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of <h1>Jawaharlal Nehru Centre Approved for Scientific Research Funding Under Section 35(1)(ii) of Income-tax Act, 1961</h1> The Jawaharlal Nehru Centre for Advanced Scientific Research in Bangalore has been approved by the Central Government under Section 35(1)(ii) of the Income-tax Act, 1961, effective from April 1, 2003. This approval allows the organization to receive funds for scientific research, which must be conducted by its faculty or students. The organization is required to maintain audited financial records and submit them to tax authorities. It must also provide a certified statement of donations and their application. The approval may be revoked if the organization fails to comply with these conditions or ceases genuine research activities.
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