Exemption under section 35AC: extension of eligibility for specified school, hostel and training project for tax benefit.
The Central Government specifies that the construction of a school building, hostel for mothers of handicapped children and a training programme at Saraswathipuram, Mysore by Parents Association of Deaf Children are eligible projects or schemes under the Explanation to section 35AC of the Income tax Act; on recommendation of the National Committee and without change in the approved cost, the specification is extended for a further three assessment years commencing from assessment year 1996 97.

Exemption under section 35AC: awareness and rehabilitation scheme of Dr. Vidya Sagar Hospital specified as eligible and extended.
Central Government specified under clause (b) of the Explanation to section 35AC that the awareness and rehabilitation programmes for drug addicts and alcoholics run by Dr. Vidya Sagar Hospital, New Delhi, are an eligible project; the National Committee recommended and the Government approved an extension of the specified period and an upward revision of the estimated project cost, maintaining the project's entitlement to exemption under the provision.

Tax deduction benefit amended to increase approved project cost for a nonprofit project's eligibility under the relevant notification.
Amendment to the notification under Section 35AC replaces the previously recorded project cost and the maximum approved cost for the named beneficiary by substituting the earlier figures with updated figures in both the project description column and the approved maximum-cost column of the notification table.

Section 35AC amendment revises notified project description to include maintenance of ophthalmology and second and third ENT phases.
Amendment under the Income-tax Act substitutes the phrase in column 2 of the cited notification so that the project description expressly covers maintenance of Ophthalmology and the second and third phases of the ENT Department, thereby revising the enumerated scope of the notified project for purposes of eligibility under section 35AC.

Specified bonds under section 80L: designation of secured redeemable non convertible bonds issued by NHPC as qualifying instruments.
Central Government specifies, under clause (ii) of sub section (1) of section 80L of the Income tax Act, two series of seven year taxable secured redeemable non convertible bonds issued by the National Hydroelectric Power Corporation Limited (a 13 per cent series and a 13.25 per cent series), identifying their denomination, distinctive numbering ranges and aggregate issue amounts, and thereby designating those instruments for the purposes of the cited clause.

Tax-free bonds specified as exempt under section 10(15)(iv)(h), issued by National Hydroelectric Power Corporation, require holder registration.
Central Government specifies tax-exempt secured redeemable non-convertible J-series bonds issued by the National Hydroelectric Power Corporation as within the exemption in clause (iv)(h) of clause (15) of section 10 of the Income-tax Act, subject to a condition that the exemption is admissible only if the holder registers his or her name and holding with the issuing corporation.

Specification of sport archery under section 10(23) confirms tax recognition by the Central Government for the sport.
The Central Government, exercising powers under clause (23) of section 10 of the Income-tax Act, specified archery as a recognised sport for the purposes of that clause by Notification S.O.1720 dated 14-6-1995, identifying archery among activities qualifying under the statutory exemption category.

Section 10(23C)(iv) notification recognizes tax-exempt status of Bharat Scouts and Guides for the 1989-90 assessment year.
Notification recognizes Bharat Scouts and Guides, New Delhi, as qualifying for tax-exempt status under section 10(23C)(iv), the Central Government exercising the power conferred by that provision to notify the organization for the stated assessment year by S.O. 2542 dated 31-5-1995.

Deduction under Section 35AC: approved institutions and eligible projects listed with specified eligible costs and validity periods.
Under Section 35AC the Central Government, on National Committee recommendations, approves named institutions and specifies for each the eligible project or scheme, the estimated project cost and the maximum amount of that cost allowable as a deduction. The notification lists project descriptions and locations, fixes the deductible cost cap per project, and prescribes differing validity periods for the availability of deductions for particular serial numbers.

Tax-free bonds under income-tax exemption provision exempt income, subject to holder registration with the issuing agency for entitlement.
Central Government specifies tax-free bonds issued by a renewable energy finance agency under the income-tax exemption provision 10(15)(iv)(h), designating a defined series of bonds with specified distinctive numbers and nominal value per bond as eligible for exemption. The tax benefit is conditional on the holder registering their name and holding with the issuing agency; only registered holders qualify for the exemption under the notification.

Specified bonds under section 80L: Central Government lists secured redeemable non convertible bonds by MTNL as eligible.
The Central Government, under clause (ii) of sub section (1) of section 80L, specifies certain secured redeemable non convertible bonds as the instruments described: multiple series distinguished by tenure and taxable interest rates, each bond of one thousand rupees, identified by distinctive numbering ranges and aggregate issue values, thereby designating those listed tranches as specified securities for the purposes of section 80L.

