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of <h1>Auroville Foundation Approved for Social Science Research u/s 35 of Income-tax Act, Effective 2025-2030.</h1> The Central Government has approved the Auroville Foundation as an 'Other Institution' for conducting research in social science or statistical research under clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961. This approval, issued by the Ministry of Finance's Department of Revenue and the Central Board of Direct Taxes, is effective from the publication date in the Official Gazette, applicable for the assessment years 2025-2026 to 2029-2030. The notification confirms that no individuals are adversely affected by its retrospective application.
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