Approval under section 35(1)(ii) grants research institution status subject to separate accounts and annual reporting and audit submissions. Approval is granted to the National Society for the Prevention of Blindness India, Dr. Rajendra Prasad Centre for Ophthalmic Sciences, as an Institution for purposes of clause (ii) of sub section (1) of section 35 of the Income tax Act, effective 1 April 1991 to 31 March 1993, subject to maintenance of separate accounts for scientific research, annual submission of research activity returns to the Secretary, Department of Scientific and Industrial Research by 31 May, and annual submission by 30 June of audited accounts to the Director General of Income tax (Exemptions), the Secretary, and the local tax commissioner/director.