CBDT Approves IIT Roorkee for Scientific Research Tax Benefits for 5 Years Under Income Tax Act 2025:

The Central Board of Direct Taxes (CBDT) under the Ministry of Finance (Department of Revenue) has permitted the Indian Institute of Technology (IIT), Roorkee, having PAN: AAAU0033R, for Scientific Research under the category of university, college or other institution, for the purposes of Section 45(3)(a)(i) of the said Act of 2025 and Rules 32 and 34 of the Income-tax Rules, 2026.

The government has taken the aforementioned action in pursuance of its powers granted under Section 45(4)(b) of the Income-tax Act, 2025, and officially announced vide Notification No. 119 of 2026, dated September 14, 2026. The aforesaid directions will apply to the institute for the tax years 2026-2027 to 2030-2031 if it fulfils the following conditions:

• The institute must fulfil all the conditions specified under rule 34 of the Income-tax Rules, 2026;

• The institute must furnish a statement under section 45(4)(a) of the Income-tax Act, 2025, for each tax year in Form No. 15 and send the same to the Director General of Income Tax (Systems) or the person authorised by him on or before May 31, immediately after the end of the tax year in which the donation is received, in accordance with rule 31 of the Income-tax Rules, 2026.

  

• Additionally, IIT Roorkee must submit a certificate to the donor in Form No. 16, mentioning the donation amount in reference to Rule 31 of the Income-tax Rules, 2026.