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<h1>Research Program on Receptor Drug Synthesis Approved Under Section 35(2A) of Income-tax Act, 1961</h1> A scientific research program focused on developing new and innovative methods for synthesizing receptor drugs has been approved under sub-section (2A) of section 35 of the Income-tax Act, 1961. Sponsored by The Chemical, Industrial & Pharmaceutical Laboratories Ltd., Bombay, and implemented by the National Chemical Laboratory, Pune, the project commenced on October 1, 1983, and is scheduled for completion in September 1986, with an estimated budget of Rs. 6.40 lakhs. The National Chemical Laboratory is recognized under section 10(2)(xiii) of the Income-tax Act, 1922. This notification remains valid until February 29, 1984.