Approval under section 35(1)(ii) grants research association status subject to separate accounting, annual returns, and audited accounts. Approval under section 35(1)(ii) recognises the Maharashtra Association for the Cultivation of Science, Pune as an association for research purposes, subject to conditions: maintain a separate account for research receipts; furnish annual returns of scientific research activities by 30 April in prescribed forms; and submit audited annual accounts, income and expenditure statements and balance-sheet to the prescribed authority by 30 June with copies to the concerned Commissioner of Income-tax. The approval is effective from 6 March 1984 to 5 March 1987.