Specification under section 35AC: Polio hospital equipment and operation declared an eligible project for a further three-year period.
The Central Government, acting under the Explanation to section 35AC, specifies the equipment and operation of the Polio Hospital at Ahmedabad by the Polio Foundation Shah Chimenlal Chhotalal Lokhandwala Charitable Trust as an eligible project for tax incentive purposes for a further three-year period commencing with assessment year 2003-2004, the National Committee having recommended the extension after finding the project properly executed; the notification notes the estimated project cost.

Specification of eligible project under Explanation to income-tax provision extends tax-benefit eligibility for rural health camps by Singhvi Charitable Trust
Central Government specifies the Running of Health Camps in rural areas of all districts of Tamil Nadu by Singhvi Charitable Trust as an eligible project or scheme under the Explanation to section 35AC of the Income-tax Act for a further three-year period commencing with assessment year 2003-2004, following a National Committee recommendation that the project is being executed properly.

Project specification under section 35AC: hospital equipment and running project extended as eligible for a further period.
The Central Government specifies the project of purchase of equipment, furnishing and running of a hospital at Village Bareja, District Ahmedabad, carried out by Samaj Sewa Trust, as an eligible project or scheme under the Explanation to the Income-tax Act for a further three-year period commencing with the stated assessment year, following the National Committee's recommendation based on satisfactory execution; the notification also records the estimated project cost and inclusion of a corpus fund.

Tax exemption eligibility extended for a rehabilitation project, prolonging specified period and corpus fund condition.
Acting under sub-section (1) read with clause (b) of the Explanation to section 35AC, the Central Government specifies the Running of Rehabilitation/Welfare activities for leprosy cured patients at Sindhrot, Vadodara, Gujarat, carried out by Sharam Mandir Trust, as an eligible project or scheme for a further period of three years commencing from assessment year 2003-2004, at the estimated cost of rupees four hundred lakhs as corpus fund only, following a recommendation by the National Committee under sub-rule (5) of rule 11M of the Income-tax Rules, 1962.

Eligibility under Explanation to section 35AC extended for specified leprosy rehabilitation and rural medical projects.
The Central Government specified and extended eligibility under the Explanation to section 35AC of the Income-tax Act for Gujarat Raktapitt Nivaran Seva Sangh's scheme comprising rural medical camps, employment creation for leprosy-affected persons, educational assistance to their children, deformity care with free aids and appliances, and health education for stigma removal and early diagnosis in Gujarat, following a National Committee recommendation that the project was being properly executed.

Eligible project specification under section 35AC: extension granted for hospital construction, equipment and running based on recommendation.
The Central Government, under the Explanation to section 35AC, specifies the additional construction, equipment, medical camps and running of Sheth Kasturbhai Lalbhai Hospital at Laxmipura by Gyanmandal Laxmipura Group Prerit Arogya Mandal as an eligible project for tax purposes for a further three-year period from assessment year 2003-2004, following the National Committee's recommendation and noting an estimated project cost of rupees twenty two lakhs eighty five thousand.

Tax exemption eligibility for a medical relief project extended after National Committee recommendation and specification under tax rules.
The Central Government, under the Explanation to the income-tax legislation, specifies the Medical Relief Project at Ahmedabad by Dardiono Rahat Fund as an eligible project for tax incentive purposes for a further three-year period commencing with the relevant assessment year, following a National Committee recommendation that the project was being properly executed; the notification records prior specifications and extensions and states the corrected estimated project cost.

Specification under Explanation to Income-tax Act: extension of specified slum uplift project after National Committee recommendation.
The Central Government, exercising powers under the Explanation to the Income-tax Act, specifies the scheme for uplift of urban slum dwellers at named localities in New Delhi as an eligible project for tax-advantaged treatment for a further period of three years commencing with the stated assessment year, at an estimated cost of Thirty lakhs, following the National Committee's recommendation under the Income-tax Rules.

Section 35AC approvals: specified institutions' projects permitted capped deductions for designated assessment periods under notification regime
Notification approves particular institutions and their specified projects for deduction under the Explanation to Section 35AC, listing estimated project costs and the maximum amounts eligible for deduction, and confines the allowance of those deductions to the designated assessment periods for each project.

Tax exemption recognition for Jehangir Art Gallery granted subject to compliance with income application, investment and reporting conditions.
The Central Government notified Jehangir Art Gallery as a charitable institution eligible for income-tax recognition for specified assessment years, subject to conditions: apply or accumulate income exclusively for its objects; restrict investments to forms permitted for charitable trusts; treat business income as incidental with separate accounts; file income-tax returns regularly; and on dissolution transfer surplus and assets to a similar charitable organisation.

Tax exemption under section 10(23C)(iv) grants conditional charitable status subject to use, investment, filing and dissolution rules.
Notification grants conditional tax exemption to National Horticulture Board, Gurgaon, for specified assessment years, requiring the assessee to apply or accumulate income wholly and exclusively to its objects; restrict investments to statutory modes (excluding certain voluntary contributions held in kind); exclude business income unless incidental and separately accounted; regularly file income-tax returns; and on dissolution transfer surplus and assets to a charitable organisation with similar objectives.

