Specification of bonds under the section 193 proviso: transferee must notify issuer by registered post within sixty days to secure benefit.
Central Government specifies "12.5% HDFC Bonds, 1998 (B)" as covered by the proviso to section 193; benefit under that proviso is admissible on transfer by endorsement or delivery only if the transferee informs the issuer by registered post within sixty days of the transfer.

Income-tax Appellate Tribunal members' retirement age increased to 62, effective from date of official Gazette publication.
Substitutes the word "sixty" with "sixty-two" in rule 11 of the Income-tax Appellate Tribunal Members (Recruitment and Conditions of Service) Rules, 1963, increasing the Tribunal members' upper age limit; made under the proviso to Article 309 and effective from publication in the official Gazette.

Annuity plan specification recognizes certain LIC plans as eligible for income tax deductions under the relevant provision.
The Central Government designates Life Insurance Corporation of India's Jeevan Dhara and Jeevan Akshay plans as the Corporation's annuity plans for the purposes of the income-tax deduction provision, based on those plans having been filed with the Controller of Insurance under the Insurance Act and relevant rules.

Tax exemption notification under section 10(23C)(iv) recognises Jehangir Art Gallery for specified assessment years.
The Central Government notifies Jehangir Art Gallery, Bombay as recognised under the income tax exemption provision for charitable/educational institutions, specifying that the recognition applies for the stated assessment years and thereby situating the gallery within the statutory exemption framework for those years.

Notification under section 10(23C)(iv): Sarat Samity recognised, enabling tax-exemption status for specified assessment years.
The Central Government, under the authority of sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961, notifies "Sarat Samity, Calcutta" for the purposes of that sub-clause, applying the notification to the assessment years 1985-86 to 1988-89 by Notification No. S.O.191 (No. 8098/F. No. 197/131/88-IT (AI)).

Tax exemption under Section 10(23C)(iv): organisation notified as eligible for the specified assessment year by government.
The Central Government, exercising powers under clause (iv) of clause (23C) of section 10 of the Income-tax Act, notified "Organisation of Pharmaceutical Products of India" as an entity eligible for the specified exemption for the stated assessment year.

Tax exemption notification under 10(23C)(v) registers Shri Sanatan Dharam Sabha Lakshmi Narain Temple Trust for specified assessment years.
Central Government notification under 10(23C)(v) of the Income-tax Act formally notifies Shri Sanatan Dharam Sabha Lakshmi Narain Temple Trust, New Delhi, as covered by the charitable trust exemption provision for specified assessment years, exercising the powers conferred by that sub-clause to record the trust's inclusion and the temporal extent of the notification.

Tax exemption notification under section 10(23C)(iv) recognizes Bharat Scouts and Guides' notified status for assessment purposes.
Central Government notified The Bharat Scouts and Guides under clause (iv) of clause (23C) of section 10 of the Income tax Act, recognising the organisation for assessment year tax treatment as set out in Notification No. S.O.189 (1988).

Tax exemption notification under section 10(23C)(iv) grants charitable institution recognition under the Income tax Act for specified years.
Notification under sub clause (iv) of clause (23C) of section 10 of the Income tax Act recognises Sangit Mahabharati for the purposes of that provision for assessment years 1987 88 and 1988 89 by S.O.188 dated 1 9 1988, thereby placing the institution within the statutory exemption framework for those years.

Specified bond transfer benefit conditioned on timely registered notice to the issuer after transfer to secure proviso entitlement.
The Government specifies certain bonds issued by the Industrial Development Bank of India as eligible for the proviso benefit to the withholding rule. The proviso benefit on transfer by endorsement or delivery is conditional on the transferee informing the issuer by registered post within sixty days of the transfer; noncompliance denies the benefit.

Specified debentures under section 193 proviso retain tax benefit if transferee notifies issuer by registered post within prescribed period.
Central Government specifies certain debentures and bonds as eligible under the proviso to section 193, listing the eligible series, and makes the availability of the proviso's benefit on transfer by endorsement or delivery conditional on the transferee informing the issuer by registered post within the prescribed period.

Tax exemption under Section 10(23C)(v) notified for Paramakkavu Devaswom by Central Government for specified assessment years.
Notification recognizes Paramakkavu Devaswom, Trichur, as qualifying under Section 10(23C)(v) of the Income tax Act by Central Government exercise of power, specifying the institution and the assessment-year scope to which the provision applies.

Tax exemption notification under section 10(23C)(v) recognizes Poondy Parish for specified assessment years in central government order.
Notification designates Poondy Parish, Poondy under the sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961, with the Central Government specifying that the designation applies for the assessment years 1985-86 to 1988-89.

Notification under section 10(23C)(v) recognizes tax-exempt status for a religious institution for specified assessment years.
Central Government notification under section 10(23C)(v) of the Income-tax Act, 1961, recognises Dharmapuram Adheenam as covered by that sub-clause for the assessment years 1987-88 and 1988-89, as recorded in S.O.2984 dated 25-8-1988.

Exemption under section 10(23C)(iv) granted to Krishnamurti Foundation India for the 1988-89 assessment year; notification issued.
Central Government notification designates Krishnamurti Foundation India as eligible for exemption under sub clause (iv) of clause (23C) of section 10 of the Income tax Act for the assessment year 1988-89, recognizing the institution within the statutory category and applying the exemption mechanism of that provision for that assessment year.

Tax deduction for donations: Temple recognised as public place of worship; donations limited to renovation under accounting conditions.
Notifies Sri Kamakala Kameswarar Devasthanam, Triplicane, Madras as a place of public worship of renown for purposes of section 80G, subject to conditions that the temple maintain separate books of account and that donations received be utilised exclusively for the renovation of the temple.

Tax exemption under section 10(23C)(iv) notified for Swami Ramananda Tirtha Memorial Committee for several assessment years.
Central Government, exercising powers under section 10(23C)(iv) of the Income-tax Act, 1961, notifies Swami Ramananda Tirtha Memorial Committee, Hyderabad, as eligible under that sub-clause for the assessment years 1984-85 to 1988-89; recorded as Notification No. S.O.186 dated 22-8-1988.

Exemption from foreign exchange conservation travel tax for pilgrimage to Hayat Pitafi removes tax on foreign exchange releases.
The Central Government, exercising powers under the Finance Act, exempts the whole foreign exchange conservation (travel) tax on any release of foreign exchange for pilgrimage to Hayat Pitafi, Pakistan, declaring such releases relieved from the travel tax levied under Chapter V of the Act.

Specified bond exemption applies but transferee must notify the issuer by registered post within sixty days of transfer.
The Central Government designates "11.00% Exim Bank Bonds, 2003 (Fifth Series)" as specified bonds under the proviso to section 193, making them eligible for the proviso's withholding treatment, provided the transferee notifies the issuer by registered post within sixty days of any transfer effected by endorsement or delivery.

Exemption of international air transport income bars taxation by the other State for designated airlines under the bilateral tax treaty.
Income derived by an enterprise of a Contracting State from the operation of aircraft in international air traffic is exempt from tax in the other Contracting State, including income from participation in pools, joint airline businesses or international operating agencies, and interest on funds connected with such operations. The Agreement specifies covered taxes and designates competent authorities, while allowing application of domestic meanings for undefined terms and prescribing a mutual agreement procedure for resolving interpretive or application disputes.