Notification No. 11/2025-Income Tax| Dated: 27th January, 2025 under section 35(1)(ii) of Income Tax Act, 1961 in case of Shri Chaitanya Health and Care Trust for its unit Bhaktivedanta Hospital and Research Institute, Thane, Maharashtra
The Central Board of Direct Taxes (CBDT) has approved Shri Chaitanya Health and Care Trust’s unit, Bhaktivedanta Hospital & Research Institute, Thane, Maharashtra, for scientific research under the category of “University, college or other institution” as per Section 35(1)(ii) of the Income-Tax Act, 1961, read with Rules 5C and 5E of the Income-Tax Rules, 1962. This approval is effective from the date of publication in the Official Gazette and applies for the assessment years 2025-26 to 2029-30.
The notification ensures that contributions made to this institution for scientific research purposes will qualify for tax deductions under the stipulated provisions. The government has clarified through the explanatory memorandum that the notification’s retrospective application does not adversely impact any individual. This step emphasizes the support for institutions conducting scientific research in healthcare.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
Notification No. 11/2025-Income Tax| Dated: 27th January, 2025
S.O. 471(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) read with Rules 5C and 5E of the Income-tax Rules, 1962, the Central Government hereby approves ‘Shri Chaitanya Health and Care Trust’ (PAN:AABTS6166N) for its unit ‘Bhaktivedanta Hospital & Research Institute’, Thane, Maharashtra, 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 apply with effect from the date of publication in the Official Gazette (i.e. from the Previous Year 2024-25) and accordingly shall be applicable for Assessment Years 2025-26 to 2029-30.
[Notification No. 11/2025 F. No. 203/24/2024/ITA-II]
CASTRO JAYAPRAKASH T., Under Secy.
Explanatory Memorandum: It is certified that no person is being adversely affected by granting retrospective effect to this notification.