Tax exemption approval under section 10(23b) conditioned on compliance and audited accounts, subject to withdrawal for noncompliance.
Approval is granted to M/s Reliable Internet Services Ltd under section 10(23b) read with rule 2E for its cellular mobile telephone project at the Kolkata Metro Service Area, subject to compliance with section 10(23G) and rule 2E and to maintaining and furnishing audited accounts as required; the Central Government may withdraw approval if the undertaking ceases infrastructure operations or fails to maintain or produce the required audited accounts.

Research exemption approval requires maintenance of separate accounts, annual reporting to authorities, and audited submissions.
K.J. Research Foundation is approved as an Association under clause (ii) of sub section (1) of section 35 for the period 1 April 2000 to 31 March 2003, subject to maintaining separate books for research, filing an annual return of scientific research activities with the Secretary, Department of Scientific & Industrial Research by 31 May, and submitting audited annual accounts and audited Income & Expenditure Account for research activities to designated authorities by 31 October each year, in addition to filing its income tax return; renewal applications must be made in triplicate and sent to the Secretary, DSIR.

Tax exemption notification: Petroleum Sports Control Board recognised under income-tax clause, subject to application, investment, distribution and business conditions.
The Central Government notified the Petroleum Sports Control Board for tax exemption purposes under clause (23) of section 10 for assessment year 2002-2003, subject to conditions: the Board must apply or accumulate income solely for its objects in accordance with the modified rules; refrain from investing or depositing funds except in permitted forms (with limited tangible-form exception for certain voluntary contributions); not distribute income to members except as grants to affiliated institutions; and exclude business profits unless the business is incidental and maintained in separate accounts.

Charitable trust notification: tax exemption granted subject to exclusive application of income and compliance obligations.
Notification grants charitable trust recognition to the Sri Ganapati Sachchidananda Avadhoota Datta Peetha Trust (R), Mysore under clause (23C)(v) of section 10 for specified assessment years, subject to conditions: apply or accumulate income wholly and exclusively for trust objects; restrict investments to modes specified in section 11(5) (excluding certain voluntary contributions held as jewellery, furniture, etc.); deny benefit for business income unless incidental with separate books; file regular returns; and on dissolution transfer surplus assets to a like charitable organisation.

Charitable status recognition under tax law grants exemption subject to exclusive income application and compliance conditions.
Recognition of Gujarat Ecological Education Research (GEER) Foundation is notified under section 10(23C)(iv) for assessment years 1999-2000 to 2001-2002, subject to conditions: exclusive application or accumulation of income to its objects; investments limited to modes specified by law (excluding certain voluntary contributions held as chattels); business income taxable unless incidental with separate books; regular filing of income-tax returns; and transfer of surplus and assets to a like charitable organization on dissolution.

Tax exemption notification under clause 23C(iv) designates Research and Information System as charitable, subject to compliance conditions.
Notification designates the Research and Information System for the Non-Aligned and other Developing Countries, New Delhi as a notified institution under clause (23C)(iv) of section 10 of the Income-tax Act for the assessment years 1999-2000 to 2001-2002, subject to conditions: exclusive application or accumulation of income to its objects; investment restrictions to forms in section 11(5) (except certain voluntary contributions); business income excluded unless incidental and separately maintained; regular filing of returns; and transfer of surplus on dissolution to a similar charitable organization.

Tax exemption notification grants conditional recognition to a charitable trust, imposing investment, accounting, return filing, and dissolution rules.
Notification grants tax exemption recognition to Sundaram Charities for the specified assessment years subject to conditions: apply or accumulate income exclusively to its objects; restrict investments to statutory modes; exclude business income unless incidental and maintained in separate books; file returns regularly; and on dissolution transfer surplus assets to a like charitable organization.

Industrial park approval under section 80 IA: subject to area allocation, infrastructure expenditure and compliance conditions.
The Central Government notifies M/s. Tata Housing Development Company Limited's undertaking as an industrial park under clause (iii) of sub section (4) of section 80 IA, approving the project subject to the schedule's terms: specified location, permitted activities, allocable area proportions, caps on commercial use, definitions of allocable area and infrastructure, minimum infrastructure expenditure thresholds, single unit occupancy limits, requirement for separate foreign investment approvals, continuity of operation while tax benefits are claimed, and government power to withdraw approval for non compliance or nondisclosure.

Leave encashment exemption under section 10(10AA) limits tax-free cash equivalent for retirements after a specified date.
The Central Government, under sub-clause (ii) of clause (10AA) of section 10 of the Income Tax Act, specifies a ceiling as the maximum amount receivable by employees as cash equivalent of leave salary at the time of their retirement, whether by superannuation or otherwise, for the purpose of exemption under that provision; the specification applies to employees retiring after a specified date.