CBDT Approves Jai Research Foundation for Scientific Research under Section 45

Last updated: 07 October 2026

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The Central Board of Direct Taxes (CBDT) has approved the Jai Research Foundation in Valsad, Gujarat, for scientific research activities. This approval, granted under Section 45 of the Income-tax Act, designates the foundation as a Research Association. The approval is valid for the tax years 2026-2027 through 2030-2031, subject to specific compliance requirements.

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 29th September, 2026
No. 132 of 2026-CBDT

S.O. 5353(E).— In pursuance of the section 45(4)(b) of the Income-tax Act, 2025, the Central Government hereby approves the Jai Research Foundation, Valsad, Gujarat (PAN: AAATJ1806H) for Scientific Research under the category of Research Association, for the purposes of section 45(3)(a)(i) of the said Act of 2025 and rules 32 and 33 of the Income-tax Rules, 2026.

2. This notification shall be applicable to the Jai Research Foundation, Valsad, Gujarat for the tax years 2026-2027 to 2030-2031, subject to the conditions that it shall––
(i) comply with the conditions specified in rule 33 of the Income-tax Rules, 2026;
(ii) prepare statement under section 45(4)(a) of the Income-tax Act, 2025 for each tax year in Form No.15 and deliver or cause to be delivered to the Director General of Income-tax (Systems) or the person authorised by him on or before the 31st May, immediately following the tax year in which the donation is received, in accordance with rule 31 of the Income-tax Rules, 2026:

(iii) furnish to the donor, a certificate in Form No.16 specifying the amount of donation in accordance with rule 31 of the Income-tax Rules, 2026.

[F. No. 203/25/2025/ITA-II]
INDU BALA,

FAQ :

The Jai Research Foundation has been approved by the CBDT for Scientific Research under the category of Research Association.

The approval is granted in pursuance of section 45(4)(b) and for the purposes of section 45(3)(a)(i) of the Income-tax Act, 2025.

This notification is applicable to the Jai Research Foundation for the tax years 2026-2027 to 2030-2031.

The foundation must comply with rule 33 of the Income-tax Rules, 2026, prepare a statement in Form No.15 for each tax year, and furnish a certificate in Form No.16 to the donor.

The statement in Form No.15 must be delivered on or before the 31st May, immediately following the tax year in which the donation is received.