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    <description>The University of Pennsylvania Institute for the Advanced Study of India is approved as an Institution under section 35(1)(iii) read with rule 6, subject to conditions: maintenance of separate books for research activities; annual return of scientific research activities to the Secretary, Department of Scientific &amp; Industrial Research by 31 May; and annual submission by 31 October of audited annual accounts and audited Income &amp; Expenditure Account for research activities to the Director General of Income-tax (Exemptions), the Secretary, Department of Scientific &amp; Industrial Research, and the local Commissioner/Director of Income-tax (Exemptions), besides filing the return of income to the designated Assessing Officer.</description>
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