Approval under section 35(1)(iii): research institution granted association status subject to account, return and audit compliance. Approval is granted to the International Management Institute, New Delhi, as an Association for tax purposes relating to scientific research, conditioned on maintaining a separate research account, furnishing annual research activity returns by 30 April each year, and submitting audited annual accounts (income and expenditure and balance-sheet) to the prescribed authority and the concerned Commissioner of Income-tax by 30 June each year; the approval is effective from 11 February 1984 to 31 March 1985.