Section 35AC name correction: trust name substituted to clarify eligible project designation under existing notification.
Corrigendum to a notification under Section 35AC substitutes the recorded beneficiary name "Special Olympics Gujarat Chapter" with "Special Olympics Gujarat Charitable Trust" in the specified Gazette entry, ensuring the notification identifies the correct charitable entity and its address for the eligible project listing.

Eligible projects under section 35AC notified: institutions approved with specified project costs and deductible limits for set financial years.
The Central Government notifies specified institutions and approves their projects as eligible under section 35AC, listing each project's estimated cost, any corpus fund component, and the maximum amount allowable as a deduction for the stated multi-year approval periods, with individual projects assigned two- or three-year windows during which contributions qualify for the prescribed deduction treatment.

Tax exemption for foreign technical services: income to notified Australian firm for Seabird project excluded from taxable income.
The Central Government declares that any income arising to Sinclair Knight Merz Pty Limited, Australia, by way of fees for technical services received pursuant to the agreement dated 27 November 2009 for providing services in or outside India in the Seabird (Phase II-A) project connected with the security of India shall not be included in computing the total income of the company under the Income-tax Act, 1961.

Research institution approval ensures tax-deduction eligibility subject to audit, separate accounts and donation reporting requirements.
Approval for Petroleum Conservation Research Association as an other institution partly engaged in scientific research requires utilisation of sums for scientific research; research to be carried out by faculty or enrolled students; maintenance of separate books for research receipts and applications; audit of those books by a qualified accountant with the audit report furnished to tax authorities by the return due date; and a certified statement of donations and amounts applied to research to accompany the audit report.

Approval under Section 35(1)(ii) mandates research-use of funds plus strict audit and reporting compliance or approval withdrawal.
Approval under Section 35(1)(ii) for Public Health Foundation of India is conditional on use of receipts for scientific research, conducting research through faculty or enrolled students, maintaining separate books for research funds, securing an audit of those books by a defined accountant and furnishing the audit report by the income-tax return due date, together with an auditor-certified statement of donations and amounts applied to research; the Central Government may withdraw approval for specified failures to maintain accounts, furnish reports, or for cessation or non-genuine research activity.

Scientific research expenditure approval requires company-funded research by own staff and strict audit and reporting compliance.
Approval is granted to M/s. Advinus Therapeutics Pvt. Ltd. as an approved company for scientific research expenditure, conditional on using sums solely for scientific research carried out by its own employees with its own assets, maintaining separate books for research receipts and expenditure, obtaining an accountant's audit of those books and filing the audit report and auditor-certified donation statement with the tax commissioner by the income-tax return due date, and annually furnishing details of research activities, publications, patents and forthcoming research programs with financial allocations.

Section 35(1)(iii) approval permits tax recognition for research institutions subject to research-use and audited reporting conditions.
Notification approves Mahila Mandal Barmer Agor as an other Institution partly engaged in research for tax recognition from assessment year 2009-2010, subject to conditions: sums must be used for social science research; research conducted via faculty or enrolled students; separate books of account for research receipts and application; audit by a qualified accountant with the audit report filed by the income tax return due date; and a separate auditor certified statement of donations and amounts applied for research.

Research approval under section 35: conditions require research use, audited separate accounts, and certified donation statements.
Approval under section 35(1)(ii) has been granted to Asian Health Care Foundation, Hyderabad, from assessment year 2008-09 as an institution partly engaged in research, subject to conditions: use of sums for scientific research; research carried out by faculty or enrolled students; maintenance of separate books of account for research receipts and expenditures; audit of those books by a defined accountant and furnishing the audit report to tax authorities by the return due date; and maintenance of an auditor-certified statement of donations and amounts applied to research to accompany the audit report. The Central Government may withdraw approval for specified failures to comply.

Research funding approval under section 35 permits donations to approved in house R&D units subject to strict accounting and reporting conditions.
Approval is granted to M/s. Nissan Ashok Leyland Technologies Ltd. as an other Institution engaged in research under clause (iia) of sub-section (1) of section 35 read with rule 5F for specified assessment years, conditional on use of sums for scientific research, conducting research with company employees and assets, maintenance of separate books of account for research receipts and expenditures, audited accounts and an audited statement of donations, and annual furnishing of a research activity statement; non compliance may prompt Commissioner reporting and withdrawal of approval.

Industrial Park Approval: Kolte Patil granted Section 80 IA(4)(iii) notification subject to occupancy, area and compliance conditions.
The Central Government notifies M/s Kolte Patil Developers Limited's Project Giga Space at Lohgaon, Pune, as an industrial park under clause (iii) of sub section (4) of section 80 IA read with Rule 18C, subject to conditions including minimum constructed floor area of 15,000 sq. metres, at least 75% allocable area for industrial use, maximum 10% commercial use, minimum thirty industrial units (associated enterprises counted as one), ownership by the notifying undertaking, separate books and timely returns, annual Form IPS II reporting, and invalidation/withdrawal for misinformation or non compliance.

