Income Tax 16 September 2026
CBDT Designates IIT Roorkee as Research Institution Under Sec 45
The Central Board of Direct Taxes (CBDT) has officially notified IIT Roorkee as a Scientific Research Institution under Section 45 of the Income‑Tax Act. This designation grants the institute tax exemptions on certain incomes and allows it to claim deductions for research expenditures. IIT Roorkee must now file an annual statement in Form No ... as prescribed by the Income‑tax Rules, 2026, confirming its compliance and qualifying activities. The move is expected to boost funding avenues and reinforce the institute's research capabilities across engineering and technology domains.
CBDT officially lists IIT Roorkee as a Scientific Research Institution
- Designated under Section 45 of the Income‑Tax Act, giving the institute tax‑exempt status on eligible income.
- Required to submit an annual statement in Form No ... as per the Income‑tax Rules, 2026.
- The classification is aimed at encouraging more research funding and supporting the institute’s extensive engineering projects.
For full details, see the CBDT notice on SAG Infotech.
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