Approval as scientific research association subject to separate research accounts, annual returns and audited statements within prescribed timelines. Approval as a scientific research association is granted to the Indian Association for the Advancement of Medical Education, New Delhi, subject to maintaining a separate account for research funds, furnishing annual returns of scientific research activities in prescribed form by 31 May each year, and submitting an annual audited statement of accounts to the prescribed authority and a copy to the Income tax Commissioner by the same date; the approval is effective for a three year period from 25 2 1980 to 24 2 1983.