Scientific research programme has been approved for the period specified below for the purposes of sub-section (2A) of section 35 of the Income-tax Ac...
Central Government authorise every Assistant Commissioner of Income-tax specified in column (2) appended to this order to perform the functions of a c...
Supersedes Notification No. S.O. 576(E) dated the 21st July, 1977 - Central Government fixes with immediate effect eight per cent. as the rate referre...
Approved Institution Agricultural Institute, Kosbad-Hill, Thana (Maharashtra) u/s 35(1)(ii)
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Approval under section 35(1)(ii): Agricultural Institute Kosbad Hill recognised for research-related tax recognition for a two-year period. The Indian Council of Agricultural Research has approved Agricultural Institute, Kosbad-Hill, Thana (Maharashtra) for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, and the notification states that this recognition is effective for the two-year period from 1 May 1978 to 30 April 1980.
Notifies The Bombay Humanitarian League u/s 10(23C)(iv)
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Notification under section 10(23C)(iv) recognising a charitable league for tax-exempt status from a prior assessment year. The Central Government, exercising the powers conferred by clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961, notifies The Bombay Humanitarian League for the purpose of that section with effect from the assessment year 1974-75, recording the notification number and date as the administrative basis for the recognition.
Notifies Sri Rama Nama Sankeertana Sangam, Vijaywada u/s 10(23C)(v)
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Section 10(23C)(v) notification: organisation granted tax-exempt status under the Income-tax Act effective from a specified assessment year. The Central Government, exercising powers under clause (v) of sub-section (23C) of section 10 of the Income-tax Act, issued S.O.224 to notify Sri Rama Nama Sankeertana Sangam, Vijaywada as an organisation covered by that provision, effective from the assessment year 1977-78.
Approved various institutions by Indian Council of Agricultural Research 'Krishi Bhavan', New Delhi-110 001 u/s 35(1)(ii)
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Approval of research institutions under section 35(1)(ii) confirms their recognition for statutory income tax research treatment. The Indian Council of Agricultural Research, as the prescribed authority under clause (ii) of sub section (1) of section 35 of the Income tax Act, has approved a list of named agricultural and allied research institutes for recognition under that provision; the notification specifies the institutes by name and declares an operative commencement date for that recognition to guide administrative application of the statutory tax treatment.
Scientific research programme has been approved for the period specified below for the purposes of sub-section (2A) of section 35 of the Income-tax Act, 1961
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Scientific research programme approval recognized for tax deduction eligibility for sponsored university research projects under income tax law Approval is granted for two scientific research programmes under sub-section (2A) of section 35 of the Income-tax Act, 1961, read with rule 6(iv) of the Income-tax Rules, 1962: "Pelletising of Alumina" and "Grain refinement in Aluminium alloys", sponsored by Indian Aluminium Co., Calcutta and carried out at the Maharaja Sayajirao University of Baroda. The University is recorded as an approved institution under section 35(1)(ii), and the notification specifies commencement and completion periods and estimated outlays for each project.
Notifies Sri Subramanya Swami Adi Krithikai Laksharchana Committee, Secundrabad u/s 10(23C)(v)
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Tax notification under section 10(23C)(v): Sri Subramanya Swami Adi Krithikai Laksharchana Committee notified for exemption purposes. Central Government, under section 10(23C)(v) of the Income tax Act, 1961, notifies Sri Subramanya Swami Adi Krithikai Laksharchana Committee, Secundrabad, for the purposes of that provision, with effect from the specified assessment year, thereby designating the Committee as within the class of institutions covered by the clause.
Tax exemption under s.10(23C)(iv) notified for Lady Tata Memorial Trust from assessment year 1976-77; official notification issued. Notification under clause (iv) of sub-section (23C) of section 10 of the Income-tax Act designates Lady Tata Memorial Trust as qualifying for income-tax exemption, with effect from the assessment year 1976-77, issued by the Central Government as the formal administrative recognition of the Trust's status.
Central Government authorise every Assistant Commissioner of Income-tax specified in column (2) appended to this order to perform the functions of a competent authority under Chapter XXA of the said Act within the local limits specified in the corresponding entry in column (3)
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Competent authority designation: Assistant Commissioners authorised to exercise Chapter XXA powers within specified local limits. Central Government authorises specified Assistant Commissioners of Income-tax to perform the functions of a competent authority under Chapter XXA of the Income-tax Act within the local limits specified in the appended Table. The order partially modifies an earlier order and takes effect on the prescribed commencement date, with the Table defining territorial coverage for each named Assistant Commissioner, including Kanugo Circles and Acquisition Ranges.
Notifies Shri 108 Prannath Mandir Trust Dham, Panna u/s 10(23C)(v)
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Tax exemption notification: charitable trust designated under income tax provision, effective from the specified assessment year. Central Government notification, under the statutory power conferred by clause (v) of sub section (23C) of section 10 of the Income tax Act, 1961, designates Shri 108 Prannath Mandir Trust Dham, Panna as eligible for the income tax exemption under that provision, with effect from the assessment year 1977-78.
Tax exemption notification under section 10(23C)(v) recognizes Shri Jain Swetamber Bhandar Tirth as a notified entity. Notification exercising the Central Government's power under clause (v) of sub-section (23C) of section 10 of the Income-tax Act, 1961, formally recognizes Shri Jain Swetamber Bhandar Tirth, Rajgir as an entity notified for the purposes of that provision, effective for and from the assessment year 1973-74.
