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<h1>Indian Council of Medical Research Withdraws Tax Exemption for Madras Medical Education Foundation Effective April 1, 1976.</h1> The Medical Education Foundation in Madras was approved by the Indian Council of Medical Research for exemption under section 35(1)(ii) of the Income-tax Act, 1961, as per Notification No. S.O.1083 dated February 15, 1972. This approval, which allowed certain tax exemptions, was later withdrawn effective April 1, 1976, as per Notification No. S.O.1624 dated February 17, 1976.