Scientific research expenditure approval for a college requires separate audited accounts and certified donation statements.
Thiagarajar College of Engineering, Madurai is approved as an organisation under clause (ii) of sub-section (1) of section 35 of the Income-tax Act, read with Rules 5C and 5E, as a 'College' partly engaged in research. The approval is subject to utilisation of sums for scientific research, conduct of research by faculty or enrolled students, maintenance of separate books of accounts with audit by a qualified accountant and timely submission of the audit report, and a separate auditor-certified statement of donations and amounts applied for research. Approval may be withdrawn for non-compliance or cessation of genuine research activities.

Scientific research expenditure approval: institute qualifies subject to separate accounts, audit and certified donations reporting.
Giri Institute of Development Studies, Lucknow is approved for clause (iii) of sub section (1) of section 35, read with rules 5C and 5E, from assessment year 2009 10 as an "other institution partly engaged in research activities" on conditions: use of sums for social science research; research executed by faculty or enrolled students; maintenance of separate books for research receipts and expenditure; audit of those books by a defined accountant and submission of the audit report by the income tax return due date; and provision of an auditor certified statement of donations and sums applied for research.

Scientific research expenditure approval enables organisations to obtain approved status subject to audit, separate accounts and reporting requirements.
Approval is granted for purposes of scientific research expenditure recognition subject to the organization conducting bona fide social science and statistical research through faculty or enrolled students and using received sums exclusively for such research. The organization must maintain separate books of account for research receipts and expenditures, obtain an audit by a qualified accountant, submit the auditor's report by the income tax return due date, and provide a certified statement of donations and amounts applied to research. The Central Government may withdraw approval for failure to maintain accounts, furnish required reports, cease genuine research, or otherwise fail to comply with statutory conditions.

Approval under Section 35(1)(iii) conditions tax treatment of contributions to approved research institutions, subject to accounting and audit compliance.
Mother's Service Society, Puducherry is approved for purposes of clause (iii) of sub section (1) of section 35 as an 'other institution' partly engaged in research; sums paid must be used for social science research conducted by faculty or enrolled students. The approval is conditional on maintaining separate books for research receipts and expenditures, obtaining and filing an auditor's report by the income tax return due date, and filing a certified statement of donations and sums applied to research. The Central Government may withdraw approval for failure to comply, cessation or lack of genuine research activity, or nonconformity with the statutory provisions.

Scientific research approval conditions: donations qualify only when recipient institution maintains separate audited accounts and reporting.
The Institute of Road Transport, Chennai is approved as an approved organization in the 'other Institution' category for scientific research expenditure purposes, subject to utilization of funds for research, research being carried out by faculty or enrolled students, maintenance of separate books of account for research receipts and applications, audit of such books by a qualified accountant with the audit report furnished to tax authorities by the income-tax return due date, and a certified statement of donations and amounts applied for research; approval may be withdrawn for non-compliance or cessation of genuine research.

Scientific research approval requires use-of-funds, audited separate accounts, and auditor-certified donation statements for tax recognition.
Diabetic Association of India, Mumbai is approved under section 35(1)(ii) read with Rules 5C and 5E subject to conditions: donations must be used for scientific research conducted by faculty or enrolled students; separate books of account for research funds must be maintained and audited by a qualified accountant with the audit report furnished by the return due date; and a separate auditor-certified statement of donations received and amounts applied to research must accompany the audit report. The Central Government may withdraw approval for failures to maintain accounts, furnish the audit report or donation statement, cessation or non-genuineness of research activities, or non-compliance with statutory conditions.

Tax exemption approval for an educational institution subject to income application, permitted investments, recordkeeping and dissolution rules.
Approval is granted to an educational institution for tax-exempt status for the assessment year onward, conditioned on exclusive application or accumulation of income for its objects, permitted modes of investment, exclusion of non-incidental business income unless separately accounted, regular filing of income-tax returns, transfer of surplus and assets on dissolution to a similar charitable organization, and non-application to anonymous donations under the specified proviso.

Valuation of perquisites revised; governs employer provided benefits valuation and fair market value for employee stock options.
Determination of the value of perquisites for salaried taxpayers is restated by substituted Rule 3, prescribing valuation methods for residential accommodation, motor car use, domestic services, utilities, education, travel, food, gifts, credit card and club expenses, use or transfer of movable assets, and other amenities. Valuations use prescribed percentages of salary, actual employer expenditure, fixed monthly amounts, cost to the employer, or fair market value for securities, reduced by amounts paid or recovered from the employee. Documentary and certification conditions permit attribution of higher official-use reductions. The rule has a stated effective date and Rule 40F limits application for later assessment years.

Specified territory under section 90A designates Taiwan taxation jurisdiction and recognizes two specified associations for tax purposes.
The notification designates as specified territory the territory where the taxation law administered by the Ministry of Finance in Taipei applies, and as specified association the India-Taipei Association in Taipei and the Taipei Economic and Cultural Centre in New Delhi for the purposes of section 90A of the Income-tax Act.

Jurisdictional allocation of income-tax Commissionerates clarified; territorial and taxpayer-category assignments defined, effective from 1 January 2010.
Amendment substitutes Schedule-I entries for serial numbers 179 and 182, defining territorial limits and taxpayer categories for Commissioner of Income-tax, Jaipur-III and Commissioner of Income Tax, Kota, allocating persons by residence, principal place of business, company registration status, source of income (including specified professions and salary cases) and other categorical distinctions; notification issued under section 120 of the Income-tax Act takes effect from 1 January 2010.

