Tax exemption for specified charitable project extended following National Committee recommendation, preserving donor deduction eligibility.
Central Government specified the ambulance van and medicines scheme for B.M.B. Sarvajanik Hospital, carried out by Shree Veda Govindpura Sarvajanik Davakhanu, as an eligible project under the Explanation to section 35AC. The National Committee recommended further specification after finding proper execution, and the Government specified the project for an additional three years beginning with the assessment year 2001-2002 at the estimated cost stated in the notification.

Amendment to tax deduction provision expands eligible project scope and raises permissible deduction ceiling for specified charities.
The notification amends the entry for a specified charitable institution in the table of the earlier notification by expanding the eligible project description to include medical care for cancer patients and by substituting a higher monetary ceiling for the maximum cost of the approved project that may be allowed as a deduction under the relevant Income tax provision.

Exemption under section 35AC extended to a specified charitable hospital and school project, allowing continued tax-deductible support.
The Central Government specifies the project of construction, equipment and running of a 30-bed hospital and a high school at Heggadevanakote taluk, Mysore District, by Swami Vivekananda Youth Movement as an eligible project under section 35AC for a further two years beginning with the assessment year 2001-2002, following a National Committee recommendation and subject to the estimated project cost set out in the notification.

Tax exemption under section 35AC extends eligibility of a polio hospital rehabilitation and research project for three more years.
The Central Government, acting on a recommendation of the National Committee that the Polio Hospital, Rehabilitation and Research Centre at Hiran Magri, Udaipur, carried out by Narayan Seva Sansthan is being executed properly, specifies the project as an eligible scheme under the statutory exemption for a further three-year period beginning with the stated assessment year; the specification names the implementing organisation and states the estimated project cost and corpus fund as part of the eligibility declaration.

Exemption under income-tax provisions extended for hospital equipment and operations, preserving donor tax benefits for the specified project.
The Central Government re-specifies the project of procuring equipment and running Ashirward Eye and General Hospital at Dehgam, Ahmedabad, carried out by Vithalbhai Foundation, as an eligible project under the Income-tax Act for a further three-year period beginning with the assessment year 2000-2001, following a National Committee recommendation that the project is being executed properly and is likely to extend beyond the original three-year term.

Project eligibility under section 35AC extended for Ayurvedic hospital construction, renewing tax-exempt status for a further period.
Central Government specifies extension of section 35AC tax-exemption eligibility for the construction of a building with modern amenities for an Ayurvedic hospital at Zadeshwar, Gujarat, carried out by Shri Anantlal Tribhovandas Shah Ayurvedic Sarvajanik Hospital, as an eligible project or scheme for a further three-year period beginning with the assessment year 2001-2002, following the National Committee's recommendation.

Exemption under section 35AC extended for watershed and village development scheme, enabling continued tax deductible contributions.
Exemption under section 35AC is specified for the watershed development and integrated village development scheme in Konkan and Panvel/Pen talukas; the National Committee recommended, and the Central Government approved, a further three year specification of the same project as eligible under the Explanation to section 35AC, enabling continued application of the section 35AC exemption mechanism for that period.

Exemption under section 35AC extends eligibility for Rotary Club Nadiad vocational training centre for three more assessment years.
Central Government specified the construction, equipment purchase and furnishing of a Vocational Training and Rehabilitation Centre at Nadiad by Rotary Club Nadiad Samaj Seva and Sansodhan Trust as an eligible project under the Explanation to section 35AC, for a further three-year period beginning with the assessment year 2001-2002, recording an estimated project cost and an associated corpus fund after a National Committee recommendation on extension.

Exemption under section 35AC extended for specified charitable healthcare and educational project; period and estimated cost revised.
The Central Government re-specifies the Shree Jalaram Janseva Trust's scheme for equipping and running an eye hospital, ayurvedic clinic, homeopathy clinic and educational activities at Dharmaj, District Kaira, Gujarat, as an eligible project for Income-tax exemption, fixing the estimated project cost at eighty-six lakhs and extending the specification for a further three years beginning with the assessment year 2001-2002 following the National Committee's recommendation.

Exemption under section 35AC: primary health project by Dalmia Bharat Seva Trust specified as eligible for extended period.
The Central Government specified the primary health project by Dalmia Bharat Seva Trust in 30 villages of Sundergarh District as an eligible project for exemption under section 35AC for a further three-year period beginning with assessment year 2001-2002, following a National Committee recommendation and amendment of the estimated project cost to ten lakhs.

