The Central Board of Direct Taxes ( CBDT) through Notification No. 125/2024 dated 2nd December 2024 approved the International Institute of Information Technology, Hyderabad ( IIITH ) for income tax benefits under Section 35 of the Income Tax Act, 1961. This recognition allows the institution to benefit from its scientific research activities.
According to the notification, the approval categorizes IIIT-H as a “University, College, or other Institution” eligible for tax deductions for scientific research. The recognition comes under the provisions of Rules 5C and 5E of the Income Tax Rules, 1962.
The notification is effective from the current financial year (2024-25) and will remain applicable for the assessment years 2025-26 to 2029-30. The Ministry of Finance has clarified that the retrospective implementation of this approval will not adversely impact any individual or entity.
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About IIIT, Hyderabad
The International Institute of Information Technology, Hyderabad (IIITH) is an autonomous university established in 1998 as India’s first not-for-profit public-private partnership (N-PPP) model institution. Over the years, it has developed strong research programs across various fields, focusing on technology and applied research that benefits industry and society.
IIITH is home to several world-renowned centers of excellence and has built successful co-innovation and collaboration models with both national and international organizations. Its innovative curriculum allows students to customize their learning by choosing courses and projects. The institute also provides a well-rounded environment that encourages participation in arts, culture, sports, societal contributions, and self-governance.
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Recent activities in Research: Faculties are working on fraud detection with Flipkart, conducting advanced research in multi-object segmentation and visual scene understanding which is supported by Google Asia Pacific, and was awarded a Qualcomm Innovation Fellowship for work on deep neural models.
The notification was issued under the authority of Castro Jayaprakash T, Under Secretary and published in the official gazette.
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