Research exemption under Section 35(1)(ii) enables donations to approved institutions subject to documentary and audit compliance.
Approval granted to Arogyaseva Medical Academy as an approved institution for Income Tax exemption under clause (ii) of subsection (1) of section 35, subject to: utilization of sums for scientific research; research conducted by faculty or enrolled students; maintenance of separate books of account for research receipts with an accountant-certified audit report filed by the income-tax return due date; and a separate auditor-certified statement of donations and amounts applied for research accompanying the audit report. Approval may be withdrawn for failures in these compliance obligations or if research is not genuine.

Research donation exemption approved for institute, subject to utilization, audit and reporting conditions under specified rules.
Approval is granted to Indian Institute of Technology, Hyderabad as an other Institution partly engaged in scientific research for the purposes of research-related tax exemption, subject to utilization of sums for scientific research; research through faculty or enrolled students; maintenance of separate books of account with an auditor's report filed by the income tax return due date; and a certified statement of donations and amounts applied for research. The approval may be withdrawn for failures to maintain accounts, furnish reports, certify donations, or for cessation/non-genuine research or non-compliance with the governing rules.

Research expenditure exemption: approval subject to conditions on utilization, audit, separate accounts and reporting.
Approval is granted to an organisation as an other institution eligible for exemption under clause (ii) of sub section (1) of section 35, subject to conditions that sums be used for scientific research, research be carried out through faculty or enrolled students, separate books of account for research be maintained and audited by a qualified accountant with the audit report and a certified statement of donations furnished to the tax authority by the return due date.

Double taxation relief and prevention of fiscal evasion between India and Mexico with rules on residence, PE and tax allocation.
The Agreement between India and Mexico establishes reciprocal rules to avoid double taxation and prevent fiscal evasion, applying to residents and taxes on income including withholding taxes and similar future taxes. It defines core concepts-resident, permanent establishment, enterprise-and allocates taxing rights (immovable property, business profits, shipping, dividends, interest, royalties, capital gains, personal services). It prescribes elimination methods (India: deduction; Mexico: credit), non discrimination, MAP, exchange of information, assistance in tax collection, a limitation of benefits regime, and clarifications in an accompanying Protocol.

Transport allowance exemption revised: monthly permissible allowance increased retrospectively from Sept 1, 2008 under amended Rule 2BB of Income-tax Rules.
Amends Income-tax Rules by substituting the column entry against serial number 4 in the Rule 2BB(2) table to increase the monthly exempt transport allowance; the amendment is made under section 295 read with clause (14) of section 10 of the Income-tax Act and is retrospective to 1 September 2008.

Tax Return Preparer eligibility restricted: bank officers, legal practitioners and chartered accountants prohibited from acting as preparers.
The scheme amendment provides that an officer of a scheduled bank, a legal practitioner or a chartered accountant shall not be entitled to act as a Tax Return Preparer, and that a person who, after issuance of a Tax Return Preparer Certificate, becomes one of those disqualified persons is similarly ineligible to act as a Tax Return Preparer.

Amendment to Single Account provisions removes clause (e), altering individual Post Office savings account rules on eligibility.
The Post Office Savings Account (Amendment) Rules, 2010 amend rule 4 of the 1981 Rules by deleting clause (e) from the Table entry for the Single Account under "A. Individuals Accounts." The amendment is made under the rulemaking power of the Government Savings Bank Act and comes into force on publication in the Official Gazette, effecting a textual excision from the existing regulatory schedule without restating the deleted provision.

Approval under Section 35(1)(ii) conditions tax recognition on research use, recordkeeping, and audited reporting.
Approval under Section 35(1)(ii) was granted to Raman Centre for Applied and Interdisciplinary Sciences as an other institution partly engaged in scientific research, subject to conditions: utilization of receipts for scientific research; research conducted by faculty or enrolled students; maintenance of separate books of account for research receipts; annual audit by a qualified accountant with the audit report filed by the income-tax return due date; and a separate auditor-certified statement of donations and amounts applied for research.

Scientific research approval for institution enables donations to qualify for deduction subject to compliance and audit conditions.
Approval is granted to the Centre for the Study of Developing Societies as an Other Institution for the purpose of clause (iii) of sub section (1) of section 35, effective from the relevant assessment year, subject to conditions: sums received must be utilized for scientific research; research must be carried out through faculty or enrolled students; separate books of account for research receipts and payments must be maintained and audited by a qualified accountant with the audit report filed by the return due date; and a separate auditor certified statement of donations and their application must accompany the audit report. Approval may be withdrawn for failure to comply with these requirements or if research is not genuine.

