Approval under section 35(1)(ii) grants research association status; requires separate accounts and annual audited returns. Approval under section 35(1)(ii) grants Kanoria Seva Kendra, Calcutta status as a scientific research association in medical research, subject to maintaining a separate account for research receipts, furnishing annual scientific returns to the Council by 31 May each year in the prescribed form, and submitting the annual audited statement of accounts to the Council by 31 May and also to the concerned Income-tax Commissioner. The approval is effective from 27 January 1981 to 26 January 1983.