Approval under section 35 research exemption: organization approved subject to audit, donation statements and genuine research requirements. Approval is granted to the Indian Council for Research on International Economic Relations, New Delhi, under clause (iii) of sub section (1) of section 35 read with rules 5C and 5E, effective from 1 4 2005, as an institution partly engaged in research. Conditions require use of sums for social science research, research through faculty or enrolled students, maintenance of books, audit by a qualified accountant with submission of the audit report to the tax authority by the return due date, and an auditor certified statement of donations and amounts applied to research to accompany the audit report. The Central Government may withdraw approval for specified failures or non compliance.