The CBDT vide Notification No. 11/2025 dated January 27, 2025, approves ‘Shri Chaitanya Health and Care Trust’ (PAN: AABTS6166N) for its unit ‘Bhaktivedanta Hospital & Research Institute,’ Thane, Maharashtra, for scientific research under the category of ‘University, college or other institution’ as per section 35(1)(ii) of the Income-tax Act, 1961, and rules 5C and 5E of the Income-tax Rules, 1962. This approval is effective from the Previous Year 2024-25 and applies for Assessment Years 2025-26 to 2029-30.
“In exercise of the powers conferred by clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (43 of 1961) read with Rules 5C and 5E of the Income-tax Rules, 1962, the Central Government hereby approves ‘Shri Chaitanya Health and Care Trust’ (PAN:AABTS6166N) for its unit ‘Bhaktivedanta Hospital & Research Institute’, Thane, Maharashtra, 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.”
The Notification can be accessed at: https://a2ztaxcorp.net/wp-content/uploads/2025/01/CBDT-NOTIFICATION-27.01.2025.pdf
