CBDT Approves Shri Sharada Institute of Management Research Foundation Trust for purpose of sec 35

CBDT Approves Shri Sharada Institute of Management Research Foundation Trust for purpose of sec 35 The Central Board of Direct Taxes (CBDT) Vide Notification No. 33 /2022/F. No. 203/06/2021/ITA-II dated 19th April, 2022 approves Shri Sharada Institute of Management Research Foundation Trust for the purposes of section 35. Text of the notification is Given Below: 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. To Read Notification Download PDF Given Below: