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of <h1>Centre of Plant Engineering Services Approved for Scientific Research under Section 35(1)(ii) of Income-tax Act</h1> The Centre of Plant Engineering Services in Hyderabad has been approved by the Secretary of the Department of Science and Technology, New Delhi, as an institution under section 35(1)(ii) of the Income-tax Act, 1961. This approval, effective from May 26, 1981, to May 25, 1983, is for conducting scientific research in natural or applied sciences, excluding agriculture, animal husbandry, fisheries, and medicine. The center must maintain separate accounts for funds received for research, submit annual returns of its activities by April 30 each year, and provide annual statements of accounts to the Commissioner of Income-tax.
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