Research approval under section 35(1)(iii) conditions accounting, annual returns, audited accounts and timely renewal for eligibility.
Approval is granted to the Centre for Studies in Decentralised Industries, Bombay as an Institution under clause (iii) of subsection (1) of section 35 of the Income-tax Act, subject to maintaining separate accounts for scientific research, furnishing annual returns by 31 May, submitting audited accounts and balance sheet to the prescribed authority by 30 June with copies to the tax authorities, and applying for extension at least three months before expiry; approval effective from 16 July 1986 to 31 March 1988.

Research approval conditioned on separate research accounts, annual returns, audited accounts and timely renewal application.
Approval is granted to the Universal Digital Communication Research Institute, New Delhi, as an approved institution for research-related income-tax benefits under the statutory provision, subject to conditions. The Institute must maintain a separate account for research funds, file annual returns of scientific research activities by 31st May, and submit audited annual accounts and a balance sheet to the prescribed authority and tax administration by 30th June. The Institute must apply for extension of approval at least three months before expiry; late applications may be rejected.

Auxiliary duty amendment inserts a new notification reference into the customs exemption schedule, modifying tariff exemption listings.
The Central Government, invoking powers under the Customs Act and the Finance Act and satisfied of the public interest, amends the Schedule to Notification No. 209/87-Cus by inserting a new serial entry referencing Notification No. 222-Customs immediately after the existing serial entry numbered seventy-seven, thereby formally adding that notification to the list of miscellaneous exemption notifications.

Exemption for light commercial vehicle components: conditional customs duty relief tied to certification, approved programme and usage undertakings.
Conditional customs duty relief is provided for components of light commercial motor vehicles for manufacture of vehicles with payload not exceeding 4,000 kilograms, exempting duty in excess of an amount at 10% ad valorem and the additional duty under Section 3, subject to certification of component lists by Industrial Advisers, importation under a Ministry-approved programme, and importer undertakings to use components as specified, maintain certified accounts and produce extracts within three months or pay differential duty on failure. From 1 July 1987 applicability is limited to components for vehicles certified as fuel-efficient based on prescribed fuel-efficiency tests and thresholds.

Central Excise tariff amendment alters tariff classification, expanding specified headings in the exemption table under rule eight authority.
The Central Government, exercising powers under sub-rule (1) of rule 8 of the Central Excise Rules, 1944, amends Notification No. 62/86 by substituting the figures in column (2) against Sl. No. 1 of the annexed Table, replacing the previously specified figure with a revised composite tariff entry, thereby altering the tariff classification in the exemption schedule.

Credit restriction for paper inputs caps admissible duty credit per tonne or at the actual duty paid for manufacturing use.
Proviso restricts credit of specified duty on inputs of paper and paperboard (excluding those from free trade zones or hundred per cent export oriented undertakings) classifiable under Chapter 48 and used in manufacture in India, capping admissible credit at a specified amount per tonne or the actual duty paid, whichever is less.

Exemption conditions for articles from unrecorded audiovisual media clarified, restricting eligibility to specified non sale or public broadcasting supplies.
Substitution limits the exemption at S. No. 11 to articles made from unrecorded articles falling under heading No. 85.23 and subjects exempted articles to three conditions: not intended for sale; intended for sale or supply as U-matic video tape formats of specified minimum width to the national public broadcaster; or intended for sale or supply to public broadcasting or other government departments within the Ministry of Information and Broadcasting.

Tax exemption notification: Trust recognized under section 10(23C)(iv) for specific assessment years by Central Government under Income Tax Act.
The Central Government, exercising the power conferred by clause (iv) of sub-section (23C) of section 10, notifies Sanjivani Trust, Bombay as eligible under that clause for the specified assessment years, thereby placing the trust within the statutory exemption framework for those years and linking its status to the statutory provision and the Act's exemption regime.

Notification under section 10(23C)(iv) recognizes a society's tax-exempt status for specified assessment years.
Central Government, by Notification No. S.O.2966 dated 19-5-1987, notifies Indian Meteorological Society, New Delhi, under clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961, recognizing the Society for the purposes of that clause for the assessment years 1985-86 to 1987-88.

