Income Tax:The Central Government has approved Rajalakshmi University Trust, Chennai, as an eligible institution for “Scientific Research” under Section 35(1)(ii) of the Income-tax Act, 1961, for assessment years 2026-27 to 2030-31.(02.02.2026)

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Income Tax:

The Central Government has approved Rajalakshmi University Trust, Chennai, as an eligible institution for “Scientific Research” under Section 35(1)(ii) of the Income-tax Act, 1961, for assessment years 2026-27 to 2030-31.

Key Conditions:

  • Form 10BD: The Trust must file an annual statement of donations received for each financial year by May 31st.
  • Form 10BE: Donor certificates must be furnished specifying the donation amount and other prescribed particulars.
  • Compliance: Strict adherence to regulatory conditions under Rule 5E is mandatory to maintain tax-deduction eligibility for donors.

[Notification No. 16/2026 [F.No. 203/04/2025/ITA-II] Dated 30.01.2026]