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of <h1>Astra Zeneca Research Foundation Gains Tax Benefits Approval Under Section 35(1)(ii) for 2003-2006 with Conditions</h1> Astra Zeneca Research Foundation India, Bangalore has been approved by the Central Government for tax benefits under section 35(1)(ii) of the Income-tax Act, 1961, for the period from April 1, 2003, to March 31, 2006. The approval is contingent upon the organization utilizing funds for scientific research, conducting research through faculty or students, maintaining separate audited accounts, and providing certified statements of donations and expenditures for research. The approval may be withdrawn if the organization fails to meet these conditions or if its research activities are deemed non-genuine or non-compliant with the specified provisions.
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