Research institution approval under section 35: granted subject to separate research accounts and annual audited reporting obligations. Approval is granted to Dr. Vikram A. Sarabhai AMA Memorial Trust as an institution under clause (iii) of sub section (1) of section 35 of the Income tax Act, subject to maintaining separate accounts for research receipts, filing an annual return of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31st May, and submitting audited annual accounts to specified authorities by 30th June; approval effective from 1st April, 1991 to 31st March, 1992.