Specified income designation treats event receipts like broadcasting, sponsorship and ticketing as specified income under the tax exemption framework.
The Central Government designates the Organising Committee Commonwealth Games, 2010 Delhi as the person to whom specified income treatment under clause (39) of section 10 of the Income tax Act applies, and identifies receipts from international broadcasting, domestic broadcasting, sponsorship, ticketing, licensed merchandise and donations as specified income for that purpose.

Approval under section 35(1)(ii) permits research-donation claims to approved institutions subject to audit, accounting and use conditions.
Approval under section 35(1)(ii) has been granted to Institute of Scientific Research on Vedas (I-SERVE), Hyderabad, as an 'other Institution' partly engaged in scientific research, subject to conditions: sums must be utilized for scientific research carried out by faculty or enrolled students; the organization must maintain separate books for research receipts and expenditures, obtain and furnish an audit report by a qualified accountant by the return due date; and maintain an auditor-certified statement of donations and amounts applied for research. Approval may be withdrawn for non-compliance or cessation of genuine research.

Research approval under section 35 conditional on social science use, audit, reporting and maintenance of separate accounts.
Approval is granted to Great Lakes Institute of Management, Chennai under clause (iii) of sub-section (1) of section 35, read with rules 5C and 5E, subject to conditions: sums must be used for social sciences research; research via faculty or enrolled students; maintenance of separate books for research receipts and application; audit by a defined accountant with the audit report filed by the income-tax return due date; and an auditor certified statement of donations and amounts applied for research must accompany the audit report.

Approval under section 35(1)(ii): tax benefit eligibility conditioned on research use, separate accounts and audited report.
Approval is granted to Noorul Islam Educational Trust as a college partly engaged in scientific research for section 35(1)(ii) purposes from assessment year 2009-10, subject to conditions: receipts must be used for scientific research; research conducted by faculty or enrolled students; separate books of account for research receipts and expenditure must be maintained and audited by a qualified accountant; and a separate auditor-certified statement of donations and amounts applied for research must accompany the audit report filed with the tax authority by the income-tax return due date.

Tax approval for research institution enables tax-favourable treatment of donations when funds are used for social science research.
Approval recognises IRADe as an "other Institution" partly engaged in research under Section 35(1)(iii), subject to conditions: sums must be used for social science research carried out by faculty or enrolled students; separate books and a separate statement of donations and amounts applied to research must be maintained; research-related books must be audited by a qualified accountant and the audit report and auditor-certified donation statement furnished to the tax authorities by the due date. Approval may be withdrawn for failures to maintain accounts, furnish reports, cease genuine research, or otherwise not comply with the statutory conditions.

Research approval for charitable research donations - eligibility, compliance and audit requirements determine continued recognition.
Approval under section 35(1)(ii) has been granted to The Foundation for Research in Community Health, Mumbai, as an 'other Institution' partly engaged in research, subject to conditions: utilisation of sums for scientific research; research carried out by faculty or enrolled students; maintenance of separate books of account for research receipts and expenditures with an audit by a qualified accountant and submission of the audit report to the tax authorities by the return due date; and a separate auditor-certified statement of donations and amounts applied to research to accompany the audit report.

Research approval under section 35 conditions tax recognition on audited separate accounts and bona fide scientific research compliance.
Approval is granted to Gandhi Memorial Leprosy Foundation, Wardha, as an institution partly engaged in research under section 35, subject to conditions that payments be used for scientific research, research be carried out by faculty or enrolled students, separate books of accounts for research be maintained and audited by a qualified accountant, and that the audited report and a certified statement of donations and amounts applied for research be furnished to the tax authority by the due date for filing the income-tax return.

Dispute Resolution Panel procedure governs filing objections, hearings, evidence and directions leading to assessment orders.
The rules set procedural framework for Dispute Resolution Panels under section 144C: panels are constituted with three named Commissioners and a secretariat to receive objections; eligible assessees file objections in Form No.35A in quadruplicate with specified documents; the panel issues notices, calls records, hears objections, may permit additional evidence, and issues directions within the specified time; assessing officers must pass assessment orders in accordance with those directions; the panel may rectify apparent errors, and appeals against such assessment orders are to the Appellate Tribunal in Form No.36B with prescribed documentary and filing requirements.

Tax-exemption eligibility confirmed for an educational trust under statutory approval, subject to ongoing compliance with income-tax rules.
Bagaria Education Trust, Jagatpura Jaipur is approved for the purpose of the Income-tax Act exemption provision for educational institutions, effective for assessment year 2009-10 and onwards, under the authority of the relevant sub-clause of clause (23C) of section 10 read with rule 2CA of the Income-tax Rules. The approval is conditional on the society conforming to and complying with that sub-clause and rule 2CA, as notified by S.O. 3183 dated 19th November 2009.

Exemption under section 35AC extended for an eligible primary health care home visit program for a further three year period.
Exemption under section 35AC is extended to the "Intensive home visit program is the door to reach the primary health care" by Vivekananda Swasthaya Seva Sangha as an eligible project for a further three years beginning with financial year 2009-2010, with the approved project cost of Rs.1.74 crore retained.