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<h1>Tax approval for scientific research institution requires separate research accounts, annual audited returns, and timely renewal applications.</h1> Approval of Anam Scientific and Technological Applied Research Foundation as a research association requires maintenance of a separate account for research receipts, annual submission of prescribed returns by 30 April, and filing of audited annual accounts and balance sheet to the prescribed authority and tax commissioner by 30 June; renewal applications must be filed three months before approval expiry, with late applications liable to rejection. The approval period runs from 1 January 1986 to 31 March 1987.