Section 10(23G) approval for infrastructure project granted, conditional on compliance with rule 2E and audit requirements.
Approval is granted to M/s TCI Infrastructure Finance Limited under section 10(23G) of the Income tax Act, 1961, read with rule 2E of the Income tax Rules, 1962, for specified assessment years for construction of a four lane road overbridge on a BOT basis; the approval is conditional on compliance with section 10(23G) and rule 2E, maintenance and audit of books as required by sub rule (7) of rule 2E, and furnishing the requisite audit report, and may be withdrawn on cessation of the infrastructure facility or failure to meet the accounting and reporting requirements.

Section 35 approval for research institution status imposes specific bookkeeping, annual returns and audited reporting obligations.
Approval under sub-section (1) of section 35 grants Auroville Foundation notified Institution status subject to conditions: maintain separate books for research; furnish annual return of scientific research activities to the Secretary, Department of Scientific & Industrial Research by 31st May; and submit audited annual accounts plus a separate audited Income & Expenditure Account for research to the Director General of Income-tax (Exemptions), the Secretary (DSIR), and the Commissioner/Director of Income-tax (Exemptions) by 31st October, in addition to the normal return of income.

Tax exemption recognition granted to an institute subject to exclusive charitable use, prescribed investment modes, accounting and dissolution transfer.
Tax exemption recognition under clause (23C)(iv) of section 10 is granted to the Institute for Development and Communication, Chandigarh for specified assessment years, conditional on exclusive application of income to stated objects, permitted modes of investment for funds (excluding certain voluntary contributions in kind), exclusion of business income unless incidental and separately accounted, regular filing of income-tax returns, and transfer of surplus and assets on dissolution to a similarly purposed charitable organization.

Approval under section 10(23G) granted to Spice Communications, conditional on compliance and audit reporting, subject to withdrawal.
Approval is granted to M/s Spice Communications Limited for tax-exempt status for its license-based cellular infrastructure projects in Punjab and Karnataka, conditional on compliance with applicable provisions and rules, including maintenance of books of account and furnishing audited accounts; the Central Government may withdraw approval if the undertaking ceases to provide an infrastructure facility or fails to comply with audit and reporting requirements.

Correction to tax exemption notification: approved enterprise name and address amended for the approved entity.
Corrigendum amends Notification No. 308/2002 by correcting the approved enterprise entry in paragraph 3 to read: M/s Orissa Power Generation Corporation Ltd., 6th Floor, Alok Bharati Office Complex, Sahib Nagar, Bhubaneswar-751007, issued under the relevant tax exemption provision (file F.No.205/31/1998-ITA-II).

Tax exemption approval for infrastructure undertaking conditional on continued operation and mandated audit compliance.
Approval under section 10(23G) read with rule 2E was granted to M/s GMR Tambaram Tindivanam Expressways (P) Ltd for specified assessment years for its BOT highway strengthening and widening project, subject to continued operation as an infrastructure facility and strict compliance with maintenance of books, audit by an accountant and submission of the audit report under sub-rule (7) of rule 2E, failing which the Central Government may withdraw the approval.

Tax exemption under section 10(23G) granted subject to compliance; approval withdrawable if infrastructure ceases or audit obligations fail.
Approval is granted to M/s Power Grid Corporation of India Ltd for tax exemption under section 10(23G) read with rule 2E for specified assessment years for the Tehri Hydro Electric Project transmission system, subject to conformity with statutory provisions and to withdrawal if the enterprise ceases infrastructure operations, fails to maintain audited books of account, or fails to furnish the required audit report.

Tax exemption recognition for Rajiv Gandhi Foundation subject to income application, investment limits, compliance and dissolution transfer conditions.
Central Government notification designates Rajiv Gandhi Foundation as entitled to the tax exemption category under clause (23C)(iv) of section 10 for specified assessment years, conditioned on exclusive application or accumulation of income for its objects; investment and deposit restrictions confined to permitted forms; exclusion of business income unless incidental with separate books; regular filing of income-tax returns; and transfer of surplus and assets to a charitable organization with similar objectives on dissolution.

