Scientific research association approval requires audited accounts and donation reporting to maintain tax recognition under prescribed compliance conditions
Approval is granted to Centre for Materials for Electronics Technology, Pune, as a scientific research association subject to conditions: its sole objective must be scientific research carried out by the organization itself; it must maintain books of account, obtain an audit by a qualified accountant and furnish the auditor's report to the tax authority by the return due date; and it must maintain a separately certified statement of donations received and amounts applied to scientific research to accompany the audit report. Approval may be withdrawn for failures to maintain records, furnish reports, or for cessation or lack of genuine research activity.

Approval under clause 23C(vi) of Section 10 updated to apply from assessment year 2004-05 onwards.
Approval of Shree Arya Vidyapeeth Society under sub-clause (vi) of clause (23C) of Section 10 read with the relevant procedural rule is amended so the assessment-year applicability reads as assessment year 2004-05 and onwards instead of assessment years 2004-05 and 2005-06.

Change in authority designation: Commissioner replaced by Director in income-tax rules and form for central information branch.
The amendment replaces references to the Commissioner of Income-tax (Central Information Branch) with the Director of Income-tax (Central Information Branch) in the Income-tax Rules and in the relevant item of the prescribed form, thereby designating the Director as the official responsible for central information branch functions; the amendment takes effect on publication in the Official Gazette.

Appointment of competent authority under section 269B designates Joint/Additional Commissioners with specified territorial jurisdictions effective on publication.
Authorizes every Joint Commissioner or Additional Commissioner of Income-tax to perform the functions of a competent authority under section 269B of the Income-tax Act within specified territorial limits, superseding earlier notifications except as to prior acts or omissions, and taking effect from publication; a table assigns each named Range office to its territorial jurisdiction for exercising those functions.

Amendment designation correction: notification text amended to substitute the incorrect amendment title with the correct amendment title.
The corrigendum directs that in Notification No. 107/2008, clause 1, sub section (1) the phrase "Income-tax (11th Amendment) Rules, 2008" shall be read as "Income-tax (10th Amendment) Rules, 2008", effecting a textual correction to the cited amendment designation in the published notification.

Approval under Section 10(23C)(vi) confers tax-exempt recognition, subject to compliance conditions per Income-tax Rules approval notice.
Approval is granted to the Indian Council for International Amity, Jaipur under Section 10(23C)(vi) read with Rule 2CA of the Income-tax Rules, 1962 for the assessment year 2008-09 and onwards, subject to the society's conformity with and compliance to the requirements of clause (23C)(vi) of Section 10 and Rule 2CA.

Notified Corporation status granted to Hyderabad Urban Development Authority with conditions on deductible expenditure and accounting.
Hyderabad Urban Development Authority is notified as a Notified Corporation for the purposes of clause (xii) of subsection (1) of section 36 of the Income tax Act, 1961, subject to conditions: expenditure must be for objects authorized by the Andhra Pradesh Urban Areas (Development) Act, 1975; not be capital expenditure; not be deductible under any other provision of the Income tax Act; and a separate account of such expenditure must be maintained. The notification is effective from 1 April 2008 for assessment year 2008-09 onward.

Tax exemption approval for educational trust contingent on exclusive application of income and prescribed investment and dissolution rules.
Approval is granted to Saraswati Shikshan Samiti for tax-exempt status subject to conditions: apply or accumulate income exclusively for its objects; invest funds only in prescribed modes except certain voluntary contributions; business income excluded unless incidental and shown in separate books; file returns regularly; on dissolution transfer surplus assets to a similar charitable organisation and not to members.

Educational institution exemption approval, subject to statutory compliance under income tax rules, validates continued tax-exempt status.
Approval is granted to The Education Committee of the Maheshwari Samaj (Society), Jaipur as an educational charitable institution for the purposes of the income-tax exemption provision concerned, effective for the assessment year beginning 2006-07 and continuing thereafter, provided the society conforms to and complies with the statutory provision and the related income-tax rules.

Approval for corporate scientific research: new rules set prescribed authority, application form, timelines and compliance obligations.
Rule 5F prescribes that the Chief Commissioner is the authority for approvals under clause (iia) of section 35; companies must apply in duplicate in Form No. 3CF-III to the Commissioner, who checks completeness, may inquire and forward recommendations; the Chief Commissioner may grant, reject or withdraw approval after calling for documents or inquiries. Approvals require that sums be used for scientific research undertaken by the company's own employees and assets, that separate audited accounts and a certified statement of donations and use be maintained and annually reported, and that non-compliance may be reported and acted upon following opportunity to be heard.

Approval under Section 10(23C)(vi) corrected: assessment years read as commencing from A.Y. 2004-05 and onwards.
Corrigendum revises an earlier notification granting approval under Section 10(23C)(vi) to state that the institution's approval applies from the assessment year commencing 2004-05 and onwards, replacing the prior wording limited to a single assessment year.

