Income Tax Notification 43/2025 Dated 30/03/2025 – Indian Rubber Materials Research Institute, Thane notified under section 35(1)(ii)  for Scientific Research

 It notifies Indian Rubber Materials Research Institute, Thane, Maharashtra for ‘Scientific Research’ under the category of ‘Research Association’ for the purposes section 35(1)(ii) of the Income-tax Act, read with rules 5C and 5E of the Income-tax Rules. This section allows for deduction equal to one and half times while computing taxes for expenses relating to scientific research.

(Link: Income Tax Notification 43/2026 Dated 30/03/2026)

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