Approval under section 35(1)(ii) tax exemption recognised; institution approved subject to annual reporting and audit.
M. S. Swaminathan Research Foundation was approved as an institution eligible under clause (ii) of sub section (1) of section 35 for research tax exemption, subject to maintaining separate research accounts, filing annual scientific research returns to the Department of Scientific and Industrial Research, and submitting audited annual accounts to the Director General (Income tax Exemptions), the Secretary of the Department, and the local income tax authority; renewal requires a triplicate application through the local tax authority and additional copies to the Department.

Home Loan Account Scheme specified as a qualifying deduction under section 80C, extending eligibility for subsequent assessment years.
The Central Government specifies the Home Loan Account Scheme of the National Housing Bank, established under section 3 of the National Housing Bank Act, 1987, as qualifying under sub clause (ia) of clause (h) of sub section (2) of section 80C of the Income tax Act for the assessment year 1990 91 and subsequent assessment years, thereby designating the Scheme for purposes of that deduction provision.

Tax notification: NRI bond exemption under section 10(15) designates SBI-issued 1988 bonds as tax-exempt.
Central Government notifies that the "NRI Bonds, 1988" issued by the State Bank of India are brought within the exemption under sub-clause (iid) of clause (15) of section 10 of the Income-tax Act, 1961, designating those bonds for the purposes of that sub-clause and thereby specifying their tax treatment.

Time-limit extension for deposit scheme alters permissible filing windows for retiring employees and modifies interim period.
Amendment alters the Deposit Scheme for Retiring Government Employees by extending the allowable period to place retirement receipts-paragraph 4(a) adds an alternative later outer date to the initial deposit requirement and the first proviso substitutes a longer interim period for the original shorter one; these changes adjust the permissible filing windows and transitional compliance mechanics under the Scheme.

Specification of field cookery under section 10(6)(viia) designates cookery as a recognized field for that provision.
The Central Government has, by statutory notification under the Explanation to sub-clause (viia) of clause (6) of the Income-tax Act, specified the field of cookery for the purposes of that sub-clause, designating cookery as a recognized field under the cited provision.

Tax exemption under section 10(23C)(iv) notifies Institute for Indian Labour as eligible for specified assessment years.
Central Government notification S.O. 3106 dated 6-10-1989, issued under sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961, designates the Institute for Indian Labour, Calcutta as covered by that exemption provision and notifies the Institute as eligible for the specified assessment years.

Specified NLC bonds transfer benefit requires transferee notice by registered post within sixty days.
Central Government specifies the 7 year 13 per cent. (taxable) Secured Redeemable Non convertible NLC Bonds (D series) as falling within the proviso to section 193, and provides that the benefit under that proviso on transfer by endorsement or delivery is admissible only if the transferee informs the issuing corporation by registered post within sixty days of such transfer.

Specified NLC bonds confer section 80L tax benefit, subject to transferee notifying the Corporation within sixty days.
Central Government specifies 7-year 13 per cent. (taxable) Secured Redeemable Non-Convertible NLC Bonds (D-series) issued by Neyveli Lignite Corporation Limited as eligible for the tax benefit under clause (ii) of subsection (1) of the Income-tax Act, subject to a proviso that any transferee must inform the Corporation by registered post within sixty days of transfer for the benefit to be admissible.

Tax-free bond specification: holders of specified NLC D-series bonds receive exemption subject to mandatory registration with issuer.
Central Government specifies 10-year 9 per cent. tax-free Secured Redeemable Non-Convertible NLC Bonds (D-series) issued by Neyveli Lignite Corporation as qualifying securities for the stated exemption; the exemption is subject to the condition that the holder registers his name and holding with the issuing corporation.

Appropriate Authority appointment updated to replace the named official, amending the tax notification for administrative implementation.
Amendment to a prior tax notification substitutes the named Appropriate Authority for the Bombay jurisdiction by replacing the item against the relevant serial entry in the Table, updating the official responsible for functions attributed to that administrative designation.

Appointment under Section 269UB: Appropriate Authority for Bangalore substituted to Shri K. Subramanian as Commissioner.
Under the enabling provisions of Section 269UB, the Central Government amends the earlier notification by substituting item (i) against Serial No. 1 in the Table to designate Shri K. Subramanian, Commissioner of Income-tax, as the Appropriate Authority for Bangalore.

