Notification No. 18/2026 dated 27 February 2026, issued by the Central Board of Direct Taxes under the Ministry of Finance, approves Sri Ramachandra Institute of Higher Education and Research Trust, Chennai, for “Scientific Research” under section 35(1)(ii) of the Income-tax Act, 1961 read with Rules 5C and 5E of the Income-tax Rules, 1962. The approval, granted under the category of “University, college or other institution,” is valid for Assessment Years 2026-27 to 2030-31. The notification mandates compliance with Rule 5E and requires the institution to furnish an annual statement of donations in Form 10BD under section 35(1A) on or before 31 May following the financial year in which donations are received, in accordance with Rule 18AB. It also permits filing of correction statements for rectification or updating of information. Further, the institution must issue a certificate in Form 10BE to donors specifying the amount of donation within the prescribed time. The notification bears a valid Document Identification Number (DIN) issued by the Income Tax Department.
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
Notification No. 18/2026 – Income Tax | Dated: 27th February, 2026
S.O. 1076(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 Sri Ramachandra Institute of Higher Education and Research Trust, Chennai (PAN: AAMTS4531L), 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. Sri Ramachandra Institute of Higher Education and Research (SRIHER), Chennai shall comply with the conditions specified in Rule 5E of the Income-tax Rules, 1962.
ii. Sri Ramachandra Institute of Higher Education and Research (SRIHER), Chennai 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) Sri Ramachandra Institute of Higher Education and Research (SRIHER), Chennai 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. 18/2026/F. No. 203/05/2025/ITA-II]
INDU BALA, Dy. Secy.
This notification is issued with Document Identification No. (DIN) ITBA/ADF/F/ADF_23/2025- 26/1086644221(1) of Income Tax Department.
