Research funding approval under tax law: payments eligible if organization meets audit, recordkeeping, and donation reporting conditions. Approval is granted to the Institute for Studies in Industrial Development as an approved organization under the research funding tax framework, effective from 1 April 2000, conditional on utilizing received sums for social science research, conducting research through faculty or enrolled students, maintaining separate books of account for research receipts and expenditures, obtaining an audit by a qualified accountant and furnishing the audited report and an auditor certified statement of donations and amounts applied to research to the tax authorities by the return filing due date.