Section 80L bond specification: seven-year secured redeemable non-convertible bonds allowed, transfer requires transferee notice within sixty days.
Central Government specifies taxable secured redeemable non-convertible bonds of seven year tenure issued by Housing and Urban Development Corporation as qualifying under section 80L; 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 such transfer.

Tax-exempt bonds specified; tax benefit allowed only if bondholder registers holdings with the issuer.
Central Government specifies secured, redeemable, non-convertible bonds issued by the Housing and Urban Development Corporation as tax-exempt under item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961; the tax benefit is admissible only if the bondholder registers his name and holding with the issuer.

Tax exemption notification under section 10(23C)(iv) grants conditional recognition to a charitable association for specified assessment years.
Notification under section 10(23C)(iv) notifies Family Planning Association of India, Bombay for specified assessment years subject to conditions: income must be applied or accumulated wholly and exclusively to its objects; investments or deposits of funds during the relevant previous years are restricted to the modes specified for charitable trusts except for voluntary contributions retained in tangible form; and the notification does not apply to business income unless the business is incidental to objectives and separate books of account are maintained.

Notification under section 10(23C)(iv): tax exemption granted to organization subject to application, investment and business segregation conditions.
Notification under section 10(23C)(iv) notifies Maharashtra State Women's Council, Bombay as eligible for the provision for the specified assessment years, subject to conditions: apply or accumulate income wholly and exclusively for its objects; not invest or deposit funds except in modes permitted under section 11(5) (excluding certain voluntary contributions held as jewellery, furniture, etc.); and exclude business income unless incidental to objectives with separate books of account.

Charitable exemption recognition for a memorial society subject to exclusive income application and investment and business conditions.
Notification grants tax exemption recognition to Sardar Vallabhbhai Patel Memorial Society for specified assessment years subject to conditions: apply or accumulate income wholly and exclusively to its objects; restrict investments or deposits to permitted modes with exception for voluntary contributions held in kind; and exclude business profits from the concession unless the business is incidental to objectives and accounted for in separate books.

Tax exemption notification under section 10(23C)(v) conditions application of income and investment rules for nonprofit.
Notification designates Missionary Evangelism Society as eligible under section 10(23C)(v) for specified assessment years provided it applies or accumulates its income wholly and exclusively to its objects, restricts investment or deposit of funds except in legally specified forms (excluding voluntary contributions in kind), and excludes profits and gains of business from the notification unless the business is incidental to its objects and is maintained in separate books.

Section 35(1)(ii) approval: Wool Research Association granted institutional status subject to separate research accounts and annual returns.
Approval of the Wool Research Association as an institution under section 35(1)(ii) is effective from 1-4-1991 to 31-3-1992. Conditions require a separate account for scientific research, an annual return of research activities to the Secretary, Department of Scientific and Industrial Research by 31 May, and submission of audited annual accounts to prescribed tax and departmental authorities by 30 June. The notification also sets out the procedure and copy requirements for applying for extension of the approval.

Post Office Monthly Income Account amendment: no deduction if account closed after three years from opening.
Amendment adds a proviso to rule 1 of the Post Office (Monthly Income Account) Rules, 1987 that no such deduction shall be made if the account is closed after expiry of three years from the date of opening of such account, with the amendment coming into force on 1 October 1991.

Notification of charitable exemption grants T. T. Ranganathan Clinical Research Foundation status for specified assessment years.
The Central Government notifies T. T. Ranganathan Clinical Research Foundation, Madras, under sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961, thereby recognizing the Foundation as qualifying for the exemption set out in that provision and specifying the assessment years to which this recognition applies.

Tax exemption notification under section 10(23C)(v) designates Society of the Daughters of Mary as notified for two assessment years.
The Central Government, invoking sub clause (v) of clause (23C) of section 10 of the Income tax Act, 1961, notified the Society of the Daughters of Mary, Trivandrum as eligible under that provision for the assessment years 1988 89 and 1989 90, formally recording the society's entitlement to the statutory tax exemption for those years.

