For the purpose of Section 35(1)(iii) - organization Nimbkar Agricultural Research Institute (NARI), Phaltan, Maharashtra has been approved

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....7 It is hereby notified for general information that the organization Nimbkar Agricultural Research Institute (NARI), Phaltan, Maharashtra, has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with 1[Rules 5C and 5E] of the Income-tax Rules, 1962 with effect from 1-4-2006 in the category of 'other Institu....

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.... shall maintain a separate statement of donations received and amounts applied for scientific research and a copy of such statement duly certified by the auditor shall accompany the report of audit referred to above. 2. The Central Government shall withdraw the approval if the approved organization:- (a) fails to maintain books of account; or (b) fails to furnish its audit report; or (c) fails....