Scientific research association approval enables tax exemption subject to audit, separate accounts and donation reporting compliance. Gujarat Energy Research And Management Institute is approved as a Scientific Research Association from 01.04.2012, subject to having research as its sole objective and conducting research itself, maintaining separate books for research receipts and applications, obtaining an audit by a qualified accountant and furnishing the audit report and an auditor-certified statement of donations and application to the tax authorities by the income-tax return due date; approval may be withdrawn for failures in these compliance or if research activity is not genuine.