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Government of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Direct Taxes) NOTIFICATION [No. 119 of 2026-CBDT] New Delhi, the 14th September, 2026. S.O .......... (E).- In pursuance of the section 45(4)(b) of the Income-tax Act, 2025 , the Central Government hereby approves the Indian Institute of Technology, Roorkee (PAN:AAAU0033R) for Scientific Research under the category of University, college or other institution, for the purposes of section 45(3)(a)(i) of the said Act o
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FAQ :
The Indian Institute of Technology, Roorkee (IIT Roorkee) has been approved for scientific research.
IIT Roorkee has been approved under the Income-tax Act, 2025.
The approval is valid for the tax years 2026-2027 to 2030-2031.
IIT Roorkee must comply with Rule 34 of the Income-tax Rules, 2026, prepare an annual statement in Form No.15, and furnish a certificate in Form No.16 to donors.
The annual statement must be delivered by the 31st May immediately following the tax year in which the donation is received.
IIT Roorkee must furnish a certificate in Form No.16 to the donor, specifying the amount of donation.
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Source : https://www.incometaxindia.gov.in/documents/d/guest/notification-no-119-2026-pdf