The CBDT, Office of the Principal Chief Commissioner of Income Tax (Exemptions), New Delhi, has issued Notification No. 04/2025 (F. No. PCCIT (E) / Notification u/s 35(1)(iia) / 04 /2025/ 2629) dated November 11, 2025, granting approval under 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.
As per the notification, M/s Hari Shankar Sighania Elastomer & Tyre Research Institute, located at 437, Hebbal Industrial Area, Mysore, Hebbal Layout S.O., Mysuru, Karnataka – 570016 (PAN: AAACH8887G), has been accorded approval for undertaking Scientific Research activities qualifying under Section 35(1)(iia) of the Income Tax Act.
The approval is applicable for five Assessment Years (AYs), beginning AY 2022-23 and extending up to AY 2026-27.
The explanatory memorandum clarifies that no person is adversely affected by granting this retrospective approval.
The Notification can be accessed at: https://incometaxindia.gov.in/news/notification-no-04-2025.pdf
