Tax Deductions for Donations to IIT Bhilai for Scientific Research
- Document
- Notification Notification No. 40/2026
- Effective
- Assessment years 2026-27 to 2030-31
This page was written by Patron Accounting’s AI from the official release and reviewed before publishing. It explains the document in plain language. It is not the document itself. Where this page and the original differ, the original governs.
In short
Notification 40/2026 confirms that donations made to IIT Bhilai for scientific research qualify for tax benefits under the Income-tax Act.
What has changed
How it worked before
Previously, there was no specific approval in place for IIT Bhilai to receive these particular tax-deductible research donations. Donors could not claim the specific scientific research deduction for contributions made to this institution.
What has changed
The government has now approved IIT Bhilai as a research institution under section 35(1)(ii), which allows for tax deductions on research funding. This approval applies to donations made during the assessment years 2026-27 through 2030-31.
Who this affects
This affects individuals and businesses who donate money to IIT Bhilai specifically for scientific research projects.
What you should do
If you donate, ensure you receive a certificate called Form 10BE from the institute to support your tax claim. You do not need to file anything extra yourself, but you must keep this certificate as proof for your tax return.
The original document
| Issued by | IT |
|---|---|
| Document | Notification Notification No. 40/2026 |
| Full title | Notification No. 40/2026 |
| Effective | Assessment years 2026-27 to 2030-31 |
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