Tax exemption notification under clause 23C(iv) grants charity recognition subject to investment, accounting, filing and dissolution conditions.
Notification under clause (23C)(iv) of section 10 recognises the Divine Light Trust for the Blind, Bangalore for specified assessment years, subject to conditions that the trust apply or accumulate income solely to its objects; restrict investments to forms permitted by Section 11(5) (with limited exceptions for certain voluntary contributions); treat business income as exempt only if incidental and separately accounted; file returns regularly; and on dissolution transfer surplus and assets to a like-minded charitable organisation.

Tax exemption notification for Aero Club of India under charitable income clause, subject to application and investment conditions.
The Central Government notifies Aero Club of India for tax-exempt status for specified assessment years, conditional on exclusive application or accumulation of income for its objects under the modified accumulation rules; investments confined to statutory permitted forms; prohibition on distributing income to members except grants to affiliated bodies; and exclusion of business income unless incidental to objectives with separate accounting.

Special Economic Zone approval enables developers to obtain exemption under section 80-IA upon government agreement.
The scheme establishes development, approval and governance of Special Economic Zones to promote export oriented infrastructure and units, requiring project reports and State commitments on environment, utilities, tax and administrative delegations; the Board of Approval considers proposals and the Department of Commerce issues a letter of permission to developers, which is treated as the agreement for claiming exemption under section 80 IA of the Income tax Act, subject to compliance and possible withdrawal for breaches.

Amendment to Income-Tax Notification updates tax authorities' jurisdictional schedule, altering commissioner designations, effective upon publication.
The amendment substitutes specified entries in Schedule-I of S.O. 733(E) (serial nos. 6, 8, 11, 23, 28, 50, 51, 76, 77, 81) with updated Chief Commissioner and Commissioner designations, headquarters and jurisdictions, and inserts new serial nos. 86-95 with their corresponding offices. Other provisions of the notification remain unchanged. The amendment takes effect from the date of publication in the Official Gazette.

Schedule I amendment updates Income tax Investigation office designations in Mumbai and is effective upon Gazette publication.
Amendment to Schedule I substitutes entry 2 to list the offices under the Director General of Income tax (Investigation), Mumbai: Commissioner of Income tax (Central), Mumbai II; Commissioner of Income tax (Central), Mumbai III; Commissioner of Income tax (Central), Mumbai IV; Commissioner of Income tax (CIB), Mumbai; Director of Income tax (Investigation), Mumbai I; Director of Income tax (Investigation), Mumbai II, with the remainder of S.O. 734(E) unchanged and the amendment effective from Gazette publication.

Tax exemption under section 10(23C) conditionally approves an institute's charitable status for specified assessment years.
Approval under section 10(23C) conditionally recognizes Birla Institute of Technology and Science, Pilani as eligible for income-tax exemption for the specified assessment years, subject to the institution's conformity with the substantive requirements of the cited clause and the procedural conditions of the relevant rule.

Corrigendum corrects an earlier government notification by replacing a personal name and changing 'Trust' to 'Hospital'.
Corrigendum amends a prior Gazette notification by directing that the entry "Ramakant" be read as "Raman Kant" and that "Trust" be read as "Hospital," specifying the corrections to the printed columns of the notification.

Research approval requires institutions to maintain separate research accounts and file annual returns and audited research accounts.
Approval is granted to the Centre for Development of Telematics as an institution under sub section (1) of section 35, subject to maintaining separate books for research (except for associations), furnishing an annual return of research activities to the Department of Scientific and Industrial Research, and submitting audited annual accounts and audited income and expenditure accounts for the research activities to the designated income tax exemption and tax authorities by the annual due dates stated in the notification.

Research approval under section 35: association must maintain records, file annual return and submit audited research accounts.
Approval is granted to the Centre for Materials for Electronics Technology as an Association under sub-section (1) of section 35 of the Income-tax Act for research exemption, subject to maintaining separate books of account for research (unless exempt for associations), filing an annual return of research activities with the Secretary, Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts and audited income and expenditure accounts for research to specified tax and DSIR authorities by 31 October each year.

Tax exemption for a notified charitable trust requires exclusive application of income and specified investment, reporting, and dissolution conditions.
Notification recognizes Bala Mandir Kamaraj Trust, Chennai as a notified charitable institution under clause (23C)(iv) of section 10 for assessment years 1999-2000 to 2001-2002, conditional on exclusively applying or accumulating income for its objects; restricting investments to forms permitted under Section 11(5) (except certain voluntary contributions); treating business income as excluded unless incidental with separate books; filing returns regularly; and transferring surplus assets on dissolution to a like charitable organization.

Section 35 approval for research institutions requires separate research accounts, annual DSIR return and audited account submissions.
Approval under section 35(1)(ii) grants IUCAA institutional tax-exempt status for 1 April 2001-31 March 2004, subject to maintaining separate research books, filing an annual scientific research return to the Secretary, Department of Scientific & Industrial Research by 31 May, and submitting audited annual accounts and an audited Income & Expenditure Account for research activities to specified tax and scientific authorities by 31 October each year, in addition to filing its income-tax return; renewal applications must be submitted in triplicate through the tax-exemption authority and directly to the Secretary, DSIR.

Avoidance of double taxation: treaty allocates taxing rights, limits source state withholdings and provides credit and mutual agreement procedures.
The Convention allocates taxing rights between India and Ukraine and prescribes relief and cooperation mechanisms to avoid double taxation and prevent fiscal evasion. It defines residency (with tie breaker rules), permanent establishment criteria (including agency and construction-site rules), and source rules for immovable property, business profits, shipping, dividends, interest, royalties and capital gains. It limits withholding taxes for beneficial owners, requires arm's length attribution for associated enterprises, provides a tax credit method for relief, imposes non discrimination, and establishes mutual agreement, information exchange and tax collection assistance procedures.

Tax exemption for HUDCO tax free bonds requires holder registration to qualify under the specified income tax provision.
Under Section 10(15)(iv)(h) the Central Government specified HUDCO Tax Free Bonds issued during 2000-01 as exempt from income tax; bonds are of face value one lakh, bear a stated interest rate and ten year tenor, issued across Series XVII A, XVII B and XVII C with specified distinctive numbers. The exemption is admissible only if the holder registers his or her name and the holding with the issuing corporation.

Approval under section 10(23G) grants tax benefit to a specified infrastructure power project, subject to compliance and audit.
Approval under section 10(23G) was granted to G.V.K. Industries Limited for the 235 MW combined cycle power plant at Jegurupadu for the assessment years 2002-2005, conditional on conformity with the Income-tax Act and rule 2E. The Central Government may withdraw approval if the enterprise ceases to provide the infrastructure facility, fails to maintain books of account or obtain the required audit, or fails to furnish the audit report required by sub-rule (7) of rule 2E.

Section 10(23G) approval for infrastructure enterprise granted, subject to compliance, audit obligations and withdrawal on noncompliance.
Approval granted to M/s Malana Power Company Limited for income-tax exemption under section 10(23G) in respect of the 86 MW Malana Hydro Electric Project. The approval is conditional on compliance with the statutory exemption framework and rules, maintenance of books of account, obtaining an accountant's audit and furnishing the required audit report; the Central Government may withdraw approval if the undertaking ceases to be an infrastructure facility or fails to comply with these audit and record-keeping requirements.