Exemption under Section 35AC: Project Annalakshmi specified as eligible scheme for tax-exempt donations to provide free hospital meals.
The Central Government specifies Project "Annalakshmi", executed by Hindu Mission Hospital, Chennai, to provide free food to hospitalised poor patients as an eligible scheme for tax-exempt donation treatment for a further three years commencing with assessment year 2004-2005, based on the National Committee's recommendation and identifying the executing body, activity, location, and estimated corpus cost.

Section 35AC exemption extended for rural veterinary care project, maintaining eligibility after committee recommendation.
The Central Government re-specifies the Thirumalai Charity Trust's project for construction, purchase of equipment and vehicles, furnishing and running Rural Veterinary Care Centres/Camps in Walaja and Arcot Taluks, Vellore District as an eligible project under the Explanation to Section 35AC for a further three-year period commencing with the assessment year 2004-2005, following the National Committee's recommendation that the project is being executed properly; the notification records the estimated project cost and the trust's details.

Tax exemption for notified charitable project extended following government specification and committee recommendation.
The Central Government has specified the project of construction, equipping vans, furnishing and running of a Home for Spastics at Sector 7, Papankala, Dwarka, New Delhi, by Handicapped Children's Parents Association as an eligible project under Section 35AC for a further three year period commencing with assessment year 2004 2005, following a recommendation of the National Committee that the project is being executed properly and noting earlier specifications and extensions.

Exemption under section 35AC: notification amended to include two community health projects, preserving tax exempt status for the three assessment years.
Central Government amended the notification under the Explanation to Section 35AC to insert two programs - High Range Area Community Health and Empowerment Project and Wayanand Area Community Health and Employment Project - into the table at serial number 5 and substituted the corresponding entry to specify the consolidated project cost and that the approved amount applies for the three assessment years 2004 2005 through 2006 2007 only.

Exemption under Section 35AC: eligible charitable surgical-aid project extended for a further three-year period commencing soon.
Central Government specifies the project of providing financial aid for major surgical operations by Mahavir Jeevan Raksha Foundation as an eligible project under the income-tax exemption provision, extending the specification for a further three-year period commencing with the assessment year 2004-2005, and incorporating the term "corpus fund" at an estimated cost of one crore following the National Committee's recommendation.

Income-tax exemption under Section 35AC: vocational training centres project extended as an eligible scheme for a further period.
Central Government specifies the setting up and running of vocational training centres for computer courses and tailoring classes at 386 centres by Sterlite Foundation as an eligible project or scheme under the Explanation to Section 35AC, extending prior notifications for a further three-year period from assessment year 2004-2005.

Exemption under Section 35AC extended for a specified charitable school project, preserving its tax-exemption eligibility.
The central government specifies that the project of construction, equipment purchase, furnishing and running of a school and rehabilitation centre at Ramo Halli by Shubham Karothi is an eligible project for exemption under the Explanation to Section 35AC, following the National Committee's recommendation that the project is being properly executed, and extends the specification for a further three years commencing from assessment year 2004-2005.

Corrigendum to notification: textual correction substitutes a different sub clause reference, clarifying the notification cross reference.
The corrigendum directs that in paragraph (1) at page 13 of notification S.O.169(E) the reference "sub clause (iii)" shall be read as "sub clause (i)", thereby correcting the internal cross reference in the published Income Tax notification.

Designation of specified bonds permits benefit on transfer provided transferee notifies issuer by registered post within sixty days.
The Central Government specified the IDBI Flexibonds 2003 2004 as eligible under the proviso to Section 193, subjecting the availability of the proviso's benefit on transfer by endorsement or delivery to the transferee's obligation to notify the Industrial Development Bank of India, Mumbai, by registered post within sixty days of the transfer.

Charitable status recognition: Centre for Social Studies granted exemption subject to income application and compliance conditions.
Notification grants charitable status to the Centre for Social Studies, Surat under section 10(23C)(iv) for specified assessment years subject to conditions: apply income wholly to objects, restrict investments to forms permitted by section 11(5) (with limited exceptions for in-kind voluntary contributions), exclude business income unless incidental and separately accounted, file returns regularly, and on dissolution transfer surplus assets to a like charitable organisation.

Tax exemption notification under section 10(23C)(iv) grants conditional income-tax relief to a charitable women's society.
Central Government notifies The Hindu Women's Welfare Society Shraddhanand Mahila Ashram under section 10(23C)(iv) for specified assessment years, conditional on exclusive application or accumulation of income for its objects, investment of funds only in forms permitted by section 11(5), treating business income as taxable unless incidental with separate books, regular filing of income-tax returns, and transfer of surplus and assets to a similarly constituted charitable organisation upon dissolution.

Tax exemption under section 10(23C) notified; institution must apply income to objects and observe investment and dissolution conditions.
Notification designates the Jyotirmath Badrika-shram Himalaya, Sri Guru Paduka Bhawan, Kolkata, as eligible under section 10(23C) of the Income-tax Act for specified assessment years, conditional on applying income wholly and exclusively to its objects; restricting investments to forms permitted under section 11(5) (except certain in-kind voluntary contributions); excluding business profits unless incidental with separate books; regular filing of income-tax returns; and transfer of surplus and assets to a charitable organisation with similar objectives on dissolution.