Industrial Park eligibility criteria revised to require specific area allocations, unit counts, ownership and activity conditions for scheme benefits.
Amendment to FORM IPS I substitutes para 2.III to require details of industrial activity and substitutes para 3.VI to require Yes/No confirmation that the industrial park meets specified eligibility criteria: commencement within the scheme window; at least seventy five per cent allocable area for industrial units; not more than ten per cent for commercial activity; minimum thirty industrial units with aggregation of associated enterprises; minimum constructed floor area of 15,000 square metres; no unit occupying over twenty five per cent of allocable area with associated enterprises; single undertaking ownership; and that units undertake only scheme defined industrial activities. The amendment is effective on publication in the Official Gazette.

Corrigendum updates tax notification project description to add classrooms, seminar hall, buses, computers and furniture.
Corrigendum dated 12 November 2008 replaces the S. No. 13, Column (3) description in S.O. 54(E) (16 January 1998) with an expanded rural development project specification at Vinaypuram, District Bhilwara, Rajasthan, adding construction of three additional classrooms, one seminar hall, two student buses, one staff bus, ten computers, and other furniture to the originally listed school, welfare centre, staff quarters, guest house, laboratory and library hall, kitchen and dining hall, meditation hall, and administrative block.

Deduction under Section 35AC: specified institutions' projects approved with capped allowable deductions for a fixed approval period.
Notification approves specified institutions and their named projects as eligible for deduction under Section 35AC on the National Committee's recommendation, and for each project states the estimated cost and the maximum cumulative amount allowable as a deduction under the said section for a three-year approval period covering the financial years specified in the Table.

Approval under Section 35 provides conditional tax deduction eligibility for research contributions, subject to audit and reporting.
Approval is granted to the National Institute of Public Finance & Policy, New Delhi as an other institution partly engaged in research under clause (iii) of sub section (1) of section 35, effective from 1 4 2002, subject to conditions requiring utilisation of sums for social sciences research, research through faculty or students, maintenance of separate books of account for research receipts, audit of those books by a qualified accountant with the audit report and a certified statement of donations and amounts applied for research furnished to the tax authority by the return filing due date.

Scientific research association approval requires audited books, certified donation statements, and ongoing genuine research compliance.
Approval is granted to M.P. Birla Medical Research Centre as a scientific research association under clause (ii) of sub section (1) of section 35 read with rules 5C and 5D. Conditions: sole objective of scientific research; research carried out by the organization itself; maintenance of books and audit by a defined accountant with the audit report furnished to the tax authority by the income tax return due date; and a separate auditor certified statement of donations received and amounts applied for research accompanying the audit report. Withdrawal follows specified failures to comply.

Research donation approval requires separate accounts, auditor report and compliance for tax benefit eligibility under tax law.
Approval is granted to M/s Stephen's Hospital Society as an other Institution partly engaged in research for purposes of clause (ii) of sub section (1) of section 35, conditional on using sums for scientific research, carrying out research through faculty or enrolled students, maintaining separate books of account for research receipts and expenditure, obtaining an audit by a qualified accountant and furnishing the audit report and an auditor certified statement of donations to the tax authorities by the return due date.

Approval under section 35(1)(ii): college granted research status subject to audit, separate accounting and donation reporting obligations.
Approval is granted to M/s Ramakrishna Mission (unit M/s Ramakrishna Mission Residential College, Narenderapur) as a college partly engaged in scientific research for the purpose of clause (ii) of sub section (1) of section 35 read with Rules 5C and 5E, effective 1 April 2007, subject to conditions requiring utilisation of sums for research, research through faculty or students, maintenance of separate books for research receipts and expenditure, audit by a qualified accountant with filing of the audit report by the return due date, and submission of an auditor certified statement of donations and amounts applied for research.

Research exemption approval under section 35(1)(ii) granted with audit, reporting and compliance requirements; noncompliance risks withdrawal.
Approval under section 35(1)(ii) is granted to M/s B.R. Nahata Smriti Sansthan (unit: B.R. Nahata College of Pharmacy) as a College partly engaged in research, subject to utilization of sums for scientific research, research being carried out by faculty or students, maintenance of separate books and a donations statement, and submission of an auditor's report and certified statement to the tax authority by the return filing due date.

Research funding approval under tax law: payments eligible if organization meets audit, recordkeeping, and donation reporting conditions.
Approval is granted to the Institute for Studies in Industrial Development as an approved organization under the research funding tax framework, effective from 1 April 2000, conditional on utilizing received sums for social science research, conducting research through faculty or enrolled students, maintaining separate books of account for research receipts and expenditures, obtaining an audit by a qualified accountant and furnishing the audited report and an auditor certified statement of donations and amounts applied to research to the tax authorities by the return filing due date.