Tax exemption notification under section 10(23C)(iv) recognizes Andhra Pradesh Scheduled Castes Co-operative Finance Corporation for specified assessment years.
Notification designates Andhra Pradesh Scheduled Castes Co-operative Finance Corporation Limited, Hyderabad as an institution covered by the tax-exemption provision under clause (iv) of sub section (23C) of section 10 of the Income-tax Act, specifying entitlement to that exemption for the assessment years 1985 86 to 1987 88.

Notification under section 80G: temple recognised as a place of public worship for tax-deduction purposes.
Central Government notification designates Sri Mahaganapathy Temple, Chathapuram, Palghat as a place of public worship of renown throughout the State of Kerala under the power conferred by clause (b) of sub section (2) of section 80G of the Income tax Act, thereby recognizing it for the Act's tax-deduction related purposes.

Historic importance designation under section 80G recognizes Arulmigu Sri Srinivasa Perumal Tirukoil for income-tax charitable status.
Notification designates Arulmigu Sri Srinivasa Perumal Tirukoil, Nachiarkoil, Tanjore District, as of historic importance for the purposes of the income tax regime under the statutory power conferred by clause (b) of sub section (2) of the Income tax Act, 1961, formally recognizing the temple for tax treatment linked to its charitable and historic status.

Tax exemption recognition granted to a religious charitable society under the charitable institutions clause for an assessment year.
Notification recognizes The Bombay Society of the Franciscan Sisters of Mary under clause (v) of sub section (23C) of section 10 of the Income tax Act for the assessment year 1987 88, issued by the Central Government as Notification No. S.O.1976 (F. No. 197/196/86 IT(A1)) dated 19 5 1987, declaring the society to fall within the specified exemption category for that year.

Tax exemption notification: Malankara Marthoma Syrian Church of Malabar recognised under Income tax Act provision for an assessment year.
The Central Government notifies Malankara Marthoma Syrian Church of Malabar under clause (v) of sub section (23C) of section 10 of the Income tax Act, 1961, recognising the institution for the purposes of that clause for the specified assessment year; the notification effects administrative recognition under the statutory tax exemption mechanism.

Tax exemption notification under section 10(23C)(v): Guru Gobind Singh Foundation recognised for specified assessment years.
Central Government notifies Guru Gobind Singh Foundation, Chandigarh under 10(23C)(v) of section 10 of the Income-tax Act, 1961, recognising the foundation for tax-exemption purposes for the stated assessment years and citing the notification number and file reference as the administrative instrument effecting that recognition.

Tax exemption under Section 10(23C)(v) notifies institutions for tax benefits in the specified assessment year.
Notifies two named institutions as entitled to tax-exempt status under Section 10(23C)(v) of the Income-tax Act, the Central Government designates (i) Sri Sarda Math, Calcutta and (ii) Ramakrishna Sarda Mission, Calcutta for the purpose of that clause for the assessment year, thereby placing both institutions within the statutory exemption framework for that year.

Exemption notification under section 10(23C) recognizes charitable status and entitlement to tax concession for an association.
Notification designates the Student Christian Movement of India, Bangalore as entitled to tax exemption under clause (v) of sub-section (23C) of section 10, with the Central Government formally recognizing the association's eligibility for the tax concession for the specified assessment years.

Section 10(23C)(v) notification: trust notified for specified assessment years under the Income tax Act by Central Government.
The Central Government, under clause (v) of sub section (23C) of section 10 of the Income tax Act, notifies Bala Mandir Kamraj Trust, Madras, for the purpose of that clause by Notification No. S.O.1971 dated 19 May 1987, applying the notification to the assessment years 1984 85 and 1986 87.

Tax exemption under section 10(23C)(v) notified for Sri Kailash Ashram Mahasamsthana for specified assessment years.
Notification designates Sri Kailash Ashram Mahasamsthana, Bangalore as eligible for tax-exempt status under section 10(23C)(v) of the Income-tax Act, 1961 for the assessment years 1985-86 to 1987-88, identifying the legal basis, beneficiary institution, and temporal scope of the exemption.

Section 10(23C)(v) notification: Shri Hariharaputra Bhajan Samaj registered as notified institution for specified assessment years.
Notification under section 10(23C)(v) designates Shri Hariharaputra Bhajan Samaj (Regd.), Bombay as a notified institution for the purpose of that clause, by Notification No. S.O.1969-1 dated 19-5-1987, specifically applying to the assessment years 1986-87 and 1987-88.