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<h1>Approval under section 35(1)(iia) read with Rule 5F for company's scientific research, effective April 1, 2025-March 31, 2030</h1> The Principal Chief Commissioner of Income Tax (Exemptions) issued a notification dated 27 August 2025 granting approval under section 35(1)(iia) of the Income-tax Act, 1961 read with Rule 5F to a specified company for undertaking 'scientific research.' The approval is effective from 1 April 2025 to 31 March 2030, covering assessment years 2026-27 through 2030-31. The notification states that no person will be adversely affected by giving retrospective effect to the order.