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Date: 2021-11-01 Category: Extra Ordinary State: Union Government Country: India

Pimpri Chinwad Trust, Pune

Issued by Ministry of Finance · Department of Revenue

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**Policy Summary:** This notification, S.O. 4530(E), issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes on October 31, 2021, approves Pimpri Chinchwad College of Engineering, operating under the Pimpri Chinchwad Education Trust, Pune (PAN: AAATP3981F), as a University, College, or Other Institution for Scientific Research. This approval is granted under clause (ii) of subsection (1) of section 35 of the Income-tax Act, 1961, read with rules 5C and 5E of the Income-tax Rules, 1962. The notification takes effect from the Previous Year 2021-2022 and is applicable for Assessment Years 2022-23 to 2027-28. The relevant file number is F. No. 203082020/ITA-II. The Director, Ravinder Maini, issued the notification.

Key Entities Referenced

Ministry of Finance: A department of the Government of India responsible for financial matters. Department of Revenue: A department under the Ministry of Finance in the Government of India. Central Board of Direct Taxes: A statutory authority functioning under the Department of Revenue, Ministry of Finance, Government of India. New Delhi: The location of the notification, likely the capital of India. Incometax Act, 1961: An Indian Act of Parliament that governs income tax. Incometax Rules, 1962: Rules pertaining to the Incometax Act, 1961 Pimpri Chinchwad College of Engineering: An educational institution in Pune, Maharashtra, approved for scientific research. Pune, Maharashtra: A city in the state of Maharashtra, India; location of Pimpri Chinchwad College of Engineering
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एxलxx.G-अID.E-x0x1x1 12021-230852 CG-DL-E-01112021-230852 ऄसाधारण EXTRAORDINARY भाग II—खण् ड 3—ईप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 4169] नइ ददल्ली, सोमिार, निम्बर 1, 2021/कार्ततक 10, 1943 No. 4169] NEW DELHI, MONDAY, NOVEMBER 1, 2021/KARTIKA 10, 1943 जित्त मत्रं ालय (रािस्ट्ि जिभाग) (केंद्रीय प्रत्यक्ष कर बोडड) ऄजधसचू ना नइ ददल्ली, 31 ऄक्त ूबर, 2021 का.अ. 4530(ऄ).—अयकर जनयमािली, 1962 के जनयम 5ग एि ं 5ड़ के साथ पठित, अयकर ऄजधजनयम, 1961 (1961 का 43) की धारा 35 की ईपधारा (1) के खण्ड (ii) म ें पदत्त िजियों का प्रयोग करते हुए केंद्र सरकार एततद्वारा पपपरी पचचिाड जिक्षा न्यास, पणु े (पनै ः AAATP3981F) के सरं क्षण के ऄधीन ‘पपपरी पचचिाड जिक्षा आंिीजनयररग कालिे ’ को िैज्ञाजनक ऄनुसंधान हते ु “जिश्वजिद्यालय, कालिे या ऄन्य सस्ट्ं थान” श्रेणी के ऄधीन अयकर जनयमािली, 1962 के जनयम 5ग एि ं5ड़ के साथ पठित अयकर ऄजधजनयम, 1961 की धारा 35 की ईपधारा (1) के खण्ड (ii) के प्रयोिन हते ु ऄनुमोददत करती ह।ै 2. यह ऄजधसूचना सरकारी रािपत्र म ें प्रकािन की जतजथ (ऄथातड पूि ड िर्ड 2021-22) स े लाग ू होगी तथा तद्नुसार जनधाडरण िर्ड (िर्ों) 2022-23 स े 2027-28 तक लागू होगी। [ऄजधसूचना स.ं 128/2021/ फा. स.ं 203/08/2020/अइटीए-II] रजिन्दर मनै ी, जनदेिक स्ट्पष्टीकरण ज्ञापनः– प्रमाजणत दकया िाता ह ै दक आस सूचना को भूतलक्षी प्रभाि देने से दकसी भी व्यजि पर प्रजतकूल प्रभाि नहीं पड़ रहा ह।ै 6289 GI/2021 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 31st October, 2021 S.O. 4530(E).—In exercise of the powers conferred by clauses (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 (43 of 1961) read with rules 5C and 5E of the Income-tax Rules, 1962, the Central Government hereby approves „Pimpri Chinchwad College of Engineering‟ under the aegis of Pimpri Chinchwad Education Trust, Pune (PAN:AAATP3981F) under the category “University, College or Other Institution” for Scientific Research 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 apply with effect from the date of publication in the Official Gazette (i.e from the Previous Year 2021-2022) and accordingly shall be applicable for Assessment Year(s) 2022-23 to 2027-28. [Notification No. 128/2021/ F. No. 203/08/2020/ITA-II] RAVINDER MAINI, Director Explanatory Memorandum:–It is certified that no person is being adversely affected by granting retrospective effect to this notification. 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.

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