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of <h1>Herbicure Healthcare's Approval for Scientific Research Withdrawn u/s 35(1)(ii) of Income-tax Act, Effective April 2007.</h1> Herbicure Healthcare Bio-Herbal Research Foundation in Kolkata was approved by the Central Government under Section 35(1)(ii) of the Income-tax Act, 1961, effective from April 1, 2007, for scientific research purposes. The organization must use funds for research, conduct research through faculty or students, maintain separate audited accounts, and submit audit reports and statements of donations. The approval can be withdrawn if the organization fails to maintain accounts, submit reports, or if its research activities are deemed non-genuine or non-compliant with the specified provisions. Approval was rescinded as of April 1, 2007, per Notification 79/2016.
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