The Principal Chief Commissioner of Income Tax (Exemptions), Delhi, has issued Notification No. 07/2026-Income Tax dated 06 August 2026 under section 45(3)(b) of the Income-tax Act, 2025 read with Rule 35 of the Income-tax Rules, 2026, granting approval to M/s Center for Incubation Innovation Research and Consultancy (PAN: AAGCC6539D), Bengaluru, for “Scientific Research” for the purposes of section 45(3)(b) of the Income-tax Act, 2025 read with Rule 35 of the Income-tax Rules, 2026. The notification specifies that the approval shall be applicable for five Tax Years, from Tax Year 2026-27 to Tax Year 2030-31. The accompanying Explanatory Memorandum certifies that no person is being adversely affected by granting retrospective effect to the notification. The notification also includes directions for circulation among income-tax authorities and other specified recipients and for uploading on the relevant official websites.
F.No. PCCIT(E)/Notification u/s 45(3)(b)/07/2026/1028
Government of India
Ministry of Finance
Central Board of Direct Taxes
Pr. Chief Commissioner of Income Tax (Exemptions)
Notification No. 07/2026-Income Tax | Dated: 06 August, 2026
Order under section 45(31(b) of the Income Tax Act, 2025 read with Rule 35 of the Income Tax Rules, 2026
In exercise of the powers conferred by section 45(3)(b) of the Income-tax Act, 2025 read with Rule 35 of the Income-tax Rules, 2026, the Pr. Chief Commissioner of Income Tax (Exemptions), Delhi hereby accords approval to the company M/s Center for Incubation Innovation Research and Consultancy (PAN: AAGCC6539D), Sy. No. 34, Building Jyothy Institute of Technology, Thathaguni, Thalaghattapura S.0, Bengaluru-560109, for ‘Scientific Research’ for the purpose of the section 45(3)(b) of the Income-tax Act, 2025 read with rule 35 of the Income-tax Rules. 2026.
2. This Notification shall he applicable for five Tax Years from Tax Year 2026-27 to 2030-31.
(Pallavi Agabiral)
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)-I&I I/Media Co-ordinator and Official Spokesperson of CBDT.
4. DIT(IT)/DIT(Audit)/DIT(Vig.)/ADG(System)1,2,3,4,5/CIT(ITBA), C1T(CPC), Bengaluru, CIT(CPC-TDS),
5. ADG (PR.PP&OL) with a request for advertisement campaign for the Notification.
6. Commissioner of Income Tax (Exemptions), Bengaluru
7. TPL and ITA Divisions of
8. The Institute of Chartered Accountants of India, IP Estate, New Delhi.
9. Web Manager, –gov.in” for hosting on the website.
10. Database cell for uploading on irsofficersonline.gov.in and the DCI Systems Corner. I I . ITBA Publisher for uploading on ITBA Website.
Income Tax Officer (Hqrs.) (E)- I
0/o the Pr. CCIT(Exemptions), New Delhi.
