Tax-free pooled finance bonds specified to fund municipal water and sewerage projects, subject to guideline compliance.
The Central Government specifies Tax-free Pooled Finance Development Bonds under the Pooled Finance Development Fund Scheme, issued by the Water and Sanitation Pooled Fund, Tamil Nadu as the State Pooled Finance Entity, to part-fund projects by seven Urban Local Bodies for water supply and underground sewerage; tenure is ten years with a five-year principal moratorium and interest capped not exceeding eight percent per annum. Specification is subject to adherence to Ministry of Urban Development guidelines and issuance within twelve months of the notification's gazette publication.

Interest exemption: treaty inclusion of Finnish export financing institutions makes interest paid to them tax exempt in source country.
By mutual agreement of the competent authorities, FINNVERA and Finnish Export Credit are included in the list under item (ii) of sub paragraph (a) of paragraph 3 of Article 12 of the India-Finland Convention so that interest arising in India and paid to those institutions is exempt from Indian tax when paid on or after 28 August 2007.

Research institution approval under Section 35(1)(ii) requires use-of-funds, audit, and certified donation reporting for compliance.
Lokmanya Medical Research Centre, Pune is approved under Section 35(1)(ii) effective 1-4-2006 as an institution partly engaged in research, subject to conditions: funds must be used for scientific research; research conducted by faculty or enrolled students; separate books for research receipts and expenditures must be maintained and audited by a qualified accountant with the audit report filed by the income-tax return due date; and a certified statement of donations and amounts applied for research must accompany the audit report. Approval may be withdrawn for failures to comply or for non-genuine or ceased research activity.

Industrial Park Scheme eligibility ensures tax incentives only after approval, compliance and minimum unit occupancy are satisfied.
The Industrial Park Scheme, 2008 provides a regulatory framework for notification of undertakings that develop, operate or maintain industrial parks to obtain tax incentives, defines key terms and limits eligible activity to manufacturing, prescribes an approval process administered by the tax board, and sets substantive approval criteria including allocable area allocation, a minimum number of industrial units, minimum constructed floor area, unit occupancy limits, single undertaking ownership and separate accounting and annual reporting; approval may be withdrawn for non compliance after hearing.

Eligibility of industrial parks for tax benefits under section 80-IA requires central notification and ongoing scheme compliance.
Eligibility for benefits under section 80-IA requires an undertaking to begin developing, developing and operating, or maintaining and operating an industrial park within the prescribed commencement window; the undertaking and park must be notified under the Industrial Park Scheme, 2008; and the undertaking must continue to fulfill the Scheme's conditions to retain entitlement.

Scientific research expenditure approval conditioned on audited accounts and use for social science research; noncompliance risks withdrawal of approval.
Kripa Foundation, Mumbai is approved under Section 35(1)(iii) as an 'other Institution' from 1-4-2002, subject to conditions: use of sums for social science research; research conducted through faculty or enrolled students; maintenance of books of account and an audit by a qualified accountant with the audit report filed by the return due date; and a separate auditor-certified statement of donations received and amounts applied to research. Approval may be withdrawn for failure to maintain books, furnish the audit report or certified statement, cease genuine research activity, or otherwise fail to comply with clause (iii) and rules 5C and 5E.