Tax deduction for scientific research: approved institutions must maintain separate research accounts and submit audited certificates timely. Approval under Section 35(1)(ii) has been granted to M/s International Institute of Bio Technology and Toxicology as a University/College or other institution partly engaged in research for specified years. The approved organization must maintain separate accounts for research activities, submit audited Income and Expenditure accounts by the due date or within 90 days of notification, and include an auditor's certificate specifying amounts received eligible for donor deduction and certifying that expenditure was for scientific research.