Quick Summary
In a significant development, the Ministry of Finance (Department of Revenue), through the Central Board of Direct Taxes (CBDT), has issued Notification No. 11/2025 dated January 27, 2025, approving Shri Chaitanya Health and Care Trust's unit, Bhaktivedanta Hospital Research Institute in Thane, Mah
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FAQ :
Shri Chaitanya Health and Care Trust, specifically its unit Bhaktivedanta Hospital & Research Institute in Thane, Maharashtra, has been approved.
The approval was granted under clause (ii) of sub-section (1) of Section 35 of the Income-tax Act, 1961.
It falls under the category of 'University, college, or other institution'.
The notification is effective from the previous year 2024-25, meaning it applies retrospectively.
This notification is applicable for Assessment Years 2025-26 to 2029-30.
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