Research institution approval under income tax rules requires separate research accounts and annual audited returns to authorities. Approval is granted to Govind Ballabh Pant Social Science Institute, Allahabad, as an Institution under the income tax provision for scientific research, subject to conditions: maintain a separate account for research receipts; furnish annual research returns to the prescribed authority by 30th April in prescribed forms; and submit audited annual accounts and balance sheet to the prescribed authority and the concerned Commissioner of Income tax by 30th June each year, with the notification specifying a defined effective period.