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<h1>New Rules for Scientific Research Approval Under Section 35 of Income-tax Act: Application Process, Forms, and Conditions</h1> The Income-tax (Twelfth Amendment) Rules, 2006, introduced by the Central Board of Direct Taxes, amend the Income-tax Rules, 1962. These amendments establish guidelines for obtaining approval under section 35 of the Income-tax Act, 1961, specifically for scientific research associations, universities, colleges, and other institutions. The rules outline the application process, necessary forms (Form No. 3CF-I and 3CF-II), and conditions for approval. They also detail the maintenance of accounts, audit requirements, and procedures for addressing application deficiencies. The Central Government retains the authority to approve or reject applications and withdraw approvals if conditions are not met.