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Introducing the “In Favour Of” filter in Case Laws.
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<h1>Central Govt Approves Bhaktivedanta Hospital in Thane for Scientific Research u/s 35 of Income-tax Act, 1961.</h1> The Central Government has approved the Shri Chaitanya Health and Care Trust for its unit, Bhaktivedanta Hospital & Research Institute in Thane, Maharashtra, under the category of 'University, college or other institution' for scientific research purposes. This approval is granted under clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, and is effective from the previous year 2024-25, applicable for assessment years 2025-26 to 2029-30. The notification confirms that no individual is adversely affected by its retrospective application.