Tax exemption under section 10(23) conditions income application, investment modes, non-distribution, and separate business accounting requirements.
Notification grants a statutory tax exemption to the All India Tennis Association subject to conditions: income must be applied or accumulated solely for the association's objects; investments are limited to prescribed modes with narrow exceptions for certain tangible voluntary contributions; income distribution to members is barred except grants to affiliated bodies; business income is excluded unless incidental to objects and maintained in separate books.

Corrigendum to Income Tax notification corrects amendment designation and replaces the referenced statutory order citation.
Corrigendum to an Income Tax notification corrects two textual errors in the Gazette entry: it replaces the parenthetical designation "(Second Amendment)" with "(First Amendment)" and substitutes the cited statutory order reference "S.O. No. 46(E) dt. 15th January, 2003" with "S.O. 1345(E) dt. 20th December, 2002", effecting only textual corrections to the notification's amendment label and cross-reference.

Name change under section 10(23G) permits correction of enterprise approval to reflect the new corporate name.
The Central Government amends Notification No. 319/2001 to substitute Bharti Mobinet Ltd. for the previously approved enterprise name, under powers conferred by clause (23G) of section 10 of the Income-tax Act, to reflect a fresh certificate of incorporation while retaining reference to the original license agreement and the former corporate name.

National Savings Scheme: interest allowance set at 8.5% (2002-03) and 7.5% thereafter, calculated on the lowest monthly balance.
The amendment sets interest allowance and crediting: for the period commencing 1 March 2002 but before 1 March 2003 interest is 8.5% per annum, allowed monthly on the lowest balance between the close of the tenth day and month-end and calculated and credited annually; on and from 1 March 2003 interest is 7.5% per annum with the same monthly lowest-balance basis and annual crediting.

Tax exemption under section 10(23C)(iv) conditioned on exclusive application of income, approved investments, filing, and dissolution safeguards.
Notification grants tax exemption under section 10(23C)(iv) to Sant Shri Asharam Ashram for assessment years 2002-2003 to 2004-2005, conditioned on applying or accumulating income wholly and exclusively for its objects, restricting investments to forms permitted by section 11(5) (with limited in-kind voluntary contributions), excluding business income unless incidental and separately accounted, regular filing of income-tax returns, and transfer of surplus and assets on dissolution to a similarly purposed charitable organization.

Tax exemption under section 10(23C)(v) granted subject to exclusive application of income and specified investment, business and dissolution conditions.
Notification grants tax exemption under section 10(23C)(v) to the Nanded Sikh Gurudwara for assessment years 2000-2001 to 2002-2003, conditional on application or accumulation of income wholly to its objects; investment of funds only in forms permitted by the Act (with specified exceptions for voluntary contributions held as jewellery, furniture, etc.); exclusion of business income unless incidental and maintained in separate books; regular filing of income-tax returns; and transfer of surplus and assets on dissolution to a charitable organization with similar objectives.

Tax exemption approval for Madhya Pradesh Mahila Kalyan Samiti subject to exclusive application of income and prescribed compliance conditions.
Notification grants tax exemption under section 10(23C)(iv) to Madhya Pradesh Mahila Kalyan Samiti Bhopal for specified assessment years, subject to conditions: income must be applied or accumulated exclusively for its objects; investments restricted to forms permitted by section 11(5) (excluding certain voluntary contributions held as jewellery, furniture, etc.); business income excluded unless incidental and maintained in separate books; regular filing of income-tax returns; and on dissolution surplus and assets must go to a charitable organization with similar objectives.

Research exemption approval requires separate research accounts, annual scientific returns and audited research accounts by prescribed deadlines.
Approval under section 35(1) of the Income-tax Act is granted to M/s Centre for Wind Energy Technology as an Institution for 8 March 2000 to 31 March 2002, conditional on maintaining separate research accounts, furnishing an annual return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31 May, 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 Commissioner/Director of Income-tax (Exemptions) by 31 October each year, alongside filing the income-tax return. Renewal applications must be made in triplicate and three copies sent to the Secretary, DSIR.

Research exemption under section 35(1) requires separate research accounts, annual return to DSIR and audited filings.
Approval under section 35(1) as an Association is subject to maintaining separate books for research, furnishing an Annual Return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31 May each year, and submitting by 31 October audited Annual Accounts and audited Income & Expenditure Accounts for 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), in addition to filing the income-tax return with the designated Assessing Officer.

Research exemption approval - institution granted conditional tax recognition with specified accounting, reporting and renewal obligations.
Institutional approval for research-related tax exemption is subject to maintaining separate research accounts, filing an annual scientific research return to the Department of Scientific & Industrial Research by 31st May, and submitting audited annual accounts and audited income-and-expenditure statements for research to specified tax and scientific authorities by 31st October each year, while also filing the regular income-tax return; the approval is time-limited and requires triplicate renewal applications through specified channels.

