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of <h1>Energy and Resources Institute Approved for Scientific Research Funding Under Section 35(1)(ii) of Income-tax Act</h1> The Energy and Resources Institute in New Delhi has been approved by the Central Government under section 35(1)(ii) of the Income-tax Act, 1961, effective from April 1, 2006. This approval allows the organization to receive funds for scientific research, provided it adheres to specific conditions. These include utilizing funds for scientific research, conducting research through faculty or students, maintaining separate audited accounts for research funds, and submitting audit reports and donation statements to tax authorities. The approval may be withdrawn if the organization fails to comply with these requirements or ceases genuine research activities.
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