Charitable trust exemption granted, conditional on exclusive application of income, permitted investments, separate business accounts and dissolution transfer.
Notification grants charitable trust exemption to Eclof India Public Charitable Trust, Chennai for specified assessment years subject to conditions: apply or accumulate income exclusively for its objects; restrict investments to legally permitted forms; treat business income as exempt only if incidental and separately accounted; file income-tax returns regularly; and, on dissolution, transfer surplus assets to a similar charitable organization.

Tax exemption notification conditions charitable status on application of income, restricted investments, separate business accounts, and asset transfer on dissolution.
Notification designates Council for Leather Exports, Chennai as qualifying for income-tax exemption under clause (23C)(iv) of section 10 for specified assessment years, conditioned on wholly and exclusively applying income to its objects, limiting investments to forms permitted under Section 11(5) (with certain voluntary contributions exempted), excluding business profits unless incidental and separately accounted, requiring regular filing of income-tax returns, and mandating transfer of surplus assets on dissolution to a similarly purposed charitable organisation.

Tax exemption under section 10(23C)(iv) for Auroville Foundation subject to application, investment, business and dissolution conditions.
Notification grants income-tax exemption to Auroville Foundation for specified assessment years subject to conditions: income must be applied or accumulated exclusively for its objects; funds must be invested only in modes permissible for charitable trusts; business income is excluded unless incidental and maintained in separate books; returns must be filed regularly; and on dissolution surplus assets must transfer to a like-minded charitable organization.

Approval under section 10(23G) confirms tax-exempt eligibility subject to compliance, audit obligations and withdrawal on noncompliance.
Approval for Sardar Sarovar Narmada Nigam Ltd. confers tax-exemption eligibility for specified assessment years subject to conformity with the Income-tax Act and the income-tax rules; maintenance of books of account, audit by an accountant, and furnishing of the audit report are ongoing conditions, and the Central Government may withdraw approval if the enterprise ceases infrastructure operations or fails to meet the accounting or audit obligations.

Specification of infrastructure bonds under section 80L authorises REC bonds with serialised issuance and varying interest rates.
The Central Government specifies REC Infrastructure Bonds as eligible under Section 80L, issued by the Rural Electrification Corporation Limited as debentures identified by distinctive serial numbers and a uniform face value, with differentiated interest rates linked to particular serial ranges. The bonds are authorised to be raised to a prescribed aggregate amount, including an initial allocation and an oversubscription option, and may be issued in one or more branches by public or private placement. A later notification substituted the original interest-rate descriptions for certain serial ranges.

Exemption from investment limit in relief bonds extends to retirement benefits, enabling immediate higher investment upon retirement.
Notification exempts investments in 8% Relief Bonds, 2002 from the Rs.2 lakh annual limit where funds originate from retirement/terminal benefits (provident fund balance, gratuity, commuted pension, leave encashment, government insurance savings). Such investments must be made within three months of receipt of benefits; reinvestment of matured bond proceeds by already retired persons must be made within three months of this Notification or bond maturity. Employer certification is required for initial investments and an affidavit for reinvestments. The exemption is additional to the ordinary annual Rs.2 lakh entitlement and is effective from the Notification date.

Tax exemption under clause (23C)(iv) applied to trust with conditions on application of income, investments and dissolution.
Central Government notifies Sanjay Gandhi Memorial Trust for exemption under clause (23C)(iv) of section 10, subject to conditions: income applied or accumulated exclusively to trust objects; investments allowed only in modes specified in Section 11(5) (excluding certain tangible voluntary contributions); business income excluded unless incidental and separately accounted; regular filing of income-tax returns; and on dissolution surplus assets to be transferred to a charitable organization with similar objectives.

Tax exemption under section 10(23C)(iv) granted subject to application, investment limits, accounting and dissolution conditions.
Notification grants tax exemption to Sterlite Foundation under clause (23C)(iv) of section 10 for assessment years 1997-98 to 1999-2000, conditional on applying or accumulating income wholly and exclusively for its objects, restricting investments to modes specified in section 11(5) (with limited retention of voluntary contributions in physical form), treating business income as eligible only if incidental to objectives with separate books, regular filing of income-tax returns, and, upon dissolution, transferring surplus and assets to a charitable organisation with similar objectives.

Research exemption approval requires annual audited accounts and scientific activity returns and renewal application procedure.
Approval is granted to the Centre for Policy Studies under section 35(1)(iii) subject to conditions: it must maintain separate books for research activities; file an annual return of scientific research activities to the Department of Scientific & Industrial Research by 31 May; and submit audited annual accounts and an audited income & expenditure account for research activities to the Director General of Income-tax (Exemptions), the Secretary of DSIR, and the jurisdictional Commissioner/Director of Income-tax (Exemptions) by 31 October each year. The institution should apply in triplicate for renewal through the designated tax exemption office.

Income-tax exemption for charitable fund confirmed, subject to conditions on application, investment, business and dissolution.
The Central Government notified the Railway Ministers's Welfare & Relief Fund, New Delhi as eligible under clause (23C)(iv) of section 10 of the Income-tax Act for assessment years 1998-99 to 2000-2001, subject to conditions: income must be applied or accumulated solely for the fund's objects; investments are limited to modes permitted by the Act (excluding certain voluntary contributions held as goods); business income is excluded unless incidental and separately accounted; regular filing of returns is required; and on dissolution surplus assets must transfer to a like charitable organization.

