Specified securities under section 54EA designated; capital gains reinvestment permitted, subject to three-year conversion clawback.
The Central Board of Direct Taxes designates equity shares, preference shares and debentures issued by Reliance Telecom Ltd. within one year of the earlier notification as long-term specified securities for the purposes of section 54EA, subject to the stated aggregate issuance limits.

Charitable donation eligibility under section 80G: Radhakrishna Mandir specified for repair donations until collection cap or set expiry.
The Central Government specifies Radhakrishna Mandir, Calcutta as a place of public worship for purposes of income tax deduction eligibility under section 80G, limited to repair and renovation work; the specification applies only until a prescribed monetary ceiling for such collections is reached or until a stated calendar expiry, whichever is earlier.

Specification of place of public worship under 80G permits deductible donations for repair and renovation subject to fund or expiry limits.
Specification under section 80G designates Radhakrishna Mandir, Calcutta as a place of public worship for purposes of donor tax-deduction, limited exclusively to funds raised for repair and renovation. The specification is conditional and remains effective only until the authorised repair/renovation fund target is reached or until a prescribed terminal date, whichever is earlier.

Exemption from capital gains for reinvestment in specified securities; subject to reinvestment origin and three-year lock-in rules.
The notification designates equity shares, preference shares and debentures issued by M/s Reliance Telecom Ltd. as long-term specified securities for section 54EA purposes, eligible for exemption when purchased from net consideration of a long-term capital asset. It requires allotment within one year of the prior notification and imposes a three-year retention condition: disposal or conversion into money within three years renders the initial investment chargeable to tax as Capital Gains under the section.

Capital gains exemption for reinvestment in specified long-term debentures subject to seven-year holding; early conversion attracts capital gains tax.
The notification designates certain long-term debentures as qualifying securities for exemption under section 54EB where the investment is made from net consideration of a long-term capital asset. The debentures must be issued by the named public company within seven years, be non-transferable for seven years, and subject to an aggregate issuance cap. If the assessee transfers or converts the allotted debentures into money or otherwise disposes of them within seven years of allotment, the initial investment is chargeable to tax as capital gains under the section.

Long-term specified securities: exemption under section 54EA subject to reinvestment from capital gains and holding-period conditions.
The notification specifies certain equity shares as long-term specified securities for purposes of section 54EA, permitting exemption for reinvestment only where the investment is made out of net consideration from transfer of a long-term capital asset and is subject to a prescribed holding-period; disposal or conversion of the allotted specified securities within that holding period results in the initial investment being chargeable to tax as capital gains under the section.

Tax exemption for notified charitable organisation requires exclusive application of income and compliance with investment and accounting conditions.
Notification under section 10(23C)(iv) notifies the Indian Trade Promotion Organisation as eligible for the sub-clause for specified assessment years provided it applies or accumulates income wholly and exclusively for its objects; limits investments to the forms specified in section 11(5) (excluding certain retained voluntary contributions); excludes business income unless incidental and kept in separate books; and requires regular filing of income-tax returns.

Double taxation avoidance: credit method under the India-Morocco income tax convention defining allocation of taxing rights and relief.
The Convention allocates taxing rights between India and Morocco for specified income taxes, applies to residents of one or both States, defines key terms including resident and permanent establishment, and prescribes category based taxation rules (immovable property, business profits attributable to permanent establishments, shipping and air transport, dividends, interest, royalties, capital gains, personal services and other incomes). It requires elimination of double taxation by allowing credit for tax paid in the other State, establishes a Mutual Agreement Procedure for resolving disputes, mandates exchange of information subject to confidentiality, and provides for collection assistance and non discrimination protections.

Tax-free bonds specified under section 10(15)(iv)(h); eligibility conditioned on registration with issuing bank, interest and tenure prescribed.
The notification designates a named series of tax-free bonds as qualifying under section 10(15)(iv)(h), describing the issuance with a prescribed interest rate, fixed tenure and specified aggregate issue during the fiscal year, and makes the tax exemption conditional on the bondholder registering their name and holding with the issuing bank.

Deduction under section 80L: specified IDBI Flexibonds types designated eligible for interest and dividend deduction.
The Central Board of Direct Taxes, under clause (ii) of sub section (1) of section 80L, specifies three categories of Industrial Development Bank of India debentures issued in the Flexibonds 7 series - Regular Income, Growing Interest, and Retirement Bond - by distinctive numbers and a common face value, issued between late July and mid August 1999, as qualifying instruments for the deduction on interest, dividends and related receipts under that provision.

Tax exemption recognition under section 10(23C)(v) granted to Sringeri Peetham, subject to specified compliance conditions.
Notification under section 10(23C)(v) recognises Sri Sharda Peetham, Sringeri, for assessment years 1999-2000 to 2001-2002 on condition that the institute applies or accumulates income solely for its objects; confines investments to forms prescribed by the Act (excluding certain voluntary contributions kept as jewellery or furniture); excludes business income unless incidental with separate books; and files returns regularly under the Income tax Act.

