Scientific research expenditure approval: Baun Foundation Trust recognized under the tax provision, subject to compliance and audit conditions. Baun Foundation Trust is approved as an eligible organization for scientific research expenditure purposes, subject to conditions: funds must be used for research conducted by faculty or enrolled students; separate books and a certified statement of donations and applications for research must be maintained; books must be audited by a qualified accountant and the audit report furnished to the tax authorities by the income tax return due date. Approval may be withdrawn for failure to maintain accounts, furnish audit reports or donation statements, cessation of genuine research activity, or noncompliance with statutory conditions.