CBDT extends income tax exemption to ‘Advanced Manufacturing Technology Development Centre (PAN: AAEAA9272B), Chennai’

The Central Government on 30th August, 2024 has provided income tax exemption to ‘Advanced Manufacturing Technology Development Centre (PAN: AAEAA9272B), Chennai’. The Advanced Manufacturing Technology Development Centre (PAN: AAEAA9272B), Chennai’ is extended income tax exemptions available to educational institutions for ‘Scientific Research’.

This Notification shall apply with effect from the date of publication in the Official Gazette (i.e. from the Previous Year 2024-25) and accordingly shall be applicable for Assessment Years 2025-2026 to 2029-2030.

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