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of <h1>K.J. Research Foundation Approved as Scientific Research Association Under Section 35(1)(ii) of Income-tax Act 1961</h1> Organization K.J. Research Foundation, located at 152, Poonamallee High Road, Chennai, has been approved by the Central Government under Section 35(1)(ii) of the Income-tax Act, 1961, for the period from April 1, 2003, to March 31, 2006. This approval classifies it as a 'scientific research association' existing solely for research. The organization must maintain separate accounts for its research activities and submit audited Income and Expenditure accounts annually to the relevant tax authority. These accounts must include an auditor's certificate detailing funds received for scientific research and confirming that expenditures were for social science or statistical research.
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