Research institution approval requires separate research accounts, annual returns by April and audited accounts submitted by June. Approval is granted to the Institute of Road Transport, Madras, as an association for research in other natural and applied sciences (excluding agriculture, animal husbandry, fisheries and medicines) from 9 4 82 to 8 4 85, subject to maintaining separate accounts for research receipts, furnishing annual research activity returns to the prescribed authority by 30 April, and submitting audited annual accounts and balance sheet to the prescribed authority and the Commissioner by 30 June each year.