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<h1>Physical Research Laboratory Approved as Scientific Research Association Under Section 35(1)(ii) of Income-tax Act</h1> Physical Research Laboratory, Ahmedabad, has been approved by the Central Government under section 35(1)(ii) of the Income-tax Act, 1961, effective from April 1, 2008, as a 'scientific research association.' The approval is contingent upon the organization conducting scientific research independently, maintaining audited books of account, and submitting audit reports to the relevant tax authorities. Additionally, it must keep a separate statement of donations and their application towards scientific research. The approval will be withdrawn if the organization fails to meet these requirements, ceases genuine research activities, or does not comply with the specified provisions of the Act and Rules.