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F. No PCCIT(E)/Notification u/s 35(1)(iia)/02/2025/2373

Government of India

Ministry of Finance

Central Board of Direct Taxes

Pr. Chief Commissioner of Income Tax( Exemptions)

NOTIFICATION No.02/2025
Dated: 15/17Oct. 202

Order under clause (iia) of sub-section I j of section 35 of the Income Tax Act 1961 read

with Rule 5F of the Income Tax Rules 1962

In exercise of the powers conferred by section 35(1)(iia) of the Income Tax Act, 1961, read with Rule 5F of the Income Tax Rules 1962, the Pr. Chief Commissioner of Income Tax (Exemptions), Delhi hereby accords approval to the company M/s Mazumdar Shaw Medical Foundation, (PAN: AAICM6964A), having registered office at No 258/A, 8th Floor, A Block, Mazumdar Shaw Medical Centre, NH Health City, Banglore South, Bommasandra Industral Estate S.O. Banglore, Karnataka, India 560099 for 'Scientific Research' for the purpose of the clause (iia) of sub-section (1) of section 35 of the Income-tax Act, 1961 read with Rule 5F of the Income Tax Rules 1962.

2. This Notification shall be applicable for five Assessment years (AY) from AY 2025-26 to AY 2029-30.

 

( Debjyoti Das )
Principal Chief Commissioner of Income Tax (Exemptions),
New
Delhi

Explanatory Memorandum: It is certified that no person is being adversely affected by granting retrospective effect to this notification.

Copy to:-

1. PPS to the Chairman and Members, CBDT, North Block, New Delhi

2. All Pr. Chief Commissioners/Director Generals of Income Tax - with a request to circulate amongst all Officers in their regions/charges.

3. JS(TPL)-I&II/Media Co-ordinator and Official Spokesperson of CBDT.

4. DIT(IT)/DIT(Audit)/DIT(Vig.)/ADG(System)1,2,3,4,5/CIT(ITBA),CIT(CPC), Bengaluru, CIT(CPC-TDS), Ghaziabad.

5. ADG (PR.PP&OL) with a request for advertisement campaign for the Notification.

6. TPL and ITA Divisions of CBDT.

7. The Institute of Chartered Accountants of India, IP Estate, New Delhi.

8. Web Manager, "incometaxindia.govin" for hosting on the website.

9. Database cell for uploading on www.irsofficersonline.00v.in and the DG System,s Corner.

10. ITBA Publisher for uploading on 1TBA Website.

Income Tax Officer (Hqrs.) (E)-1

O/o the Pr, CC1T(Exemptions), New Delhi.