Interest exemption for Non Resident Non Repatriable Rupee Deposit Scheme applies to non-residents only going forward.
Interest on deposits under the Non-Resident (Non-repatriable) Rupee Deposit Scheme is specified as accruing exclusively to non-residents for tax purposes, under the Central Government's power in clause (15)(i) of section 10 of the Income-tax Act, and applies for assessment year 1993-94 and subsequent years.

Tax exemption under sub-clause (v) of clause 23C limits benefit to temples meeting application, investment, and accounting conditions.
Notification grants exemption under sub-clause (v) of clause (23C) of section 10 to Arulmigu Ramanathaswamy Temple for specified assessment years provided the temple applies or accumulates income wholly and exclusively for its objects, limits investments and deposits to forms permitted under section 11(5) (except certain voluntary contributions), and that business income is excluded unless incidental and accounted for in separate books.

Specified taxable secured redeemable bonds under section 80L require transferee notice to issuer within sixty days for tax benefit.
Central Government specifies taxable secured redeemable non convertible bonds issued by the National Power Transmission Corporation Limited as eligible under clause (ii) of sub section (1) of section 80L of the Income tax Act, 1961; the tax benefit on transfer by endorsement or delivery is admissible only if the transferee informs the Corporation by registered post within sixty days of the transfer.

Tax-exempt bonds specified under section 10(15)(iv)(h), issued by National Power Transmission Corporation, subject to holder registration requirement.
Specification of tax-free secured redeemable non-convertible bonds issued by the National Power Transmission Corporation Limited as eligible under item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961; the exemption applies to holders of those bonds only if the holder registers his name and holding with the issuing Corporation.

Tax exemption for a notified charitable institution subject to exclusive application of income and investment restrictions.
Notification registers the Catholic Bishops' Conference of India as a notified institution under section 10(23C)(v) for specified assessment years, conditional on applying or accumulating income wholly and exclusively to its objects; restricting investments or deposits (except certain voluntary contributions) to modes permitted by section 11(5); and excluding business income from the notification unless the business is incidental to the objectives and separate books of account are maintained.

Tax exemption notification: extends notified status to a charitable society subject to exclusive income application and investment limits.
Notification grants tax-exempt recognition to the Royal Commonwealth Society for the Blind, Bombay for specified assessment years, conditional on applying or accumulating income exclusively for its objects; restricting investments to modes specified in subsection (5) of section 11 (except certain voluntary contributions in kind); and excluding business income unless incidental to objectives with separate books maintained.

Charitable exemption recognition conditioned on exclusive application of income and restricted statutory investment modes.
Recognition under the charitable exemption is subject to conditions: income must be applied or accumulated wholly and exclusively to the society's objects; funds (other than certain voluntary contributions) may be invested only in statutory modes; and the notification excludes business income unless incidental to objectives and maintained in separate books.

Tax exemption for charitable association subject to application, investment, distribution and accounting conditions.
Notification designates The Bombay Hockey Association Limited as a notified charitable entity under section 10(23), subject to conditions: income must be applied or accumulated exclusively for its objects under the modified section 11 rules; investments limited to forms permitted by section 11(5) except certain notified tangible retention of voluntary contributions; no distribution of income to members except grants to affiliated bodies; business profits excluded unless incidental to objectives and maintained in separate books.

Tax exemption under section 35AC: contributions to a specified institution qualify for benefit for a designated infrastructure project.
Exemption under section 35AC specifies eligible projects and estimated costs for named companies; the Peerless General Finance and Investment Company Ltd. is authorised for a pedestrian overbridge at Ultadanga, with contributions from 1-4-1992 qualifying for the section 35AC benefit; the notification approves the project's balance estimated cost and remains in force for assessment years 1993-94 to 1995-96.

Section 35AC approvals designate specified institutions and projects as eligible for tax-exempt donations, limited-term notification.
Approval under section 35AC designates the listed institutions and their specified projects as eligible schemes for tax-exempt donations, naming each project and its estimated cost. The notification lists three institutions with corresponding projects and estimated project costs. It further states the notification's temporal limit, remaining in force for a three-year period applicable to the specified assessment years, thereby setting the time-bound scope for eligibility under the provision.