Tax exemption for specified bonds confirmed; transfer benefit requires transferee to notify issuer by registered post within sixty days.
Notification designates two categories of secured redeemable non-convertible bonds-one tax-exempt long-term series and one taxable shorter-term series-as specified instruments under the relevant clause of the Income-tax Act. It stipulates that the benefit on transfer by endorsement or delivery is admissible only if the transferee notifies the issuing corporation by registered post within sixty days of the transfer.

Tax treaty allocation of taxing rights and withholding ceilings between India and Denmark to prevent double taxation and fiscal evasion.
Convention allocates taxing rights between India and Denmark for residents and specified taxes on income and capital, defines key terms including resident and permanent establishment, provides tie breaker rules for dual residence and place of effective management, and sets withholding ceilings and source/residence rules for dividends, interest, royalties, business profits and capital gains. It prescribes arm's length profit attribution to permanent establishments, non discrimination protections, methods for elimination of double taxation by credit, and administrative cooperation through mutual agreement, information exchange and assistance in collection, with Protocols extending coverage and fixing procedural thresholds.

Tax exemption designation: specified mutual fund recognised as a public sector bank mutual fund under the income tax provision.
Central Government designates "The India Magnum Fund N. V. Mutual Fund" set up by a public sector bank as a mutual fund of public sector banks under the income tax provision that authorises specification of mutual funds for tax purposes, identifying the fund by name and citing the statutory power used to effect the specification.

Tax exemption for specified MTNL tax free bonds contingent on registration of holders' names and holdings.
Central Government specifies that "MTNL 10 year 9 per cent. (tax free) Secured Redeemable Non Convertible Telephone Bonds 1989 (3rd Issue)", issued by Mahanagar Telephone Nigam Limited, are specified for the purposes of clause (15)(iv)(h) of section 10, and the exemption is admissible only if the holder registers his name and holding with the Nigam.

Tax exemption for specified SCICI bonds requires holder registration with issuer to claim the tax-free interest benefit.
Central Government specifies 15-year 9 per cent. SCICI Bonds (Series 2) as entitled to tax exemption under clause (15)(iv)(h) of section 10, with the exemption admissible only if the bondholder registers his name and holding with the issuing company, making issuer registration a prerequisite to claim the tax-free treatment.

Double taxation agreement limits taxation of business profits to the country where a permanent establishment exists, with concessional source taxation.
The Convention provides that business profits of an enterprise of one Contracting State are taxable in the other State only if the enterprise operates through a permanent establishment there; it also makes mutual exemption for shipping and aircraft profits and prescribes concessional source-country taxation for dividends, interest, royalties and specified service fees, with entry into force upon exchange of notes confirming completion of each State's legal procedures.

Jurisdiction allocation: Directors authorised to exercise powers under section 132 nationwide and other powers within specified territories.
The notification supersedes earlier delegation as to Directors and directs that the listed Directors shall exercise powers under section 132 across India, and exercise all other powers of the Income-tax Act within the territorial areas specified in the Schedule; it also authorises them to issue written orders delegating functions to subordinate Income-tax authorities and takes immediate effect.

Specified HUDCO shelter bonds under section 193 proviso; transfer benefit conditional on transferee sending registered-post notice within prescribed period.
Central Government specifies 7-year 13% (taxable) Public Sector Shelter Bonds (Series-III) issued by the Housing and Urban Development Corporation for the purpose of the proviso to section 193 of the Income-tax Act, 1961. The proviso benefit on transfer by endorsement or delivery is admissible only if the transferee informs the Corporation by registered post within sixty days of such transfer.

Specification under section 80L: HUDCO shelter bonds require transferee notification to secure tax benefit.
Central Government specifies HUDCO's Public Sector Shelter Bonds (Series-III) as eligible under clause (ii) of sub-section (1) of section 80L of the Income-tax Act. The tax benefit attaches to those taxable shelter bonds, but where the bonds are transferred by endorsement or delivery the benefit is admissible only if the transferee informs the issuing Corporation by registered post within sixty days of such transfer.