INCOME TAX2 Sept 2026
CBDT Notifies Tamil Nadu Institute Under New Tax Act
The CBDT has issued Notification No. 115/2026 under the Income Tax Act, 2025, referencing sections 45(3)(a)(i) and 45(4)(b). The notification specifically concerns the International Institute of Bio Technology and Toxicology in Tamil Nadu. Business owners and taxpayers linked to this entity should be aware of this development and check whether it impacts their tax obligations.
Key Statutory Highlights
- CBDT issued Notification No. 115/2026 under the Income Tax Act, 2025.
- The notification references sections 45(3)(a)(i) and 45(4)(b).
- It concerns the International Institute of Bio Technology and Toxicology, Tamil Nadu.
Actionable Advice for Taxpayers / Founders:If you are associated with this institute or affected by these provisions, review the official notification to understand its impact.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief passed the displayed source checks. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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