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<h1>K.J. Research Foundation Approved as Scientific Research Association Under Section 35(1)(ii) of Income-tax Act</h1> Organization K.J. Research Foundation, Chennai, has been approved by the Central Government as a 'scientific research association' under section 35(1)(ii) of the Income-tax Act, 1961, effective from April 1, 2006. The approval is contingent upon the organization solely undertaking scientific research, maintaining and auditing its financial records, and submitting audit reports and statements of donations and expenditures for scientific research to the relevant tax authorities. The approval may be withdrawn if the organization fails to comply with these conditions, ceases genuine research activities, or does not adhere to the specified provisions of the Act and Rules.