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The Central Government approves the National Institute of Design, Ahmedabad under the category of University, College or Other Institution for Scientific Research. This approval applies from the date of publication in the Official Gazette for the Previous Year 2023-24. The approval applies for Assessment Years 2024-2025 to 2028-2029.
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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 21st April, 2023
S.O. 1831(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) read with Rules 5C and 5E of the Income-tax Rules, 1962, the Central Government hereby approves ‘National Institute of Design, Ahmedabad (PAN: AAATN1137D)’ under the category of ‘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.
[Notification No. 23/2023/F. No. 203/07/2022/ITA-II] CASTRO JAYAPRAKASH T., Under Secy.
Explanatory Memorandum : It is certified that no person is being adversely affected by granting retrospective effect to this notification.
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