Research approval for institute recognized for donor tax benefits, conditioned on audit, reporting and genuine research activities. Fluid Control Research Institute, Palakkad is approved as an approved research institution effective 1 April 2008, subject to conditions that payments received be used for scientific research carried out by faculty or enrolled students, maintenance of separate books of account for research receipts and expenditures, an auditor's audit and certified report submitted with the income-tax return, and a separate auditor-certified statement of donations and amounts applied for research; approval is withdrawable for failures to maintain records, furnish reports, cease genuine research, or otherwise fail compliance.