Tax exemption under clause 10(23C)(v) granted to a religious trust, subject to income application, investment limits, business exception, and filing compliance.
Notification designates Shri Arasuri Ambaji Mataji Devasthan Trust as eligible for tax exemption under clause (v) of 10(23C) for the specified assessment years, subject to conditions: apply income wholly to its objects or accumulate for that purpose; limit investments and deposits to permitted modes (excluding certain voluntary contributions retained as jewellery or furniture); exclude business profits unless incidental and maintained in separate books; and regularly file income-tax returns in accordance with the Act.

Tax exemption under 10(23C)(via) requires compliance with the sub-clause, rule 2CA, and regular return filing.
Notification notifies the Deepak Gupta Memorial Foundation under 10(23C)(via) for specified assessment years, provided the Foundation conforms to the sub-clause and complies with rule 2CA of the Income-tax Rules, 1962, and regularly files its return of income in accordance with the Income-tax Act, 1961.

Approval as infrastructure finance corporation establishes eligibility under section 36(1)(viii) subject to statutory compliance conditions.
Approval granted to Infrastructure Development Finance Company Ltd., Chennai, as a corporation engaged in providing long-term finance for industrial development for purposes of section 36(1)(viii) of the Income-tax Act for assessment year 1999-2000, subject to the condition that the company conform to and comply with the provisions of section 36(1)(viii).

Research approval for college research enables tax-exempt treatment subject to annual reporting and audit conditions.
Approval is granted to Bhartiya Vaidayak Samanvaya Samiti's All India Ayurved Research Institute, Nagpur, as a college for research related tax exemption for 1 4 1999 to 31 3 2002, subject to conditions: maintain separate books for research activities; file an annual scientific research return to the Secretary, Department of Scientific and Industrial Research by 31 May; and submit audited annual accounts and a separate audited income and expenditure account for the research activities to specified tax and research authorities by 31 October, in addition to the regular income tax return.

Approval under section 35(1)(ii) - institutions granted research exemption subject to accounting and reporting conditions.
Approval of organisations as Institution under clause (ii) of sub section (1) of section 35 permits specified bodies to qualify for research related tax treatment for stated periods, subject to conditions: maintain separate books for research; submit an annual scientific research return to the Secretary, Department of Scientific and Industrial Research by 31 May; and provide audited annual accounts and audited research income and expenditure accounts to the Director General of Income tax (Exemptions), the Secretary, DSIR, and the local Commissioner/Director of Income tax (Exemptions) by 31 October, alongside the return of income to the Assessing Officer.

Section 10(23G) approval for infrastructure enterprises grants tax-exempt status subject to compliance and audit conditions.
Approval is granted to specified enterprises for the purposes of section 10(23G) of the Income-tax Act, read with rule 2E of the Income-tax Rules, for assessment years 1999-2002, subject to conditions that the undertaking conform to those provisions, maintain books of account, obtain and furnish the audit report required by sub-rule (7) of rule 2E, and subject to withdrawal of approval if the undertaking ceases to carry on the infrastructure facility or fails the accounting and audit obligations.

Approval under section 36(1)(viii) recognises a corporation for long term industrial finance tax treatment, subject to compliance.
Approval is granted to M/s Infrastructure Development Finance Company Ltd., Chennai, as a corporation engaged in providing long term finance for industrial development for the purposes of section 36(1)(viii) of the Income tax Act for the specified assessment year, subject to the condition that the company shall conform to and comply with the provisions of section 36(1)(viii) of the Act.

Research exemption approval requires separate research accounts, annual DSIR returns by May and audited submissions by October.
The college is approved as eligible for research-related income-tax exemption for the period 1-4-1999 to 31-3-2002, subject to maintaining separate books for research, filing an Annual Return of scientific research activities with the Department of Scientific & Industrial Research by 31st May each year, and submitting audited annual accounts and audited Income & Expenditure Account for research activities to the Director General of Income-tax (Exemptions), the Secretary, DSIR and the relevant Commissioner/Director of Income-tax, along with the return of income to the designated Assessing Officer by 31st October annually.

Research institution approval requires tax-exemption compliance with annual reporting, separate research accounts, and audited submissions.
Notification approves specified organisations as Institutions under clause (ii) of sub-section (1) of section 35 for the periods listed, subject to maintaining separate books for research, furnishing an annual return of scientific research activities to the Department of Scientific & Industrial Research by 31st May each year, and submitting audited annual accounts and audited income & expenditure accounts for research activities to the Director General of Income-tax (Exemptions), the Secretary, DSIR, and the relevant Commissioner/Director of Income-tax (Exemptions) by 31st October each year.