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<h1>Krea University Gains Central Government Approval for Research u/s 35(1)(iii) of Income-tax Act, 1961.</h1> Krea University in Sricity, Chittoor, Andhra Pradesh, has been approved by the Central Government for research in social science or statistical research under section 35(1)(iii) of the Income-tax Act, 1961. This approval, effective from the date of publication in the Official Gazette, applies for the assessment years 2023-2024 to 2027-2028. The notification ensures that no individual is adversely affected by its retrospective application.