Scientific Research approval enables Bhaikaka University to qualify for tax benefits under section 35 of the Income-tax Act. Approval designates Bhaikaka University, Anand, Gujarat, as recognised for Scientific Research in the category of 'University, college or other institution' for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, issued under rules 5C and 5E of the Income-tax Rules, 1962, with retrospective effect from the date of Gazette publication, thereby making the institution eligible for the tax treatment tied to such recognition.