Approval under Section 35(1)(ii) grants research institutions reporting and accounting obligations for tax recognition to ensure compliance. Approval is granted to the Maharashtra Rajya Draksha Bagaitdar Sangh, Pune, as an institution for purposes of clause (ii) of sub section (1) of section 35 of the Income tax Act, 1961, subject to conditions: maintain separate accounts for scientific research; furnish annual returns of research activities to the prescribed authority by 30 April; submit audited annual accounts, income and expenditure statements and balance sheet to the prescribed authority and the Commissioner of Income tax by 30 June; and apply to the Central Board of Direct Taxes three months before approval expiry for extension. The approval is effective from 1 April 1985 to 31 March 1987.