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<h1>Approval under section 35 research-exemption requires separate research accounts and annual audited submissions to authorities.</h1> Approval for the organisation as an Institution under the statutory research-exemption regime is conditional on maintaining separate research accounts, furnishing an annual return of scientific research activities to the Department of Scientific & Industrial Research by the annual deadline, submitting audited annual accounts and an audited income-and-expenditure account for the research activities to the tax exemption office, the Department of Scientific & Industrial Research and the jurisdictional tax commissioner/director by the annual deadline, and filing the tax return with the assessing officer; renewal applications should be made in triplicate through the tax exemption office and copies sent to the Department.