Tax deduction at source deadlines clarified and electronic quarterly reporting mandated, with specified certificate and remittance procedures.
Amendments prescribe the time and mode of payment to the Central Government for sums deducted or collected under specified withholding provisions, including same day remittance by Government deductors, one week remittance from month end in general, and specific two month plus one week timing where income is credited as of account closing dates. Tax paid under section 192(1A) and tax collected under section 206C follow analogous deadlines, remittance into authorised banks accompanied by challan (except Government remitters), with limited Assessing Officer authority to permit quarterly remittances in special cases.

Zero coupon bond specified: Bhavishya Nirman Bond terms set for issuance, maturity value, discount and conditions.
The notification specifies the Bhavishya Nirman Bond as a ten year zero coupon bond of NABARD, fixes the bond life at ten years, requires issuance by the announced deadline, sets a fixed redemption amount per bond, leaves the discount to be decided by NABARD at issue, and specifies the total number of bonds; the specification is subject to fulfillment of the conditions in the applicable sub rules of the Income tax Rules, 1962.

Tax-free Railway Bonds permitted with tranche-based interest, subject to mandatory registration of each bondholder.
Authorisation under section 10(15)(iv)(h) permits issuance of tax-free secured, redeemable, non-convertible Railway Bonds in tranches with interest varying by size and tenor, subject to aggregate issuance limits; the interest exemption is admissible only if each holder registers their name and holding with the issuer.

Scientific research approval: conditions require exclusive use of donations, audited accounts, and certified donation statements.
Approval is granted to M/s Sunder Lal Jain Charitable Eye Hospital as an other institution partly engaged in research, subject to conditions: research funds must be used for scientific research; research must be carried out 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 filed by the return due date; and a separate auditor-certified statement of donations and amounts applied to research must accompany the audit report. Approval may be withdrawn for failures relating to accounts, reports, donation statements, genuine research activity, or regulatory non-conformity.

Scientific research expenditure approval: institution's eligibility conditioned on research use, separate accounts, audited reports and donor statements.
Approval under Section 35(1)(iii) is accorded to The Indian Law Institute as an 'other Institution' partly engaged in research, on condition that sums received are used for social science research conducted by faculty or enrolled students, separate books of account for research receipts and expenditure are maintained and audited by a qualified accountant with the audit report furnished with the income-tax return, and a separately certified statement of donations and amounts applied to research is maintained and submitted. Approval may be withdrawn for non-compliance with these requirements or cessation of genuine research activity.

Scientific research approval under section 35 permits donations for research subject to separate accounting, audited reports, and compliance.
Approval under section 35(1)(ii) is accorded to M/s. School of Human Genetics and Population Health, Kolkata, from assessment year 2008-2009 as an approved research institution, subject to conditions that sums received be used for scientific research conducted by faculty or enrolled students, maintenance of separate books and a separate statement of donations and applications, audit of those books by a defined accountant, and furnishing the auditor's report and certified statement to the tax authorities by the return due date.

Deduction for donations to specified sports expanded; additional disciplines now qualify for tax deduction under section 80G.
Amendment under section 80G inserts specified sports disciplines into the notified list of recipients whose donations qualify for deduction, adding Baseball, Fencing, Handball, Ice Hockey, Karate, Kayaking and Canoeing, Netball, Sepak Takraw, Snooker, Soft Tennis, Taekwondo, Triathlon, Winter Games (Skiing and Ice Skating) and Wushu. The amendment provides that donations to these newly listed items shall be eligible for deduction for assessment year 2010-11 and subsequent assessment years.

Valuation of perquisites corrected: textual references and reimbursement wording clarified in tax amendment notification.
Corrigendum to Income-tax (Thirteenth Amendment) Rules, 2009 corrects textual references and formulations relating to valuation of perquisites, replacing certain "sub-section" references with "clause" or "sub-clause", clarifying that employer charges met or reimbursed are to be reduced by the amount attributable to official vehicle use where conditions are met, and fixing typographical errors such as "credit care" to "credit card", with other contents remaining unchanged.

Tax deduction at source on interest: government notifies Rural Electrification Corporation Ltd for purposes of the statutory clause.
The Central Government, invoking powers under sub-clause (f) of clause (iii) of sub-section (3) of the income-tax provision, formally notifies the Rural Electrification Corporation Ltd., New Delhi for the purposes of the clause governing tax deduction at source on interest other than interest on securities.