Notification No. 23/2026-Income Tax dated 20 March 2026 grants approval to The Ahmedabad University, Gujarat, under Section 35(1)(ii) of the Income-tax Act, 1961 for carrying out scientific research as a recognized university or institution. This approval enables donors to claim weighted tax deductions for contributions made to the institution, subject to compliance with prescribed rules. The approval is valid for Assessment Years 2026–27 to 2030–31 and is conditional upon adherence to Rule 5E of the Income-tax Rules, 1962. The university must file an annual statement of donations in Form 10BD by 31 May following the relevant financial year and may submit correction statements if required. Additionally, it must issue certificates to donors in Form 10BE specifying donation details within prescribed timelines. The notification ensures regulatory compliance, transparency in reporting donations, and facilitates tax benefits for contributors supporting scientific research activities.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
Notification No. 23/2026-Income Tax | Dated: 20th March, 2026
S.O. 1490(E).— 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) (the Act) read with Rules 5C and 5E of the Income-tax Rules, 1962 (the Rules), the Central Government hereby approves ‘The Ahmedabad University’ (PAN: AAAJT2294D), Ahmedabad, Gujarat 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.
2. This Notification shall be applicable for Assessment years 2026-27 to 2030-31 subject to the following conditions:
(i) ‘The Ahmedabad University’ Ahmedabad, Gujarat shall comply with the conditions specified in Rule 5E of the Income-tax Rules, 1962.
(ii) ‘The Ahmedabad University’ Ahmedabad, Gujarat shall prepare statement under sub-section (1A) of section 35 of the Act for each financial year as prescribed in Form No.10BD and deliver or cause to be delivered to the said prescribed income-tax authority or the person authorised by such authority such statement in such form, verified in such manner, setting forth such particulars on or before the 31st May, immediately following the financial year in which the donation is received, as prescribed in Rule 18AB of the Income-tax Rules,1962.
Provided that such university, college or other institution may also deliver to the prescribed authority a correction statement for rectification of any mistake or to add, delete or update the information furnished in the statement delivered under sub-section (1A) of section 35 of the Act;
(iii) ‘The Ahmedabad University’ Ahmedabad, Gujarat shall furnish to the donor, a certificate in Form No.10BE specifying the amount of donation in such manner, containing such particulars and within such time from the date of receipt of sum, as prescribed in Rule 18AB of the Income-tax Rules, 1962.
[Notification No. 23/2026/F. No. 203/08/2025/ITA-II]
INDU BALA, Dy. Secy.
This notification is issued with Document Identification No. (DIN) ITBA/ADF/M/ADF 23/202526/1087652118(1) of Income Tax Department.
