**Executive Summary**
The Central Board of Direct Taxes has notified the approval of the Indian Institute of Technology (IIT), Bhilai, for "Scientific Research" under Section 35(1)(ii) of the Income-tax Act, 1961. This approval is effective for the assessment years 2026-27 to 2030-31. The institution must adhere to specific reporting conditions, including a mandatory annual deadline of May 31st for filing donation statements.
**Key Points / Main Content**
**Approval Details**
* **Entity:** Indian Institute of Technology (IIT), Bhilai (PAN: AABAI0415K).
* **Classification:** Approved under the category of ‘University, college or other institution’ for the purpose of ‘Scientific Research’.
* **Validity Period:** Applicable for Assessment Years 2026-27, 2027-28, 2028-29, 2029-30, and 2030-31.
**Regulatory Compliance and Reporting**
* **Rule 5E Compliance:** The institution must strictly comply with all conditions specified in Rule 5E of the Income-tax Rules, 1962.
* **Form No. 10BD:** IIT Bhilai is required to prepare and deliver a statement of donations for each financial year in Form No. 10BD.
* **Submission Deadline:** Statement filings must be completed on or before May 31st immediately following the financial year in which the donation was received.
* **Correction Statements:** The institution is permitted to submit correction statements to rectify errors or update information previously furnished in Form No. 10BD.
**Donor Certification**
* **Form No. 10BE:** The institution must furnish a certificate of donation to every donor.
* **Certificate Details:** The certificate must specify the donation amount and relevant particulars as prescribed under Rule 18AB of the Income-tax Rules, 1962.
**Impact Analysis**
**Indian Institute of Technology (IIT), Bhilai**
**Impact**
The institution is officially recognized as an approved entity for scientific research, allowing it to facilitate tax-deductible donations under the Income-tax Act.
**Action Required**
Must maintain records of all donations, file Form No. 10BD by the May 31st annual deadline, and issue Form No. 10BE certificates to donors within the prescribed timeframe.
**Donors (Individuals or Entities contributing to IIT Bhilai)**
**Impact**
Donors contribute to a recognized institution for scientific research, making their contributions eligible for tax considerations under Section 35 of the Income-tax Act.
**Action Required**
Donors must ensure they receive a verified certificate in Form No. 10BE from the institution to support their tax claims.
**Income Tax Authorities**
**Impact**
The authorities receive structured data regarding donations to monitor compliance and verify tax deduction claims.
**Action Required**
The prescribed authority must receive and process the annual statements (Form No. 10BD) and any subsequent correction statements submitted by the institution.
Key Entities Referenced
Indian Institute of Technology (IIT), Bhilai: The specific institution approved as a 'University, college or other institution' for conducting 'Scientific Research' to enable tax-deductible donations.
Income-tax Act, 1961: The primary legislation governing the approval and tax incentives for scientific research under Section 35.
Central Board of Direct Taxes (CBDT): The regulatory body under the Ministry of Finance that issued this notification to grant institutional approval.
Income-tax Rules, 1962: The statutory rules (specifically Rules 5C, 5E, and 18AB) outlining the compliance conditions and reporting requirements for approved entities.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-30032026-271427
CG-DxLx-xEG-I3D0H0x3x2x0 26-271427
xxxGIDExxx
असाधारण
EXTRAORDINARY
भाग II—खण् ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 1592] नई दिल्ली, सोमिार, माच ड30, 2026/चत्रै 9, 1948 13, 1947 26/पौर् 17, 1947
No. 1592] NEW DELHI, MONDAY, MARCH 30, 2026/CHAITRA 9, 1948 ss, 1947 /PAUSHA 17, 1947
जित्त मत्रं ालय
(रािस्ट्ि जिभाग)
(केन्द्रीय प्रत्यक्ष कर बोडड)
अजधसचू ना
नई दिल्ली, 30 माच,ड 2026
