Research institution approval under section 35: compliance requires separate accounts, annual return and audited submissions annually. Approval of M/s The Childs Trust Medical Research Foundiation as an Institution under clause (ii) of sub section (1) of section 35 is granted for 1.4.2000 to 31.3.2003 subject to maintaining separate books for research, furnishing the annual return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31 May annually, and submitting audited annual accounts and audited income & expenditure account for research activities to the Director General of Income tax (Exemptions), the Secretary, DSIR, and the local Commissioner/Director of Income tax (Exemptions) by 31 October each year, alongside the income tax return; renewal applications must be filed in triplicate through the tax exemption authority and directly to the DSIR.