The Central Government has approved the International Institute of Bio Technology and Toxicology, Tamil Nadu, for Scientific Research under the category of ‘Research Association’ for the purposes specified under the Income-tax Act, 2025.
The Ministry of Finance, Department of Revenue, Central Board of Direct Taxes (CBDT), has issued Notification No. 115 of 2026-CBDT dated 21 August 2026 [S.O. 4628(E)] in this regard.
The approval has been granted in pursuance of Section 45(4)(b) of the Income-tax Act, 2025 to the International Institute of Bio Technology and Toxicology, Tamil Nadu, bearing PAN: AAATF0061E, for Scientific Research under the category of Research Association.
The approval is for the purposes of Section 45(3)(a)(i) of the Income-tax Act, 2025, read with Rules 32 and 33 of the Income-tax Rules, 2026.
As per the notification, the approval shall be applicable to the International Institute of Bio Technology and Toxicology for the tax years 2026-27 to 2030-31, subject to compliance with the prescribed conditions.
The Institute is required to comply with the conditions specified under Rule 33 of the Income-tax Rules, 2026.
It shall also prepare a statement under Section 45(4)(a) of the Income-tax Act, 2025 for each tax year in Form No. 15 and deliver, or cause it to be delivered, to the Director General of Income-tax (Systems) or the person authorised by him. The statement is required to be furnished on or before 31 May immediately following the tax year in which the donation is received, in accordance with Rule 31 of the Income-tax Rules, 2026.
Further, the Institute shall furnish to the donor a certificate in Form No. 16, specifying the amount of donation, in accordance with Rule 31 of the Income-tax Rules, 2026.
The Notification can be accessed at: https://www.incometaxindia.gov.in/documents/d/guest/en_notification_115-pdf