Notification under section 10(23C)(v): Cochin Devaswom Board recognised for statutory tax treatment from the stated assessment year. The Central Government, exercising powers under section 10(23C)(v) of the Income-tax Act, has notified Cochin Devaswom Board, Trichur as falling within that provision for the purpose of the Act, with effect from the assessment year 1972-73, thereby recognising the Board for the statutory tax treatment prescribed by the clause.
Notifies Delhi Council for Child Welfare u/s 10(23C)(iv)
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Income tax exemption recognition under section 10(23C)(iv): Delhi Council for Child Welfare notified as eligible from the assessment year. Notification under section 10(23C)(iv) of the Income tax Act notifies Delhi Council for Child Welfare as eligible under that provision; the Central Government issued S.O.222 to recognize the entity for the purposes of the provision and applied the recognition from the stated assessment year.
Supersedes Notification No. S.O. 576(E) dated the 21st July, 1977 - Central Government fixes with immediate effect eight per cent. as the rate referred to in the said clause (b)
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Tax rate fixation: specified percentage set under clause (b) of rule 6, Fourth Schedule, supersedes prior notification. Central Government fixes an eight percent rate under clause (b) of rule 6 of Part A of the Fourth Schedule to the Income-tax Act, 1961, effective immediately and superseding Notification No. S.O. 576(E) dated 21 July 1977 by Notification No. S.O. 615(E) dated 27 October 1978.
Notifies Sri Ahobila Mutt, Tamil Nadu u/s 10(23C)(v)
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Tax exemption notification: Sri Ahobila Mutt recognised as eligible under income tax provision, effective from the stated assessment year. The Central Government notifies Sri Ahobila Mutt, Tamil Nadu, as eligible for tax exemption as a charitable institution under the income tax provision, effective from the stated assessment year, and records the notification instrument and date of issue.
Approved Institution Indian Association for Radiation Protection, Bombay u/s 35(1)(ii)
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Approval as Scientific Research Association subject to separate research accounts and annual returns to the prescribed authority. The Indian Association for Radiation Protection, Bombay was approved as a Scientific Research Association in medical research under the Income-tax Act by the prescribed authority, subject to maintaining a separate account for sums received for scientific research and furnishing annual returns of its scientific research activities to the Council each financial year by 31 May in the prescribed form; the approval is effective for a specified limited period.
Section 10(23C)(v) notification: Arulmigu Arunachaleswarar Temple recognised for tax-exempt status effective from assessment year 1975-76. Notification under section 10(23C)(v) of the Income tax Act, 1961, by which the Central Government recognises Arulmigu Arunachaleswarar Temple, Thiruvannamalai, for the purposes of that provision with effect from the assessment year 1975-76.
Approved Institution The Research & Documentation Centre in Social Welfare and Development, Bombay u/s 35(1)(iii)
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Approval under section 35(1)(iii) extended for a research institution, maintaining its income-tax deduction eligibility and compliance conditions. The Indian Council of Social Science Research has extended approval for The Research & Documentation Centre in Social Welfare and Development, Bombay, as an approved institution under the Income-tax Act provision for research institutions, subject to prescribed conditions, for a further three-year period effective from 1 April 1978 to 31 March 1981, preserving its entitlement to related tax benefits.
Approved Institution The Institute for Cancer Research, North Bengal Medical College & Hospital, Sushrutanagar, Distt. Darjeeling u/s 35(1)(ii)
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Scientific Research Association approval requires maintaining separate research accounts and filing annual returns on research activities. The Institute for Cancer Research, North Bengal Medical College & Hospital is approved as a Scientific Research Association under section 35(1)(ii), subject to maintaining a separate account of sums received for medical research and furnishing annual returns of its scientific research activities to the prescribed authority in the form and by the deadline specified.
Notifies Sri Jyotirmath (Badrikashram), Himalaya u/s 10(23C)(v)
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Income-tax exemption under section 10(23C)(v) notification for Sri Jyotirmath (Badrikashram) effective from assessment year 1976-77. The Central Government, under clause (v) of sub-section (23C) of section 10 of the Income-tax Act, 1961, notifies Sri Jyotirmath (Badrikashram), Himalaya, as entitled to income-tax exemption for the purpose of that section, effective from the assessment year 1976-77 by Notification No. S.O.3339 dated 9-10-1978.
Notifies Trikkanand Triyambakeswara Temple, Pallikkare, to be a place of public worship of renown throughout the State of Kerala u/s 80G
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Designation of place of public worship: Trikkanand Triyambakeswara Temple notified for tax exemption under Income Tax Act. Notification designates Trikkanand Triyambakeswara Temple, Pallikkare, as a place of public worship of renown throughout the State of Kerala, issued by the Central Government under the Income-tax Act to record the temple's status for the Act's tax-related provisions.
Customs and excise amendments reshape valuation, refund limits, recovery powers, and duty deferment for Advance Licence imports. The Act amends customs, central excise, and revenue-board law by revising valuation, limitation, refund, recovery, warehousing, revision, and delegation ... Summary
Customs and excise amendments reshape valuation, refund limits, recovery powers, and duty deferment for Advance Licence imports.
The Act amends customs, central excise, and revenue-board law by revising valuation, limitation, refund, recovery, warehousing, revision, and delegation provisions, while introducing powers to waive duties not levied or short-levied because of a generally prevalent practice. It also creates a duty deferment mechanism for Advance Licence imports subject to export obligation, with adjustment against drawback, interest on unpaid duty, and possible bond conditions. On the excise side, it provides for remission of duty on natural shortages, recovery of duty not levied or refunded, a structured refund regime, and revised appellate and revisional procedures.
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