Tax exemption under clause 23C(iv): association notified subject to exclusive application of income and prescribed conditions.
Notification under clause (23C)(iv) of section 10 recognizes the Family Planning Association of India, Mumbai for specified assessment years, conditional on wholly and exclusively applying its income to its objects, restricting investments to forms permitted by section 11(5) (with limited exceptions for certain voluntary contributions), excluding business income unless incidental and separately accounted, regular filing of returns, and transfer of surplus and assets on dissolution to a like charitable organization.

Tax-free bonds specified under income-tax exemption, conditional on bondholder registration with the issuer.
The Central Government specified tax-free bonds of a public power corporation under the income-tax exemption provision, describing denomination, interest rate, tenor, aggregate issuance and distinctive serial numbers; the tax exemption is conditional on the bondholder registering his name and holding with the issuer.

Tax exemption for specified bonds requires bondholders to register holdings with issuer to claim tax-free status.
Central Government specifies certain fixed-denomination bonds of North Eastern Electric Power Corporation Limited (Series-V, 1999-2000) as tax-exempt under the Income-tax Act; the bonds carry a stated interest rate and fixed maturity and are issued with unique identifiers. The exemption is conditional: a holder must register his name and holdings with the issuer to be eligible for the tax benefit.

Tax-free bonds specified for North Eastern Electric Power Corporation: interest-bearing seven-year instruments admissible only upon holder registration.
Central Government specifies tax-free bonds of North Eastern Electric Power Corporation Limited, 1997-98 (Series IV) as eligible for exemption under the Income-tax Act; the bonds are rupee-denominated instruments issued in 1997-98 bearing interest at 9.25% per annum for a seven-year tenor, issued in a limited amount with distinctive numbers, and the tax-free benefit is admissible only if the holder registers his name and holding with the issuing company.

Tax-free bonds under section 10(15)(iv): registration required to claim exemption on specified NEEPCO Series-IV bonds.
The Central Government designates the North Eastern Electric Power Corporation Limited 1997-98 (Series-IV) bonds as tax-free under section 10(15)(iv), specifying one-lakh-rupee denominations issued in 1997-98 with distinctive serial numbers E-0000001 to E0002050, interest at 9.25% per annum for seven years and an authorized aggregate issue amount; the exemption is admissible only if the holder registers his name and holdings with the issuing company.

Tax-free bonds under Section 10(15)(iv) grant exemption to a specified corporate issue subject to holder registration.
Central Government specifies tax-free bonds of North Eastern Electric Power Corporation under Section 10(15)(iv) as the 1995-96 (Series III) issue carrying 10.50% interest per annum for seven years, totaling two crores fifty lakhs with distinctive numbers C-0000001 to C-0025000; exemption is conditional on the holder registering name and holding with the company, and the bond denomination is corrected to rupees one thousand each.

Tax exemption notification: charitable wakf notified under clause 23C(iv) subject to application, investment, business and dissolution conditions.
Notification designates Hamdard Dawakhana (Wakf), Delhi under clause (23C)(iv) of section 10 for assessment years 2001-2002 to 2003-2004, subject to conditions: income must be applied or accumulated wholly for stated objects; investments limited to modes permitted by the Act except specified forms of voluntary contributions; business income excluded unless incidental with separate books; regular filing of income-tax returns; and on dissolution surplus and assets to be transferred to a similar charitable organization.

Notification under clause (23C)(v) of section 10 grants tax-exempt recognition to a trust subject to compliance conditions.
The Central Government notifies the Shree Datta Deosthan Trust under clause (23C)(v) of section 10 for assessment years 2000-01 to 2002-03 subject to conditions: apply or accumulate income exclusively for trust objects; invest or deposit funds only in forms permitted by section 11(5) (except certain voluntary contributions); treat business income as non-exempt unless incidental and separately accounted; file income-tax returns regularly; and on dissolution transfer surplus and assets to a charitable organisation with similar objectives.

Tax exemption under clause (23C)(iv) granted subject to exclusive application of income, permitted investments, reporting and dissolution conditions.
Notification designates the Federation of Indian Export Organization as eligible under clause (23C)(iv) of section 10 of the Income-tax Act for assessment years 2001-02 to 2003-04, subject to conditions: apply or accumulate income exclusively to its objects; restrict investments to modes permitted by section 11(5) (except certain voluntary contributions held as jewellery or furniture); exclude business income unless incidental with separate books; file returns regularly; and on dissolution transfer surplus and assets to a similar charitable organization.

Jurisdictional amendment expands Commissioner of Income-tax (TDS), Kolkata's territorial coverage to include adjoining districts, effective on publication.
An amendment under section 120 of the Income-tax Act, 1961 revises the Schedule entry for Commissioner of Income-tax (TDS), Kolkata, substituting the territorial description "Areas within the limits of Kolkata Municipal Corporation" with "Area within the limits of Districts of Kolkata, Howrah, North 24 Parganas and South 24 Parganas within the State of West Bengal." The notification is effective from the date of publication in the Official Gazette.