Research expenditure exemption approved for university, subject to separate accounts and annual returns by April deadline. The G. B. Pant University of Agriculture & Technology, Pant Nagar, is approved for exemption under section 35(1)(ii) for other natural or applied sciences, subject to maintaining a separate account for sums received for such scientific research (excluding agriculture, animal husbandry, fisheries and medicines) and to filing an annual return of scientific research activities to the prescribed authority in prescribed forms by 30th April each year.