Approval under section 35(1)(ii) requires separate research accounts and annual audited returns for institutional tax recognition.
Approval under section 35(1)(ii) recognises Associated Electronics Research Foundation as an Institution for tax purposes, conditional on maintaining separate accounts for scientific research, filing an annual return of research activities to the Department of Scientific and Industrial Research by 31st May, and submitting audited annual accounts to specified tax and research authorities by 30th June. The approval covers 1 April 1991 to 31 March 1994 and the organisation is instructed on the procedural requirements for seeking extension of the approval.

Approval under section for research association requires separate research accounts, annual returns, and audited accounts submission.
Approval is granted to Hexamar Agricultural Research and Development Foundation as an association for tax deduction for scientific research, conditional on maintaining a separate account for research funds, furnishing an annual return of research activities to the Secretary, Department of Scientific and Industrial Research by the prescribed date, and submitting audited annual accounts showing income, expenditure, assets and liabilities to specified tax and research authorities by the stated annual deadline; the notification also sets the approval period and prescribes the procedure and copy requirements for extension applications.

Extension of notification validity: executive substitutes the prescribed expiry date to prolong an exemption without other changes.
The executive amends paragraph 2 of a prior customs exemption notification, exercising delegated statutory power and citing public interest, to substitute the originally prescribed expiry date with a later expiry date, thereby extending the notification's operative validity without altering its substantive provisions.

Tax-exempt energy bonds specified as secured redeemable non-convertible instruments; tax benefit contingent on holder registration.
Central Government specifies 10-year secured redeemable non-convertible Series-I tax-free energy bonds, issued by the designated renewable energy agency, as qualifying for the benefit under item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act; the tax benefit is admissible only if the holder registers his name and holding with the issuing agency.

Exchange rate determination prescribes conversion rates for specified foreign currencies for stamp duty and customs purposes.
Prescribes the rate of exchange for conversion between specified foreign currencies and Indian currency for calculating stamp duty under the Indian Stamp Act and for purposes of section 14 of the Customs Act, effective from the first day of January, 1992; the Schedule lists the rate of each foreign currency equivalent to Rs.100 and the notification supersedes the earlier cited notification.

Customs exemption for thermometers and pyrometers limits payable duty to an established ad valorem ceiling on import.
Exempts imports of thermometers and pyrometers classified under sub headings 9025.11 and 9025.19 from customs duty insofar as such duty exceeds 40 per cent ad valorem, limited to instruments not combined with other apparatus, pursuant to a notification issued under the Customs Act; the exemption takes effect on 1 January 1992.

Customs exemption for acid oils caps import duty above a specified ad valorem rate to limit payable duty.
Exemption narrows import duty liability for acid oils under sub heading 1519.19 by excluding from charge any portion of customs duty above a capped ad valorem rate, reducing the effective customs burden on such acid oils; the notification identifies the tariff sub heading, limits the exemption to the excess over the specified ad valorem ceiling, and fixes its commencement date for application at import clearance.

Ad valorem exemption raised for certain Chapter 15 goods; related exemption entry removed, altering customs tariff relief.
Amendment increases the ad valorem exemption for specified Chapter 15 goods by substituting a higher rate at the relevant tariff entry and omits the following tariff entry; both changes are made by amending the Table to the cited notification under the Customs Act and operate from the prescribed commencement date.

Tax exemption under section 10(23) conditions eligibility for Himalayan Rally Association, limiting investments, distributions and business income.
Notification under clause (23) of section 10 notifies the Himalayan Rally Association, Bombay as eligible for exemption for the assessment years 1991-92 to 1993-94 subject to conditions: income must be applied or accumulated pursuant to the modified section 11 provisions for the association's objects; investments must be limited to forms specified in section 11(5) except permitted tangible voluntary contributions; income distributions to members are prohibited except as grants to affiliated bodies; business profits are excluded unless incidental to objectives and recorded in separate books.

Research institution approval under section 35(1)(ii) requires separate accounts and annual audited returns to DSIR and tax authorities.
Approval as an Institution for research-related tax exemption is conditional on maintaining separate accounts for scientific research, furnishing an annual return of research activities to the Secretary, Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts showing income, expenditure, assets and liabilities to the Director-General of Income-tax (Exemptions), the Secretary DSIR and the local Commissioner/Director of Income-tax (Exemptions) by 30 June; approval is limited to the stated financial year and guidance is provided for extension applications.

