Notification no. 15/2025 dated 10.02.2025- Income tax

Notification no. 15/2025 dated 10.02.2025- Income tax

Central Board of Direct Taxes (CBDT) issued notification no. 15/2025 dated 10.02.2025 whereby the Central Government approves ‘Bhaikaka University’ Anand, Gujarat (PAN: AAGAB9280N) for ‘Scientific Research’ under the category of ‘University, college or other institution’ for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 read with rules 5C and 5E of the Income-tax Rules, 1962.

This Notification shall apply with effect from the date of publication in the Official Gazette (i.e. from the
Previous Year 2024-25) and accordingly shall be applicable for Assessment Years 2025-26 to 2029-30

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