Exemption under section 35AC: specification of an educational project extended as eligible for tax-exempt donations.
Central Government re specified Yogiji Maharaj Mahavidyalaya and Educational Complex for Rural Women at Dhari, Gujarat as an eligible project under the tax exemption framework, following the National Committee's recommendation to extend the project's duration and amend the estimated project cost; the project's eligibility was renewed for a further multi year period commencing from the assessment year succeeding the initial notification.

Section 35AC eligibility extended for vocational training and community welfare project, enabling continued tax-exempt support for further assessment years.
The Central Government, under section 35AC, specified Akhand Jyot Foundation's construction of a 600 square feet building with equipment and furniture for a vocational training centre and community welfare centre at Vasna, Ahmedabad as an eligible project. Following a National Committee recommendation under rule 11M(5) that the project was properly executed, the specification was extended for a further three assessment years commencing from the assessment year 1996-97 at an estimated cost of twenty six point forty eight lakhs.

Section 35AC exemption extended for specified charitable medical and rehabilitation project, preserving donor tax relief.
Central Government specifies under Section 35AC that Helpage India's activities - medical care to old and leprosy patients, homes for old persons, rehabilitation of destitute old women, and eye camps - are an eligible project or scheme, and extends that eligibility for a further three assessment years following a National Committee recommendation, noting the project's estimated cost.

Section 35AC exemption: specification of a rehabilitation project as eligible, extending tax-exempt recognition for additional assessment years.
The Central Government specifies the Research and Rehabilitation Centre for the Deaf of the Delhi Association of the Deaf as an eligible project for tax exemption under the Explanation to section 35AC, extending the specification for a further three assessment years commencing from the assessment year 1996-97 following the National Committee's recommendation that the project is being executed properly.

Exemption under Section 35AC: Integrated Rural Development Programme specified as eligible for an extended period, enabling tax-deductible donations.
The Central Government re specifies the Integrated Rural Development Programme (twenty defined components, including roads, sanitation, housing, health facilities, water projects, agricultural and horticultural development, education and training, and a comprehensive rural health project by Bhoruka Charitable Trust) as an eligible project or scheme for a further period of three assessment years commencing from the assessment year 1996-97, at the aggregate estimated cost less Government grants, following a recommendation of the National Committee that execution was satisfactory.

Exemption under section 35AC: specified institutions and projects approved for eligible project deduction subject to prescribed limits and periods.
Approval under the income tax exemption provision is granted for specified institutions and their identified projects, each with an estimated project cost and a maximum portion of that cost eligible for deduction. The notification lists projects across health, education, training, water supply and community welfare, and sets the temporal scope of applicability for certain projects, tying the approval to particular assessment years and prescribed monetary limits.

Double taxation avoidance treaty allocates taxing rights and limits source withholding for cross border income between India and Vietnam.
Treaty allocates taxing rights between India and Vietnam for residents and specified taxes on income. Business profits are taxable in the residence State except to the extent attributable to a permanent establishment in the other State; detailed rules govern attribution, deductions and apportionment. Specific rules and source state withholding caps apply to dividends, interest, royalties and technical or managerial fees when the recipient is the beneficial owner, with exceptions for amounts effectively connected to a permanent establishment or fixed base. Mutual agreement, exchange of information, non discrimination, entry into force and termination provisions are included.

Tax exemption specification: rowing designated under section 10(23) to qualify as a specified sport for tax purposes.
Central Government, exercising powers under clause (23) of section 10 of the Income tax Act, 1961, specifies the sport "rowing" as a specified sport for the purposes of section 10(23) by Notification No. S.O.1241 dated 21 4 1995, thereby classifying rowing within the statutory category recognised for the income tax provision.

Avoidance of double taxation: treaty allocates taxing rights, sets permanent establishment rules and withholding limits.
The Agreement provides a bilateral framework to avoid double taxation and prevent fiscal evasion between India and Switzerland, defining residence and tie breaker rules, the permanent establishment standard with specific inclusions and exclusions, and allocates taxing rights across income categories-including business profits, immovable property, dividends, interest, royalties, fees for included services and capital gains-while prescribing withholding rate ceilings, exceptions for effectively connected income, methods for elimination of double taxation, a mutual agreement procedure, and exchange of information with confidentiality safeguards.