The Central Board of Direct Taxes (CBDT) has approved recognition for public health research for tax benefits from 2026-27 to 2030-31.
CBDT Grants Five-Year Scientific Research Recognition
The Central Board of Direct Taxes (CBDT) has conferred recognition upon a scientific research institution under the provisions of the Income-tax Act, 2025, allowing for tax benefits over the period 2026-27 to 2030-31.
The notification clarifies compliance requirements including the need to file Form 15 and issue Form 16 to donors, elucidating the responsibilities of recognized institutions.
It is essential for institutions and their legal advisors to understand the implications of this recognition, ensuring adherence to compliance stipulations and maximizing tax benefits.
Citations
- Income Tax Act (2025)
Source:Income Tax Act
Practice Areas:tax
