accounts and income and expenditure accounts. The institution must apply for renewal in advance through the appropriate tax authorities and send copies to the Department of Scientific and Industrial Research.