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<h1>Vision Research Foundation in Chennai Approved as Scientific Research Association Under Section 35(1)(ii) of Income-tax Act</h1> Vision Research Foundation, Chennai, has been approved by the Central Government under section 35(1)(ii) of the Income-tax Act, 1961, as a 'scientific research association' effective from April 1, 2010. The organization must focus solely on scientific research, conduct research independently, maintain audited financial records, and submit audit reports to the relevant tax authorities. It must also keep a certified statement of donations and their application for research. Approval may be revoked if the organization fails to maintain records, submit reports, or ceases genuine research activities, or if it does not comply with the specified provisions and rules.