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<h1>Research institution approval under section 35 requires separate research accounts, annual returns by April, and audited accounts by June.</h1> Approval is granted to Thakur Research Foundation as a research Institution under section 35(1)(iii) for activities in other natural and applied sciences, subject to conditions requiring maintenance of a separate account for research receipts, annual returns of scientific research activities to the prescribed authority by 30 April each year, and submission by 30 June each year of audited annual accounts, income and expenditure statements, and balance sheet copies to the prescribed authority and the concerned Commissioner of Income-tax; approval effective from 20 November 1984 to 31 March 1986.