F.No. PCCIT(E)/Notification u/s 35(1)(iia)/01/2025/1912

Government of India
Ministry of Finance
Central Board of Direct Taxes
Pr, Chief Commissioner of Income Tax (Exemptions)

NOTIFICATION No. 01/2025
Dated: 27th Aug. 2025

Order 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

In exercise of the powers conferred by section 35(1)(iia) of the Income Tax Act, 1961, read with Rule 5F of the Income Tax Rules 1962, the Pr. Chief Commissioner of Income Tax (Exemptions), Delhi hereby accords approval to the company M/s IIT Madras Research Park (AABCI5225P), HP Lab Department of Elec. Engg., Taramani, TTTI Taramani S.O. Chennai,Tamil Nadu-600113 for 'Scientific Research' for the purpose of the clause (iia) of sub-section (1) of section 35 of the Income-tax Act, 1961 read with rule 5Fof Income-tax Rules, 1962.

2. This Notification shall be applicable from 01.04.2025 to 31.03.2030 i.e. for five Assessment years (AY) from 2026-27 to AY 2030-31.

(Rajeshwar Yadav)
Principal Chief Commissioner of Income Tax (Exemptions),
New Delhi

Explanatory Memorandum: It is certified that no person is being adversely affected by granting retrospective effect to this notification.

Copy to:-

  1. PPS to the Chairman and Members, CBDT, North Block, New Delhi
  2. All Pr. Chief Commissioners/Director Generals of Income Tax - with a request to circulate amongst all Officers in their regions/charges.
  3. JS(TPL)-1&II/Media Co-ordinator and Official Spokesperson of CBDT.
  4. DIT(IT)/DIT(Audit)/DIT(Vig.)/ADG(System)1,2,3,4,5/CIT(ITBA),CIT(CPC), Bengaluru, CIT(CPC-TDS), Ghaziabad.
  5. ADG (PR.PP&OL) with a request for advertisement campaign for the Notification.
  6. TPL and ITA Divisions of CBDT.
  7. The Institute of Chartered Accountants of India, IP Estate, New Delhi.
  8. Web Manager, "incometaxindia.gov.in" for hosting on the website.
  9. Database cell for uploading on www.irsofficersonline.00v.in and the DG System,s Corner.
  10. ITBA Publisher for uploading on ITBA Website.

 

(Satbir Singh)

Income Tax Officer (Hqrs.) (E)-1
O/o the Pr. CCIT(Exemptions), New Delhi.