The CBDT vide Notification No. 33/2025 dated April 17, 2025, approves KIMS Foundation and Research Centre, Hyderabad, as an ‘Other Institution’ for scientific research under Income-tax Act, 1961. This approval is effective from the previous year 2025-26 and applies to assessment years 2026-27 to 2030-31.
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 ‘KIMS Foundation and Research Centre’ Hyderabad (PAN: AABTK7589F) as ‘Other Institution’ under the category of ‘University, College or Other Institution’ for ‘Scientific Research’ 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 2025-26) and accordingly shall be applicable for Assessment Years 2026-27 to 2030-31.
Explanatory Memorandum: It is certified that no person is being adversely affected by granting retrospective effect to this notification.
The Notification can be accessed at: https://a2ztaxcorp.net/wp-content/uploads/2025/04/CBDT-N.Notification-No.-33_2025.pdf
