Approval granted to the University of Hyderabad for scientific research tax benefits for 2026-27 to 2030-31.
CBDT Approves University of Hyderabad for Tax Benefits
In a significant development, the Central Board of Direct Taxes (CBDT) has approved the University of Hyderabad for scientific research tax benefits under Section 45 of the Income-tax Act, 2025. This approval is effective for the tax years from 2026-27 to 2030-31.
The recognition comes with stipulated compliance and reporting conditions that the university must adhere to in order to maintain its status and benefits.
It is vital for the university's management and tax professionals to stay informed about compliance requirements to leverage this approval appropriately, optimizing potential research funding.
Citations
- Income Tax Act (2025)
Practice Areas:tax