का.आ. 1657(अ).—- आयकर जनयमािाली, 1962 के जनयम 5ग और 5ङ के साथ पठित आयकर अजधजनयम,
1961 (1961 का 43) की धारा 35 की उप-धारा (1) के खडं (ii) द्वारा प्रित्त िजियों का प्रयोग करते हुए केन्द्र सरकार
‘भारतीय प्रौद्योजगकी सस्ट्ं थान’, (पनै : AABAI0415K), जभलाई को आयकर जनयमािली, 1962 के जनयम 5ग और 5ङ के
साथ पठित आयकर अजधजनयम, 1961 की धारा 35 की उप-धारा (1) के खंड (ii) के प्रयोिनाथ ड‘जिश्वजिद्यालय, महाजिद्यालय
या अन्द्य सस्ट्ं था’ की श्रेणी के अंतगडत ‘िज्ञै ाजनक अनसु धं ान’ हते ुअनुमोदित करती ह।ै
2. यह अजधसूचना मल्ू यांकन िर्ड 2026-27 से 2030-31 तक जनम्नजलजखत ितों के अधीन लागू होगी ।
(i) भारतीय प्रौद्योजगकी सस्ट्ं थान, जभलाई को आयकर अजधजनयम, 1962 के जनयम 5ङ म ेंजनर्िडष्ट ितों का अनुपालन करना
होगा।
(ii) भारतीय प्रौद्योजगकी सस्ट्ं थान, जभलाई अजधजनयम की धारा 35 की उपधारा (1क) के अतं गतड प्रत्येक जित्तीय िर्ड के
जलए प्रपत्र संख्या 10खघ में जनधाडठरत जििरण तैयार करेगा और उि जनधाडठरत आयकर प्राजधकारी या ऐसे प्राजधकारी द्वारा
प्राजधकृत व्यजि को उि प्रपत्र में, ऐसे तरीके से सत्याजपत, ऐसे जििरणों को प्रस्ट्ततु करते हुए, उस जित्तीय िर्ड के तरु ंत बाि
आने िाली 31 मई को या उससे पहले, जिसमें िान प्राप्त हुआ ह,ै आयकर अजधजनयम, 1962 के जनयम 18कख म ें जनधाडठरत
अनुसार प्रस्ट्तुत करेगा या प्रस्ट्ततु करिाएगा।
2313 GI/2026 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
बित े दक ऐसा जिश्वजिद्यालय, महाजिद्यालय या अन्द्य संस्ट्था अजधजनयम की धारा 35 की उपधारा (1क) के तहत
दिए गए जििरण म ें दकसी भी गलती को सुधारन े या उसम ें िानकारी िोड़ने, हटान े या अद्यतन करन े के जलए जनधाडठरत
प्राजधकारी को एक सुधार जििरण भी प्रस्ट्तुत कर सकती ह।ै
(iii) भारतीय प्रौद्योजगकी सस्ट्ं थान, जभलाई िानकताड को प्रपत्र संख्या 10खग म ें एक प्रमाण पत्र प्रिान करेगा, जिसमें िान
की राजि का जििरण, जििरण और राजि प्राप्त होन े की जतजथ से जनधाडठरत समय के भीतर दिया िाएगा, िैसा दक आयकर
अजधजनयम, 1962 के जनयम 18कख में जनधाडठरत ह।ै
[अजधसूचना स.ं 40/2026/फा. स.ं 203/07/2025/ITA-II]
इंि ुबाला, उप सजचि
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 30th March, 2026
S.O. 1657(E).— In exercise of the powers conferred by clause (ii) of sub-section (1) of section 35 of the
Income-tax Act, 1961 (43 of 1961) (the Act) read with Rules 5C and 5E of the Income-tax Rules, 1962 (the Rules), the
Central Government hereby approves ‘Indian Institute of Technology’ (IIT), Bhilai (PAN:AABAI0415K), for
‘Scientific Research’ under the category of ‘University, college or other institution’ for the purposes of clause (ii) of
sub-section (1) of section 35 of the Income-tax Act, 1961 read with rules 5C and 5E of the Income-tax Rules, 1962.
2. This Notification shall be applicable for Assessment years 2026-27 to 2030-31 subject to the following
conditions:
(i) Indian Institute of Technology (IIT), Bhilai shall comply with the conditions specified in Rule 5E of the
Income-tax Rules, 1962.
(ii) Indian Institute of Technology (IIT), Bhilai shall prepare statement under sub-section (1A) of section 35 of
the Act for each financial year as prescribed in Form No.10BD and deliver or cause to be delivered to the said prescribed
income-tax authority or the person authorised by such authority such statement in such form, verified in such manner,
setting forth such particulars on or before the 31st May, immediately following the financial year in which the donation
is received, as prescribed in Rule 18AB of the Income-tax Rules,1962.
Provided that such university, college or other institution may also deliver to the prescribed authority a correction
statement for rectification of any mistake or to add, delete or update the information furnished in the statement delivered
under sub-section (1A) of section 35 of the Act;
(iii) Indian Institute of Technology (IIT), Bhilai shall furnish to the donor, a certificate in Form No.10BE
specifying the amount of donation in such manner, containing such particulars and within such time from the date of
receipt of sum, as prescribed in Rule 18AB of the Income-tax Rules,1962.
[Notification No. 40 /2026 / F. No. 203/07/2025/ITA-II]
INDU BALA, Dy. Secy.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.