Tax approval for research institution - recognition granted subject to research use of funds, audit and reporting compliance. SASMIRA, Mumbai is approved for tax recognition under Section 35(1)(ii) as an 'other Institution, partly engaged in research activities' effective 1 April 2000, conditional on using receipts for scientific research, conducting research through faculty or enrolled students, maintaining audited books and furnishing the audit report by the return due date, and providing an auditor certified statement of donations and sums applied for research; approval may be withdrawn for failures to maintain accounts, furnish required reports or statements, cessation or lack of genuine research, or noncompliance with the governing provisions.