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of <h1>Centre for Liquid Crystal Research Approved as 'Scientific Research Association' Under Section 35 of Income Tax Act 1961</h1> The Central Government has approved an organization, referred to as the Centre for Liquid Crystal Research, Bangalore, as a 'scientific research association' under Section 35 of the Income Tax Act, 1961, effective from April 1, 2005. The approval is subject to conditions including the sole objective of conducting scientific research, maintaining audited books of accounts, and providing a certified statement of donations and research expenditures. The approval may be withdrawn if the organization fails to meet these conditions or ceases genuine research activities.
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