{"id":748,"date":"2021-03-10T07:04:42","date_gmt":"2021-03-10T07:04:42","guid":{"rendered":"https:\/\/rvkassociates.com\/blog\/?p=748"},"modified":"2021-03-10T08:10:20","modified_gmt":"2021-03-10T08:10:20","slug":"cbdt-issued-a-notification-on-section-35-of-income-tax-act-1961-deduction-allowable-towards-expenditure-on-scientific-research","status":"publish","type":"post","link":"https:\/\/rvks.in\/blogs\/cbdt-issued-a-notification-on-section-35-of-income-tax-act-1961-deduction-allowable-towards-expenditure-on-scientific-research\/","title":{"rendered":"M\/s Bennett University, Greater Noida, Uttar Pradesh is now under the category of &#8216;University, College or other institution under Section 35 of Income-tax Act, 1961 &#8211; CBDT notification"},"content":{"rendered":"\n<p class=\"has-text-align-right\">New Delhi, the 9th of March, 2021<\/p>\n\n\n\n<ol class=\"is-style-none wp-block-list\"><li>1.  In exercise of the powers conferred by clauses (ii) and (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 <strong>M\/s Bennett University, Greater Noida, Uttar Pradesh (PAN: AAAJB13B8A)<\/strong> under the category of <strong>&#8216;University, College or other institution&#8217;<\/strong> for Scientific Research and Research in Social Science and Statistical Research for the purposes of clauses (ii) and (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. <\/li><\/ol>\n\n\n\n<ol start=\"2\" class=\"is-style-none wp-block-list\"><li>2. This Notification shall be deemed to have been applied for the assessment year 2020-2021 and shall apply with respect to the assessment years 2021-2022, 2022-2023, 2023-2024, 2024-2025.<\/li><\/ol>\n\n\n\n<p class=\"has-text-align-right\">(Ravinder Maini)<br>Director to the Government of India<\/p>\n\n\n\n<p><strong>Explanatory Memorandum: &#8211; It is certified that no person is being adversely affected by giving retrospective effect to this notification.<\/strong><\/p>\n\n\n\n<ol class=\"is-style-none wp-block-list\"><li>To<ol><li>The Manager,<br>Govt. of India Press,<br>Mayapuri, New Delhi<\/li><\/ol><\/li><\/ol>\n\n\n\n<p><span style=\"text-decoration: underline;\">Copy forwarded to:<\/span><\/p>\n\n\n\n<ol class=\"is-style-none wp-block-list\"><li>1. The applicant organization, M\/s Bennett University, Greater Noida, Uttar Pradesh<\/li><li>2.  CCIT (E), New Delhi<\/li><li>3. CIT (E), Lucknow<\/li><li>4.  Web Manager, for placing on the website incometaxindia.gov.in<\/li><li>5.  ITCC, CBDT (4 copies)<\/li><li>6.  Concerned file<\/li><li>7.  Guard file<\/li><\/ol>\n\n\n\n<p><strong>For full detail click below :<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.dropbox.com\/s\/3nfpcpn7dker3iz\/notification_12_2021-incometax.pdf?dl=0\">https:\/\/www.dropbox.com\/s\/3nfpcpn7dker3iz\/notification_12_2021-incometax.pdf?dl=0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi, the 9th of March, 2021 1. In exercise of the powers conferred by clauses (ii) and (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 M\/s Bennett University, Greater Noida, Uttar [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":53,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,11],"tags":[19],"class_list":["post-748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-income-tax","category-notifications","tag-incometax"],"_links":{"self":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/comments?post=748"}],"version-history":[{"count":2,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/748\/revisions"}],"predecessor-version":[{"id":751,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/748\/revisions\/751"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media\/53"}],"wp:attachment":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media?parent=748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/categories?post=748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/tags?post=748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}