Approval under section 35(1)(ii) conditions research tax qualification on separate accounts, reporting, audited accounts and renewal.
Approval is granted to the Tamil Nadu Science and Technology Centre as an approved institution under section 35(1)(ii) for scientific research, effective 1-4-1986 to 31-3-1989, subject to conditions: maintain a separate research account; file annual research returns by 30 April; submit audited accounts, income and expenditure statement, and balance-sheet to the prescribed authority and the Commissioner by 30 June; and apply for extension at least three months before approval expiry.

Research institution approval under section 35(1)(ii): recognition requires separate research accounts and annual audited returns.
Approval of the Jail Research Foundation, Valsad (Gujarat) is granted under section 35(1)(ii) of the Income-tax Act, recognising the institution for scientific research subject to conditions: maintain separate research accounts; furnish prescribed annual returns by 30 April; submit audited annual accounts and balance-sheet to the prescribed authority and Commissioner by 30 June; and apply for extension three months before expiry. The approval covers the period 1 April 1986 to 31 March 1987.

Research institution approval under section 35(1)(iii) mandates separate research accounts, annual returns, audited accounts and timely renewal applications.
Approval is granted to the Centre for Organisation Development, Hyderabad as an institution under section 35(1)(iii), subject to maintenance of separate accounts for scientific research, annual submission of scientific research returns by 30 April, submission of audited annual accounts and balance-sheet to the prescribed authority and the Commissioner by 30 June, and timely application to the tax board for extension at least three months before expiry. The approval period is 1 September 1986 to 31 March 1989.

Research approval for scientific association imposes reporting, audited accounts, and renewal requirements to secure tax treatment.
Approval is granted to the Addiction Research Centre, Madras, as an Approved Institution under clause (ii) of sub section (1) of section 35 of the Income tax Act in the category "Association", subject to conditions: maintaining separate research accounts; filing annual research activity returns by 30 April; submitting audited accounts and balance sheet to the prescribed authority and Commissioner by 30 June; and applying for renewal to the tax board at least three months before approval expiry.

Approval under section 35(1)(iii): institution recognised for research benefits subject to accounting, reporting, audited accounts, and renewal conditions.
Approval is granted to the EFI Social and Labour Research Foundation as an Institution for purposes of section 35(1)(iii) of the Income-tax Act, subject to conditions: maintain separate research accounts; furnish annual returns of scientific research activities by 30 April; submit audited annual accounts and balance sheet to the prescribed authority and Commissioner by 30 June; and apply for extension at least three months before approval expiry, with late applications liable to rejection.

Approval under Section 35(1)(iii): University granted research institution status, subject to separate accounts, audits, and returns.
Bharathiar University, Coimbatore, is approved under Section 35(1)(iii) as a University for scientific research on condition that it maintains separate accounts for research receipts, files annual returns of research activities by 30 April, submits audited annual accounts and balance-sheet to the prescribed authority and Commissioner by 30 June each year, and applies to the Central Board of Direct Taxes for extension at least three months before approval expiry; approval effective 1 April 1986 to 31 March 1989.

Research-institution approval grants tax recognition subject to separate accounting, annual returns, audited accounts, and renewal timing.
Govind Ballabh Pant Social Science Institute is approved as an Institution for research-related tax purposes subject to conditions: maintain separate accounts for research receipts; furnish annual research returns to the prescribed authority by 30 April; submit audited annual accounts, income and expenditure statements, and balance-sheet to the prescribed authority and the Commissioner of Income-tax by 30 June; and apply for approval renewal at least three months before expiry. The approval is effective from 1 April 1986 to 31 March 1988.

Specified debentures under tax exemption designated; secured redeemable bonds by Indian Telephone Industries and NTPC identified.
Designates specified debentures as eligible under clause (ii) of sub section (1) of section 80L of the Income tax Act, naming (i) the 7 Year "14 per cent. Secured Redeemable Non convertible Bonds (A Series)" issued by M/s. Indian Telephone Industries Limited, Bangalore, in 1986, and (ii) the 7 Year "14 per cent. Secured Redeemable National Thermal Power Corporation Bonds-1986-1st series" as the debentures specified for the purposes of that clause.

Research institution approval under section 35(1)(ii) requires separate research accounts, annual returns, audited filings, and timely extension application.
Approval is granted to the Serum Institute of India Research Foundation as an approved institution under section 35(1)(ii) of the Income-tax Act, subject to conditions: maintain separate research accounts; furnish annual returns of scientific research activities by 30 April; submit audited annual accounts and balance-sheet to the prescribed authority and Commissioner by 30 June; and apply for extension at least three months before approval expiry. The approval is effective from 1 April 1986 to 31 March 1988.

