Approval under section 35(1)(ii) recognises a research institution, subject to audit, separate accounts and compliance conditions. Approval is granted to M/s Indian Institute of Science Education and Research, Kolkata as a University, College or other Institution engaged in scientific research under clause (ii) of sub section (1) of section 35 read with Rules 5C and 5E, subject to conditions: sums must be used for scientific research; research carried out by faculty or enrolled students; separate books of account for research receipts and expenditures with an auditor's report filed by the return due date; and a separate auditor certified statement of donations and amounts applied to research. The Central Government may withdraw approval for non compliance or cessation of genuine research activities.