Notification u/s 35(1)(ii) of the Income Tax Act, 1961 in the case of Sri Paripoorna Sanathana Ayurveda Medical College, Hospital and Research Centre

8458 GI/202 4 (1) EXTRAORDINARY PART II —Section 3 —Sub-section ( ii) PUBLISHED BY AUTHORITY [अजधसूचना सं. 131/2024 /फ.सं. 203/13/2024/ITA -II] No. 5209 ] NEW DELH I, MONDAY , DECEMBER 30, 2024 /PAUSHA 9, 1946 CG-DL-E-30122024-259726 MINISTRY OF FINANCE (Department of Revenue ) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 30th Dece mber, 2024 S.O. 5629(E).—In exercise of the powers conferred by clause (ii) 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 ‘ Sri Parip oorna Sanathana Charitable Trust’, Bengaluru (PAN: AALTS2655L) for its college unit, 'Sri Paripoorna Sanathana Ayurveda Medical College, Hospital and Research Centre’ under the category of ‘University, college or other institution’ for ‘Scientific Research ’ for the purposes of clause (ii) 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 Gazett e (i.e. from the Previous Year 2024 -25) and accordingly shall be applicable for Asse ssment Years 2025 -26 to 2029 -30 [Notification No. 131/2024 /F.No. 203/13/2024/ITA -II] CASTRO JAYAPRAKASH T., Under Secy . Explanatory Memorandum: It is certified that no person is being adversely affected by granting retrospe ctive 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 Publicati ons, Delhi -110054.