Research programme approval under section 35(2A) conditions tax benefits on separate accounts and annual audited returns. Approval is granted for a ten-year scientific research programme on ischaemic heart disease sponsored by the All India Heart Foundation, New Delhi, under sub-section (2A) of section 35 of the Income-tax Act, with a specified budget and donor schedule. The approval is subject to conditions requiring the Foundation to maintain separate project accounts, furnish annual project returns to the Council by the prescribed annual deadline, and submit the annual audited statement of account to the Council by 31st May each year, also furnishing a copy to the concerned Income-tax Commissioner.