Notification under section 35(1)(iii) of the Income Tax Act, 1961 in the case of M/s Auroville Foundation

5951 GI/202 4 (1) EXTRAORDINARY PART II —Section 3 —Sub-section ( ii) PUBLISHED BY AUTHORITY No. 3622] NEW DELHI, WEDNES DAY , SEPTEMBER 18 , 2024 /BHADRA 27, 194 6 CG-DL-E-18092024-257214 MINISTRY OF FINANCE Department of Revenue CENTRAL BOARD OF DIRECT TAXES NOTIFICATION New Delhi, the 18th September , 2024 S.O. 3961(E).—In exercise of the powers conferre d by clause (iii) 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 Auroville Foundation (PAN: AAATA0037B) as ‘Other Institution’ for re search in social science or statistical research for the purposes of clause (iii) 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. 2. This Notification shall apply with effect from the date of publication in the Official Gazette (i.e. from the Previous Year 2024 -25) and accordingly shall be applicable for Assessment Years 2025 -2026 to 2029 -2030. [Notification No.102/2024/F.No. 203/12/2024/ITA -II] CASTRO JAYAPRAKASH T.,Under Secy. Explana tory Memorandum: It is certified that no person is being adversely affected by granting retrospective effect to this notification. Uploaded by Dte. of Printing at Government of India Press, Ring R oad, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.