Income tax amendment rules renamed, updating title and adding footnote on principal rules and prior amendment.
Correction substitutes the item 1 wording in the earlier notification to title the instrument as Income tax (Second Amendment) Rules, 2003 and mandates adding a footnote identifying the principal Income tax Rules published by notification S.O. 969(E) and noting they were last amended by the Income tax (First Amendment) Rules, 2002 via notification S.O. 104(E).

Jurisdictional reallocation: amendments redefine commissioner jurisdictions and take effect on Gazette publication.
The Central Board of Direct Taxes, exercising powers under the Income-tax Act, substitutes schedule entries to reassign jurisdictional allocations by naming two Chief Commissioner designations and enumerating the subordinate Commissioners of Income Tax whose jurisdictions are placed under each Chief Commissioner; the notification takes effect from its publication in the Official Gazette.

Tax-free bonds specified - redeemable 10-year bonds with put/call options; registration required to avail the tax benefit.
The Central Government specifies tax free bonds (Series XVIII) as secured, redeemable, non cumulative bonds with interest of 8.20% per annum, redeemable after ten years and carrying a put/call option at the end of years five through nine. Issued in a defined denomination and serial range, availability of the tax benefit is conditional on the bondholder registering their name and holding with the issuer.

Amendment to income tax notification reassigns Mumbai Central Chief Commissioners' jurisdiction and related commissioners effective from Gazette publication.
Amendment under section 120 substitutes serial numbers 19 and 90 in Schedule I of S.O. 733(E), updating designations and jurisdictional mappings for Chief Commissioners of Income tax (Central) in Mumbai and their respective subordinate Commissioners; the notification takes effect from publication in the Official Gazette.

Tax exemption recognition under section 10(23C)(v) requires exclusive application of income, permitted investments, and separate business accounts.
Notification grants tax-exempt recognition to Shri Saibaha Sansthan, Shirdi for specified assessment years subject to conditions: the institution must apply or accumulate income exclusively to its objects; restrict investments to permitted forms while allowing voluntary contributions retained in kind; exclude business income unless incidental and separately accounted; file returns regularly; and, on dissolution, transfer surplus and assets to a charitable organization with similar objectives.

Research approval under income-tax law requires institutional compliance with accounting, annual returns, and audited reporting deadlines.
Approval is granted to Sri Aurobindo Society as an Institution eligible for research-expenditure exemption, subject to maintaining separate books for research, filing an annual return of scientific research activities to the research department by 31 May, and submitting audited annual accounts and audited income and expenditure accounts for exempted research activities to the tax exemption authority, the research department, and the local tax commissioner/director by 31 October, in addition to filing the return of income to the designated assessing officer.

Tax exemption under Section 10(23C)(iv) granted to an institution subject to application, investment, and return-filing conditions.
Notification under Section 10(23C)(iv) grants tax-exempt status to the Vivekananda Rock Memorial and Vivekananda Kendra for specified assessment years provided the institution applies or accumulates income exclusively for its objects, confines investments to permitted modes for charitable funds, treats business income as incidental with separate accounts, files income-tax returns regularly, and on dissolution transfers surplus and assets to a like charitable organization.

Exemption recognition conditioned on exclusive application of income, specified investment modes, business incidental limits and dissolution asset transfer.
Notification grants tax exemption under Section 10(23C)(iv) to Bharatiya Vidya Bhawan, Mumbai for a specified assessment period subject to conditions: income must be applied or accumulated wholly and exclusively for its objects; investments and deposits are limited to modes permitted by section 11(5) (excluding certain voluntary contributions held as property); business income is excluded unless incidental and maintained in separate books; regular filing of returns is required; and on dissolution surplus and assets must be transferred to a similar charitable organisation.

Tax exemption under section 10(23C)(iv) granted with conditions on application of income, permitted investments, accounting and dissolution.
Notification under Section 10(23C)(iv) designates Yusuf Meherally Centre, Mumbai as eligible for the specified tax exemption for assessment years 2001-2002 to 2003-2004, subject to conditions: apply or accumulate income exclusively to its objects; restrict investments to modes permitted under section 11(5) (except specified voluntary contributions); exclude business income unless incidental and maintained in separate books; regularly file income tax returns; and on dissolution transfer surplus and assets to a like minded charitable organization.

Mutual Agreement Procedure enables residents to seek cross-border tax dispute resolution and implement agreed adjustments upon acceptance.
The rules establish a procedure for residents to invoke the Mutual Agreement Procedure via application to the Competent Authority of India; the Competent Authority must examine records on references from foreign counterparts, seek resolution under relevant agreements, communicate outcomes to senior tax officials where necessary, and require Assessing Officers to give effect to agreed resolutions once the assessee accepts the resolution and withdraws related appeals, with corresponding adjustments to tax, interest or penalty as permitted under the Income-tax Act and rules.