Approval of Shri Sharada Institute of Management Research Foudnation Trust for the purposes of section 35 of the Income tax Act, 1961

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 19th April, 2022
S.O. 1875(E).—In exercise of the powers conferred by clause (iii) 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 ‘Sri Sharada Institute of Indian Management Research Foundation
Trust, New Delhi, (PAN: AAJTS0088H)’ as ‘other Institution’ under the category of ‘University, College
or other institution’ for research in social science or statistical research for the purposes of clause (iii) 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 2022-23) and accordingly shall be applicable for Assessment Years 2023-2024 to
2027-2028.
[Notification No. 33 /2022/F. No. 203/06/2021/ITA-II]
RAVINDER MAINI, Director
Explanatory Memorandum : It is certified that no person is being adversely affected by granting
retrospective effect to this notification.

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