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of <h1>IIIT Hyderabad Approved for Scientific Research Under Income-tax Act Section 35; Effective 2025-2030 Assessment Years.</h1> The Central Government has approved the International Institute of Information Technology, Hyderabad for scientific research under the category of 'University, College or Other Institution' as per clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961. This approval, issued by the Ministry of Finance's Central Board of Direct Taxes, is effective from the publication date in the Official Gazette and applies to the assessment years 2025-26 to 2029-30. The notification confirms that no individual is adversely affected by its retrospective application.
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