Section 35 approval for research institution enables tax deduction eligibility for scientific and social science research expenditures. Approval under clauses (ii) and (iii) of sub section (1) of section 35 read with rules 5C and 5E grants M/s Bennett University, Greater Noida the status of a University, College or other institution for scientific research and research in social science and statistical research. The notification deems the approval to apply from the specified assessment year and to continue for the subsequent assessment years listed, and the explanatory memorandum certifies no person is adversely affected by retrospective effect.