Scientific Research Association approval enables tax recognition for medical research subject to accountkeeping and annual reporting requirements. Approval is granted to Pune Hospital and Research Centre as a Scientific Research Association in medical research for income-tax research provisions, subject to conditions: maintain a separate account for research funds; furnish annual returns of research activities to the Council by 31 May in prescribed form; and furnish annually audited accounts to the Council by 31 May and send a copy to the concerned Income-tax Commissioner. The approval is effective for a three-year period from the stated effective date.