Tax exemption recognition for charitable fund confirmed, subject to exclusive income application and statutory investment and reporting conditions.
The Central Government notified the National Children's Fund as eligible under sub-clause (iv) of clause (23C) of section 10 for specified assessment years, subject to conditions: apply or accumulate income wholly and exclusively for its objects; invest or deposit funds only in forms or modes permitted for charitable purposes; business income excluded unless incidental and separately accounted; regularly file income-tax returns; and on dissolution transfer surplus and assets to a like charitable organisation.

Industrial park approval under section 80 IA with mandated area allocation, infrastructure investment thresholds and compliance conditions.
Central Government notifies M/s L & T Infocity Limited, Hyderabad as an industrial park under the income tax provision, subject to Schedule terms: location and area, permitted activities by NIC groups, minimum industrial allocable area of 66%, commercial allocation capped at 10%, infrastructure investment minimums (50% generally, 60% where built up industrial space is provided), definition of infrastructure, exclusion of specified activity codes, single unit limited to 50% of allocable industrial area, separate FDI/NRI approvals required, continued operation permitted during benefit period, and withdrawal or invalidation for non compliance or undisclosed material facts.

Research exemption under section 35(1)(iii) requires distinct research accounts plus specific annual reporting and audited submissions.
Approval under section 35(1)(iii) designates M/s. Sweekaar Rehabilitation Institute for Handicapped as an Institution for research related tax exemption (1 April 2001-31 March 2004) subject to maintaining separate research accounts and meeting reporting and audit obligations, including an annual research return to the Secretary, Department of Scientific & Industrial Research by 31 May and submission of audited accounts for the research activities to specified tax and research authorities by 31 October each year.

Research approval compliance under section 35(1)(ii): maintain separate research accounts and file audited accounts and annual returns timely.
Approval under section 35(1)(ii) is granted to Conwest Jain Medical Research Society, Mumbai subject to maintenance of separate books for research, furnishing an annual return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31st May, and submission by 31st October each year of audited annual accounts and audited income & expenditure accounts for the research activities to the Director General of Income Tax (Exemptions), the Secretary DSIR, and the Commissioner/Director of Income Tax (Exemptions), alongside filing the return of income with the assessing officer.

Research approval under section 35(1)(ii) requires separate research accounts and specified annual audited returns and filings.
Approval under section 35(1)(ii) is granted to M/s. Muljibhai Patel Society for Research in Nephro-Urology as an Institution subject to conditions: maintain separate books for research activities; furnish annual scientific research return to the Secretary, Department of Scientific & Industrial Research by 31st May; and submit audited annual accounts and audited income & expenditure accounts for the research activities to the Director General of Income Tax (Exemptions), the Secretary, Department of Scientific & Industrial Research, and the Commissioner/Director of Income Tax (Exemptions) having jurisdiction by 31st October, in addition to the income tax return to the designated assessing officer.

Research exemption compliance requires separate research accounts and specified annual audited submissions by set deadlines.
Approval is granted to Bhartiya Sanskriti Darshan Trust as an Institution under clause (ii) of sub section (1) of section 35, conditional on maintaining separate books for research, filing an annual return of scientific research activities with the Secretary, Department of Scientific & Industrial Research by 31st May, and submitting audited annual accounts and audited income & expenditure accounts for the research activities to DGIT (Exemptions), the Secretary DSIR and the Commissioner/Director of Income tax (Exemptions) by 31st October, in addition to the income tax return; renewal applications must be made in triplicate through the jurisdictional Commissioner/Director and sent in three copies to the Secretary DSIR.

Research exemption status requires notified association to file annual returns, maintain research accounts, and submit audited research accounts.
Notification grants notified association status to M/s SHARE INDIA for research-related tax exemption, subject to conditions: maintain separate research books (except where the organisation is categorised as "Association"); file an annual return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31st May; and provide audited annual accounts and audited income & expenditure accounts for research activities to the Director General of Income Tax (Exemptions), the Secretary, DSIR, and the Commissioner/Director of Income Tax (Exemptions) by 31st October, besides filing the income-tax return. Renewal applications must be filed in triplicate.

Research institution approval under section 35(1)(iii) requires separate research accounts and annual audited reporting by fixed deadlines.
Approval of the Academy of Sanskrit Research Melkote as an institution for research exemption is effective 1 April 2001-31 March 2004, conditional on maintaining separate books for research, filing an annual return of scientific research activities to the scientific research department by 31 May, and submitting audited annual accounts and audited income-and-expenditure accounts for the exempted research activities to the designated tax exemption authorities and the scientific research department by 31 October, alongside the income tax return. The separate accounts requirement does not apply to entities categorised as associations; renewal applications must be made in triplicate.