The Central Board of Direct Taxes (CBDT) has granted the approval to the Tea Research Association, Kolkata, as a recognized research association for the purposes of scientific research under the Income-tax Act, 1961.
The notification, issued under Section 35(1)(ii) of the Act read with Rules 5C and 5D of the Income-tax Rules, 1962, allows the Tea Research Association to qualify for tax benefits associated with scientific research contributions. This approval is expected to incentivize donations to the institution, as contributors may claim deductions under the relevant provisions of the Act.
According to the notification, the approval will remain valid for Assessment Years 2027–28 to 2031–32, subject to compliance with specified conditions.
The CBDT has laid down several conditions to ensure transparency and accountability.
Firstly, the Tea Research Association must comply with Rule 5D of the Income-tax Rules, 1962.
Secondly, it is required to furnish an annual statement of donations received in Form 10BD, in accordance with Section 35(1A), by May 31 following the financial year in which donations are received.
Thirdly, the association may also submit correction statements to rectify or update previously filed information.
Fourthly, certificate of donation must be issued to donors in Form 10BE, detailing the amount received and other prescribed particulars within the stipulated timeframe.
Notification Details
Notification No. 24/2026
Date: 20/03/2026