Tax exemption under section 35AC extended for a technical school project, confirming continued eligibility after committee recommendation.
The Central Government specified the construction, equipment and running of a technical school at village Sola by Shri Purushotam Seva Trust, Advance Technology Management Association as an eligible project for tax exemption under the enabling statutory provision, and, following a National Committee recommendation under the Income-tax Rules, notified a further three-year specification beginning with the stated assessment year, confirming continued project eligibility and identifying the executing trust and estimated project cost.

Exemption under section 35AC: eligible braille press project specified for further tax-exempt period by government notification.
Central Government re-specifies as eligible for exemption under the Explanation to section 35AC the Blind Persons' Association project comprising construction of buildings for a braille press, library, blind school, auditorium and dormitory, purchase and operation of braille press equipment, and running of the Braille Press Complex at Vidyapalli, Malanda, Mahinagar, South-24 Parganas, for a further three-year period following a National Committee recommendation.

Exemption under section 35AC extended for Surya Foundation project, continuing its specified eligibility and tax benefit period.
The Central Government re specifies the project of construction, equipment, vehicle and furnishing of Surya Nature Cure and Yoga Research and Training Centre by Surya Foundation at Kareem Sonnenahalli, Bangalore Rural, as an eligible project or scheme for a further period of three years beginning with the assessment year 2001-2002, following the National Committee's recommendation that the project is being executed properly and will extend beyond the original three year period.

Exemption under section 35AC renewed for Mahavir Jeevan Raksha Foundation's surgical aid scheme, extending its eligible period.
The Central Government specifies the Mahavir Jeevan Raksha Foundation's scheme of providing financial aid for major surgical operations as an eligible project for tax exemption under the statutory provision, and, on the National Committee's recommendation, renews that specification for a further three year period beginning with the assessment year 2001 2002 at an estimated cost of one crore.

Tax exemption provision: approval of listed charitable projects grants specified deduction eligibility for their declared costs.
Notification approves named institutions and specifies eligible projects or schemes with estimated costs and the maximum amount of such cost allowable as a deduction under the tax exemption provision; it covers projects including housing, medical, education and rural health services and operates for a three year period for the listed assessment years, with recorded substitutions to certain cost figures.

Tax exemption under section 10(23C)(via) notified for a medical society, conditional on compliance and regular tax filings.
Notification under section 10(23C)(via) notifies M. P. Birla Foundation Medical Society, Calcutta, as eligible for tax-exempt status for specified assessment years, subject to conformity with the requirements of that sub-clause read with the applicable procedural rule and conditioned on regular filing of income-tax returns in accordance with the Income-tax Act.

Tax exemption approval for hydroelectric infrastructure granted subject to compliance and possible withdrawal for specified non compliance.
Approval is granted to Samal Barrage Hydro Electric Project by Orissa Power Consortium Ltd. for tax exemption under the income tax framework for specified assessment years, conditional on compliance with the governing provision and rules, maintenance of books of account, audit by a qualified accountant, and furnishing of the prescribed audit report; the Central Government may withdraw approval if the undertaking ceases to provide an infrastructure facility or fails to meet the accounting, audit or reporting requirements.

Income-tax form SARAL replaces the prior individual return form, standardising income heads, tax computation and refund details.
The Central Board substitutes Appendix II Form No. 2D with a new Form No. 2D (SARAL) for non-corporate assesses, effective on Gazette publication. The form collects identification, residence and assessment year details, bank account and credit card information for refunds, and schedules income by head (salary, house property, business/profession, capital gains, other sources). It prescribes computation entries for gross total income, Chapter VI-A deductions, taxable income, tax calculation (normal and special rates), rebates, surcharge, TDS, advance tax, interest, self-assessment tax, balance payable/refundable, and a verification declaration.

Income-tax return form conditions redefine immovable property and motor-vehicle disclosures and add receipt verification fields.
Amendment revises Income-tax Form No. 2C: heading clarifies applicability to assessees under the first proviso to section 139; eligibility items now require disclosure of occupation of immovable property exceeding a specified floor area per notifications and of ownership or lease of motor vehicles other than two-wheelers. The form's date-of-birth field is reformatted, Part II's motor-vehicle question is restated, and the verification block is expanded to include receipt number, receipt date, seal and receiving official's signature.

Rule amendment: substitution of income-tax return Form 2A for resident individual and HUF returns notification.
The Central Board of Direct Taxes, exercising powers under section 295 of the Income-tax Act, 1961, issued the Income-tax (Fifth Amendment) Rules, 2000 by notification dated 11-5-2000, to come into force on publication in the Official Gazette, and substituted a new Form No. 2A in Appendix II of the Income-tax Rules, 1962 as the income-tax return form for resident individuals and Hindu Undivided Families.