Approval under section 35 permits qualification for scientific research tax benefits subject to annual reporting and extension conditions. Approval is granted to the Consumer Education and Research Centre, Ahmedabad, as an Institution for research-related tax purposes, subject to conditions: maintain separate accounts for scientific research receipts; file annual returns of research activities to the prescribed authority by the annual deadline; submit audited accounts, income and expenditure statements and balance sheet to the prescribed authority and tax commissioner by the annual deadline; and seek approval extension from the central tax administration at least three months before expiry, with late applications liable to rejection.