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<h1>Semi Conductor Laboratory gains Central Government approval under Section 35(1)(ii) for scientific research funding, effective April 2006.</h1> Semi Conductor Laboratory in Mohali has been approved by the Central Government under Section 35(1)(ii) of the Income-tax Act, 1961, effective from April 1, 2006, for its research activities. The approval mandates that funds received must be used for scientific research, conducted by faculty or students, with separate audited accounts maintained. The organization must also provide a certified statement of donations and expenditures for research. The approval can be revoked if it fails to maintain proper accounts, submit audit reports, or if its research activities cease or are deemed non-genuine.