Industrial park notification grants section 80-IA status to Noida Cyber Park project, subject to central approval for amendments.
Notification under section 80-IA designates M/s Noida Cyber Park Private Limited and the project at Plot Nos. C-28 and C-29, Sector-62, Noida, as an industrial park under the Industrial Park Scheme, 2008, and deems the park developed from 11th June, 2010. The notification is inapplicable if the same location has been notified for another undertaking and prohibits project plan amendments without Central Government approval.

Delegation of powers to zonal Senior Vice Presidents and Vice Presidents enabling bench constitution and intra-zone transfers under tribunal authority.
The President delegates, under sub-section (5) of section 252 of the Income Tax Act, specified powers to Senior Vice President and Vice Presidents for named Benches within their zones, including constituting Benches, sitting as a Member, transferring appeals/applications within the zone, and inspecting, supervising and controlling Bench functioning, subject to the overall superintendence and control of the President.

Annuity plan designation: Tata AIG Easy Retire approved for tax deduction under section 80C(2)(xii) effective on publication.
Central Government specifies the annuity plan recognised for deduction under clause (xii) of sub section (2) of section 80C of the Income tax Act as the Tata AIG Easy Retire Annuity Plan of Tata AIG Life Insurance Company Limited, approved by the Insurance Regulatory and Development Authority by letter dated 23 November 2007; the notification takes effect from its publication in the Official Gazette and a corrigendum corrects an earlier misreference to a different insurer.

Education loan interest deduction: Credila specified as Financial Institution permitting claims under Section 80E for qualifying borrowers.
The Central Government has notified Credila Financial Services Private Limited as a Financial Institution for the purposes of the education-loan interest deduction under the Income-tax Act, thereby classifying loans taken for higher education from that institution as qualifying for the statutory interest deduction.

Exemption under section 35AC: amendment increases corpus allocation for notified educational project, retaining total approved cost.
Amendment to a Central Government notification under the Income-tax Act substitutes the corpus allocation in the notification table for the Satya Bharti Schools project, increasing the corpus fund while leaving the overall approved project cost unchanged, following the National Committee's recommendation to enhance the corpus and reduce capital expenditure.

Tax exemption transfer: project recognition and donation mobilization authority shifted to a new trust.
Notification relocates an income-tax-exempt project for medical services and corpus-building from one trust to another effective 1-12-2010; it authorises the receiving trust to mobilise donations for a defined period, approves transfer of assets and liabilities as on 30-11-2010, and adopts revised allocations for running and maintenance and for the corpus fund, following the National Committee's recommendation.

Exemption under Section 35AC extended for old age home and women upliftment project; permitted project cost increased.
Exemption under Section 35AC is extended for Aashara Mahila Utkarsh Trust's old age home and women upliftment campaign after the National Committee recommended continuation and an increase in the allowable project cost; the Central Government amends the earlier notification to substitute the previously specified maximum project cost with a higher amount, thereby changing the cap on qualifying project expenditure for deduction.

Section 35AC exemption extended for the Research and Rehabilitation Centre for the Deaf; project notified as eligible for a further period.
The Central Government, under the Income-tax Act, extends the Section 35AC exemption for the Research and Rehabilitation Centre for the Deaf carried out by the Delhi Association of the Deaf, following the National Committee's recommendation, and notifies the project as eligible for a further period beginning with the financial year 2010-11 without change to the approved project cost.

Section 35AC exemption extended for disability rehabilitation scheme, enabling continued tax-benefit recognition for an additional multi-year period.
Exemption under section 35AC is granted to Amar Jyoti Charitable Trust for rehabilitation activities-construction, equipment, aids, learning materials, furnishing and running of integrated education, vocational training, medical care and employment opportunities-recognized as an eligible project for tax-exemption, with the approved project cost maintained and the eligible period extended for an additional three year term beginning with the 2010-11 financial year.

Section 35AC exemption extended for Sainik Ashram project; continuation permitted for two additional financial years.
The Central Government extends the Section 35AC tax-exemption status of the Sainik Ashram project by Kerala Ex-Servicemen Welfare Association (KEXWA), preserving its previously approved cost and specifying the scheme as eligible for the further two financial years commencing 2010-11, following the National Committee's recommendation that the project is being executed properly.

Industrial park approval: tax benefits granted to the notified undertaking subject to occupancy, activity and reporting conditions.
Notification designates M/s. Marathon Nextgen Realty Limited and its Marathon Nextgen Innova IT Building project as an industrial park under the Industrial Park Scheme, 2008, subject to specified conditions: identified location and commencement date, minimum constructed floor area and minimum industrial units, allocable area limits for industrial and commercial use, ownership restriction, unit occupation cap, exclusivity of specified activities, entitlement to tax benefits only for the notified undertaking after meeting the minimum unit threshold, separate accounting, annual reporting in Form IPS-II, and potential invalidation or withdrawal for misinformation, undisclosed material facts, unauthorized plan amendments, or non-compliance.