Approval under section 35(1)(ii) requires separate research accounts, annual DSIR returns and audited research accounts by October. M/s. M.S. Swaminathan Research Foundation is approved as a research association for 1 April 2001-31 March 2004 subject to maintaining separate research accounts, furnishing an annual scientific research return to the Secretary, Department of Scientific & Industrial Research by 31 May, and submitting audited annual accounts and audited income & expenditure accounts for the research activities to the Director General of Income-tax (Exemptions), the Secretary, DSIR, and the Commissioner/Director of Income-tax (Exemptions) by 31 October annually, alongside filing the return of income; renewal applications must be submitted in triplicate.