Research approval under Section 35 requires separate research accounts and annual audited returns to tax and DSIR authorities.
Approval under section 35(1)(ii) was granted to Hyderabad Eye Research Foundation as an "Institution" effective from 1 4 1991 to 31 3 1994, subject to maintaining separate accounts for scientific research, filing an annual Scientific Research activity return to the Secretary, Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts by 30 June each year to the Director General of Income tax (Exemptions), the Secretary, DSIR, and the local Commissioner/Director of Income tax (Exemptions).

Approval under section 35(1)(ii): institution must keep separate research accounts and file annual returns and audited accounts.
Approval under section 35(1)(ii) to Bharatiya Vidya Bhavan as an Institution is subject to specified conditions: maintain a separate account for scientific research receipts; furnish an annual return of scientific research activities to the Secretary, Department of Scientific and Industrial Research by the prescribed annual deadline; and submit audited annual accounts showing income, expenditure, assets and liabilities to the Director General of Income tax (Exemptions), the Secretary, Department of Scientific and Industrial Research and the local Commissioner/Director of Income tax (Exemptions) by the prescribed annual deadline.

Specified bonds under tax provision grant conditional benefit; transferee must notify issuer by registered post within sixty days.
The Central Government specifies 7-year 13 per cent. taxable secured redeemable non-convertible bonds (3rd Series) issued by the Damodar Valley Corporation as qualifying for the tax benefit under clause (ii) of sub-section (1) of the relevant tax provision; transfer of such bonds by endorsement or delivery confers the benefit on the transferee only if the transferee informs the Corporation by registered post within sixty days of the transfer.

Rate of interest on warehoused goods fixed under Customs Amendment Act provisions, establishing the applicable interest charge for specified sub clauses.
Fixation of the rate of interest applicable to goods deposited in customs warehouses is prescribed by notification exercising statutory powers under the Customs (Amendment) Act, 1991, setting the interest rate for the purposes of the specified sub clauses and thereby establishing the chargeable interest applicable to warehoused goods.

Rate of interest on warehousing dues fixed under statutory provision, imposing an annual charge for delayed payments.
Fixes the rate of interest applicable to warehousing dues under the Customs Act by exercising the power under section 47(2), setting a uniform annual interest rate for calculation of interest on warehoused goods liabilities and superseding the earlier notification on the matter.

Commencement of Customs (Amendment) Act fixed from 23 December 1991 under the statutory power to appoint the enforcement date.
The Central Government appointed 23 December 1991 as the commencement date for the Customs (Amendment) Act, 1991, in exercise of the power under sub-section (2) of section 1 of that Act.

Customs warehousing and interest rules were tightened through revised duty payment, bond, and clearance requirements.
Customs law was amended to revise refund, warehousing, and interest provisions under the Customs Act, 1962. The amendments substituted references to "duty" with "duty and interest, if any, paid on such duty" in the refund provisions, prescribed interest where import duty is not paid within seven days after the bill of entry is returned, shortened specified time limits for warehousing and disposal of goods, and omitted the words "without payment of duty" from certain warehousing-related sections. The amended scheme introduced a revised bond requirement for warehoused goods and inserted a new section 59A requiring payment of fifty per cent of the assessed duty and execution of a bond for the balance, together with interest and related obligations.

Tax exemption under section 10(23C)(v) conditioned on exclusive application of income and prescribed investment modes.
Notification grants tax-exempt status to Shree Durgiana Committee for specified assessment years subject to conditions: income must be applied or accumulated solely for its objects; funds other than specified voluntary contributions must be invested only in prescribed forms or modes; and any business income is excluded unless the business is incidental to the objects and separately accounted for.

Section 35(1)(ii) approval requires separate research accounts, annual DSIR return and audited accounts to tax authorities.
Approval of the Indian Cospar Development Centre, Calcutta as an institution under section 35(1)(ii) is subject to maintaining a separate account for scientific research, furnishing an annual return of scientific research activities to the Secretary, Department of Scientific and Industrial Research, and submitting audited annual accounts showing income, expenditure, assets and liabilities to the Director-General of Income-tax (Exemptions), the Secretary, Department of Scientific and Industrial Research and the local Commissioner/Director of Income-tax (Exemptions).

Research-expenditure approval requires separate research accounts and annual audited submissions to tax and research authorities.
Approval was granted to Decospin Research Foundation as an association for the purposes of the research-expenditure provision, conditional on maintaining a separate scientific research account, filing an annual return of scientific research activities with the Department of Scientific and Industrial Research by the prescribed date, and submitting audited annual accounts showing income, expenditure, assets and liabilities to the Director-General of Income-tax (Exemptions), the Secretary, Department of Scientific and Industrial Research and the local tax authority by the annual deadline.