Research institution approval requires separate research accounts, annual audited returns, and timely renewal under tax law.
Thapar Corporate Research and Development Centre is approved as an institution eligible under the income-tax provision for research-related recognition for the period 1-4-1986 to 31-3-1989, subject to conditions: maintain a separate account for research receipts; furnish annual returns of research activities to the prescribed authority by 30 April; submit audited annual accounts, income and expenditure statements, and balance sheet to the prescribed authority and the Commissioner of Income-tax by 30 June; and apply for extension three months before approval expiry.

Tax exemption recognition for a religious charitable institution confirms Diocese status for specified assessment years.
The Central Government, exercising powers under clause (23C)(v) of section 10 of the Income-tax Act, notifies The Diocese of Mangalore as covered by that clause for the assessment years 1985-86 to 1987-88, formally designating the Diocese for the purposes of the exemption provision.

Tax exemption recognition under section 10(23C)(iv) applies to the association for specified assessment years.
Central Government notifies All India Federation of Scheduled Castes, Tribes, Backward and Minorities Employees Welfare Association (Regd.) under section 10(23C)(iv) of the Income-tax Act, 1961, declaring the association to qualify for the exemption clause for the assessment years 1985-86 to 1987-88.

Place of public worship recognition under section 80G enables donor tax-deduction eligibility after central government notification.
The Central Government, exercising powers under clause (b) of sub section (2) of section 80G of the Income tax Act, notifies Palayam Sri Maha Ganapathy Temple, Palayam, Trivandrum as a place of public worship of renown throughout the State of Kerala by Notification No. S.O.3595 dated 4-8-1986, conferring the tax-related recognition provided by that section.

Section 80G notification: place of public worship recognised for donation deductibility under the Income tax Act.
Notifies Sree Lakshmi Narasimha Navaneetha Krishna Temple at Nanganallur, Madras under clause (b) of sub section (2) of section 80G of the Income tax Act, 1961 as a place of public worship of renown throughout Tamil Nadu by Central Government notification S.O.3594 dated 4 8 1986, formally recognising the temple within the statute's tax related qualification framework.

Approval under section 35(1)(ii) granted with compliance conditions, annual reporting and renewal deadlines for research institutions.
Approval granted to Guha Institute of Biochemistry, Calcutta, as an approved institution for tax purposes, subject to maintaining a separate account for research receipts, filing annual research returns by 30 April, submitting audited annual accounts and balance-sheet to the prescribed authority with copies to the Commissioner by 30 June, and applying for extension of approval at least three months before expiry. Approval effective from 1 April 1985 to 31 March 1987.

Approval under section 35(1)(iii): institution granted status subject to research accounting, annual returns, audited accounts and renewal rules.
Approval under section 35(1)(iii) is granted to Foundation for Organisational Research, New Delhi, as an Institution for tax recognition for scientific research, contingent on maintaining separate research accounts, furnishing annual research returns to the prescribed authority by 30 April, submitting audited annual accounts and balance sheet to the prescribed authority and the Commissioner of Income-tax by 30 June, and applying for extension three months prior to expiry. The approval is effective from 1 April 1986 to 31 March 1989.

Income tax Appellate Tribunal rules amended to allow the Senior Vice President to exercise functions alongside the President.
The 1963 rules are amended to insert after the word President the words "or the Senior Vice President", authorising the Senior Vice President to exercise the same function identified in that clause as the President; the amendment takes effect on publication in the Official Gazette and does not alter other eligibility or service provisions.

Rate of exchange amendment updates Australian dollar valuation for customs purposes under Customs Act provisions.
Amends Notification No. 374-Cus by substituting the Schedule entry at serial No. 2 so that the Australian dollar is listed at the newly specified rate of exchange for customs valuation and related purposes, under the authority of the Customs Act.

Excise duty on sample removals: goods from export production zones may be shown domestically on duty payment and conditions.
Excisable goods produced or manufactured within an export processing Zone may be allowed by the Collector of Customs to be taken outside the Zone for display as samples on payment of excise duty and subject to conditions specified by the Development Commissioner; the total quantity so removed for samples together with quantities removed for sale under the Import and Export Policy must not exceed the policy's specified annual limit for the unit.

Excisable goods sample display: permission to remove from export zone on excise duty payment, subject to quantity limits.
Collector of Customs may allow excisable goods produced, manufactured or packaged within a Zone to be taken outside the Zone for display as samples on payment of the duty of excise and subject to conditions specified by the Development Commissioner. The total quantity permitted for sample display, together with quantities allowed for sale under the Import and Export Policy, must not exceed the policy-specified annual limit for any unit in the Zone.