Approval under section 35(1)(ii): institution designated for scientific research status subject to accounting and annual reporting requirements. Approval of Ramnarain Ruia College as an approved institution under section 35(1)(ii) of the Income-tax Act for scientific research in other natural or applied sciences (excluding Agriculture, Animal Husbandry, Fisheries and Medicines), subject to maintaining a separate account for research receipts and furnishing an annual return of scientific research activities to the prescribed authority by 30th April each year; approval effective from 1 September 1977 to 31 August 1980.