Tax exemption recognition permits status subject to exclusive application of income, permitted investments, and incidental business limits.
Notification grants tax-exemption recognition to Indian National Theatre for the specified assessment years, conditioned on the assessee applying or accumulating income wholly and exclusively to its objects; restricting investments or deposits to statutory permitted forms (except for voluntary contributions maintained as jewellery, furniture, etc.); and excluding profits and gains of business from the notification unless the business is incidental to the objects and separate books of account are maintained.

Charitable notification under section 10(23C)(iv) grants tax recognition subject to income application and investment conditions.
Notifies Tata Agricultural and Rural Training Centre for the Blind, Bombay under sub clause (iv) of clause (23C) of section 10 for assessment years 1991 92 and 1992 93, subject to conditions that income be applied wholly and exclusively to the institution's objects, investments be limited to modes permitted by the Act (excluding certain voluntary contributions held as jewellery or furniture), and that business income is excluded unless incidental to objects with separate books of account.

Tax exemption notification for a charitable institution requires exclusive application of income and restricted permitted investments.
Designation of Sri Ranganathaswamy Devasthanam as eligible for tax exemption is subject to conditions: income must be applied or accumulated wholly and exclusively for its objects; investments are limited to permitted modes except for certain voluntary contributions held in tangible form; business profits are excluded unless incidental to objectives and kept in separate books.

Tax exemption under section 10(23C)(v) granted with conditions on application, investments, and business-income treatment for notified institution.
Notification designates Asthika Samaj, Bombay as a notified charitable institution for specified assessment years, conditioned on exclusive application or accumulation of income for its objects, restricted modes of investment or deposit consistent with statutory forms for charitable funds, and exclusion of business profits from exemption unless the business is incidental and maintained in separate books.

Tax exemption notification for religious institution subject to income application, permitted investments, and business income conditions.
Notifies a religious institution as eligible for exemption under the specified clause subject to conditions: apply or accumulate income exclusively for institutional objects; restrict investments or deposits to forms specified by law except voluntary contributions retained as movable items; and exclude business income unless incidental to objectives with separate books maintained.

Tax exemption for a notified educational institute conditioned on exclusive use of income and restricted permitted investments.
Notification under 10(23C)(v) designates William Carey Study and Research Centre as eligible for the stated income-tax exemption for assessment years 1991-92 to 1992-93, conditional on applying or accumulating income wholly and exclusively for its objects, investing funds only in modes permitted by section 11(5) (with an exception for certain voluntary contributions held as jewellery or furniture), and excluding business income unless incidental with separate books maintained.

Charitable exemption notification conditions tax relief on exclusive application of income and permitted investment and accounting compliance.
Notification grants charitable exemption to Seth Gokal Das Tejpal Charities, Bombay subject to conditions: income must be applied or accumulated wholly and exclusively for its objects; investments and deposits of funds are restricted to permitted forms except voluntary contributions retained as tangible items; and the notification does not cover business income unless the business is incidental to the charity's objectives and is maintained in separate books.

Charitable donation eligibility affirmed as donations to a notified place of worship qualify for tax deduction under income tax law.
Central Government notification designates The Kothandaramaswamy Temple at Madurantakam as a place of public worship of renown throughout the State of Tamil Nadu for purposes of the tax regime governing charitable donation deductions, identifying the temple by name and locality and recording the administrative instrument and date of designation.

Public worship designation enables donors to claim income tax deductions for contributions to the temple.
Notification designates Sivaganga Samasthanam Devasthanam as a place of public worship of renown throughout Tamil Nadu for the purposes of the income-tax deduction framework; issued by the Central Government under its statutory power by Notification No. S.O.2553 dated 3-9-1991 to record the temple's eligibility for donor tax benefits.

National Savings Certificates and related instruments notified under withholding provision for income-tax withholding applicability by government.
The Central Government notifies five specified Certificates for the purposes of the withholding provision: National Savings Certificates (V Issue), National Savings Annuity Certificate, National Savings Certificates (VI Issue), National Savings Certificates (VII Issue), and Social Security Certificates.