Tax-free railway bonds designated as qualifying instruments; tax benefit contingent on holder registration with the issuer.
Central Government specifies 10-year 9 per cent. tax-free redeemable non-convertible railway bonds of one thousand rupees each (Sixth Series) issued by the Indian Railway Finance Corporation Limited as qualifying instruments for the income-tax exemption category. The notification makes entitlement to the exemption conditional on the holder registering his name and holding with the issuing corporation.

Cost Inflation Index specified for past financial years to determine indexed cost for capital gains.
The Central Government, exercising powers under the Explanation to the Income-tax Act provision on indexed cost, specifies Cost Inflation Index figures for financial years 1981-82 to 1992-93 based on seventy-five per cent of the average rise in the Consumer Price Index for urban non-manual employees and publishes a table mapping each financial year to its index for use in computing indexed cost of acquisition for capital gains.

Tax exemption under section 10(23C)(iv): SOS Children's Village notified; income use and investment restrictions apply.
Notification grants SOS Children's Village of India tax-exempt status for specified assessment years provided income is applied wholly and exclusively to its objects, investments are limited to modes permitted for charitable trusts (with voluntary contributions permitted as jewellery or furniture), and business income is excluded unless incidental and maintained in separate books of account.

Tax exemption under section 10(23C)(iv) notified for a charitable mission, subject to exclusive application, permitted investments, and business restrictions.
Notification under 10(23C)(iv) notifies Shree Gadge Maharaj Mission, Bombay for assessment years 1991-92 to 1993-94 subject to conditions: income must be applied or accumulated wholly and exclusively for its objects; funds (except certain voluntary contributions retained as tangible items) must be invested only in modes specified in section 11(5); and business profits are excluded unless incidental to objectives and maintained in separate books.

Section 35AC eligible projects listed by government, specifying projects, costs and a three-year validity period.
The Central Government, on the National Committee's recommendation, specifies corporate-sponsored projects as eligible projects for the section 35AC tax incentive, listing each named company with its corresponding project or scheme and the estimated cost; projects include regional development, education centres, drinking water, rural health centres and school construction. The notification is limited to a three-year period covering specified assessment years and notes an amendment altering the village count for one school-construction entry.

Section 35AC approvals list eligible institutions and specified charitable projects with estimated costs for tax incentive eligibility.
Notification under section 35AC approves specified institutions on the National Committee's recommendation and specifies the eligible projects and schemes together with their estimated costs; the approvals are declared to remain in force for a limited three year period covering specified assessment years, thereby cataloguing the institutions and projects eligible under the provision for that duration.

Specification of NRI Bonds: Government designates SBI's NRI Bonds (Second Series) under an income tax provision.
Central Government, under sub clause (iid) of clause (15) of section 10 of the Income tax Act, 1961, by Notification No. S.O.551(E) dated 27 7 1992, specifies the NRI Bonds (Second Series) issued by the State Bank of India, a bank established under section 3 of the State Bank of India Act, 1955, for the purposes of that sub clause.

Income-tax appellate procedure updated: paper-book filing deadlines set and copying fees, including urgent and publisher rates, revised.
Amendment mandates submission of a duplicate indexed paper-book at least one day before hearing with proof of service a week prior, subject to bench condonation of delay. It establishes a per-page certified copy fee, doubles fees for urgent or immediate stenographer-copy delivery, allocates fifty percent of urgent typing fees to the typist, sets a publisher fee per page, and requires advance cash recovery of all certified-copy fees.

Tax exemption under section 10(23) granted with conditions on income application, permitted investments, distribution, and business income.
Notification grants tax exemption under section 10(23) to the Maharashtra Cricket Association, Pune for assessment years 1992-93 to 1994-95 subject to conditions: apply or accumulate income solely for its objects as modified by sections 11(2) and 11(3); invest only in forms permitted by section 11(5) except permitted voluntary contributions; do not distribute income to members except as grants to affiliated institutions; and exclude business profits unless incidental with separate books maintained.

Tax exemption under section 10(23C)(v) curtailed by strict conditions on application of funds, permitted investments, and business income.
Notification grants tax-exempt status to Sri Raghavendra Swamy Mutt for specified assessment years subject to conditions: income must be applied or accumulated only for the institution's objects; funds must be invested only in forms specified in section 11(5) except voluntary contributions held in kind; and business profits are excluded unless the business is incidental and maintained in separate books.