Research-expenditure approval conditions: donations to approved institution qualify subject to audit and separate accounts reporting. Vedanta Cultural Foundation, Mumbai is approved as an institution eligible for research-expenditure recognition under section 35(1)(iii) for social science research, conditional on using received sums for research, conducting research through faculty or enrolled students, maintaining separate books and a separate statement of donations and research application, obtaining an audit by a qualified accountant, and furnishing the audit report and certified donations statement to the tax authority by the due date; approval may be withdrawn for failure to comply or for cessation or lack of genuine research activity.