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of <h1>Thapar Centre's Research Approved Under Section 35(1)(ii) of Income Tax Act for 2000-2003 with Specific Conditions</h1> The Thapar Centre for Industrial Research & Development has been approved by the Central Government under section 35(1)(ii) of the Income Tax Act, 1961, for the period from April 1, 2000, to March 31, 2003. The approval is contingent upon maintaining separate accounts for research activities, submitting annual scientific research activity returns by May 31 each year, and providing audited annual accounts and income & expenditure accounts by October 31 to specified authorities. The organization must apply for renewal of approval in advance through the appropriate tax authorities and submit applications to the Department of Scientific and Industrial Research.
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