Approved institution status under section 35(1)(ii) confers tax recognition subject to separate research accounts and annual reporting requirements. Forbes Research Centre, New Delhi, was approved as a Scientific Research Association for other natural or applied sciences (excluding agriculture, animal husbandry, fisheries and medicines) subject to maintaining a separate account for receipts for scientific research and to filing an annual return of research activities to the prescribed authority in prescribed form by 30th April each year; the approval was granted for a fixed three year period beginning in November 1980.