Tax exemption under clause 23C(iv) of section 10 granted subject to compliance with operational, investment and dissolution conditions.
Notification under clause (23C)(iv) of section 10 designates the Defence Civilians Medical Aid Fund, New Delhi, as eligible for income tax exemption for assessment years 1996-97 to 1998-99, subject to conditions: apply or accumulate income wholly and exclusively to its objects; restrict investments to permitted forms (except specified voluntary contributions kept as jewellery, furniture etc.); exclude business income unless incidental with separate books; file returns regularly; and on dissolution transfer surplus and assets to a similar charitable organization.

Notification recognizing tax-exempt status for Bombay Humanitarian League subject to specified compliance conditions for assessment years under income tax law.
Notification under clause (23C)(iv) recognizes Bombay Humanitarian League, Mumbai as entitled to specified tax treatment for stated assessment years, subject to conditions: exclusive application or accumulation of income to its objects; investments limited to permitted modes except certain in-kind voluntary contributions; exclusion of business income unless incidental and maintained in separate books; regular filing of income-tax returns; and, on dissolution, transfer of surplus and assets to a charitable organization with similar objectives.

Tax exemption recognition for charitable organisation conditioned on exclusive application of income, permitted investments, and compliance.
Notification recognises Child Relief and You (CRY), Mumbai under clause (23C)(iv) of section 10, subject to conditions: apply income wholly and exclusively to charitable objects; restrict investments to forms specified in section 11(5) except certain voluntary contributions; exclude business profits unless incidental with separate books; regularly file income-tax returns; and on dissolution transfer surplus and assets to a charitable organisation with similar objectives.

Tax exemption notification: approval conditioned on exclusive charitable application, restricted investments, separate books for incidental business and dissolution rules.
The trust is notified as eligible under the cited provision subject to conditions: income must be applied or accumulated exclusively for charitable objects; funds may be invested only in forms permitted by section 11(5) except certain voluntary contributions held in kind; business income is excluded unless incidental and maintained in separate books; regular filing of income-tax returns is required; and on dissolution surplus and assets must be transferred to a like-minded charitable organisation.

Tax exemption notification grants trust status under section 10 clause 23C(v) subject to compliance with specified conditions.
Notification designates Sri Raja Rajeshwari Devasthanam Trust, Bangalore as eligible under clause (23C)(v) of section 10 of the Income-tax Act for assessment years 2002-2003 to 2004-2005, subject to conditions: exclusive application or accumulation of income for trust objects; investments limited to forms permitted by the Act (excluding certain voluntary contributions held as jewellery or furniture); business income excluded unless incidental and separately accounted; regular filing of income-tax returns; and transfer of surplus and assets on dissolution to a similarly purposed charitable organization.

Tax exemption recognition: Shri Ram Chandra Mission conditionally recognised for specified assessment years, subject to compliance and reporting requirements.
Central Government notifies Shri Ram Chandra Mission under clause (23C)(iv) of section 10 of the Income-tax Act for assessment years 2002-2003 to 2004-2005 subject to conditions: apply or accumulate income wholly and exclusively to its objects; restrict investments to forms specified in section 11(5) (excluding certain voluntary contributions in kind); exclude business profits unless business is incidental and separately accounted; file regular income-tax returns; and on dissolution transfer surplus and assets to a similar charitable organisation.

Tax exemption notification for a nonprofit: eligibility conditioned on exclusive application of income and strict compliance requirements.
Notification under clause (23C)(iv) of section 10 of the Income-tax Act, 1961 designates India International Centre, New Delhi as eligible for exemption for assessment years 2003-2004 to 2005-2006 provided it applies or accumulates income solely for its objects, confines investments to permitted modes (save specified voluntary contributions), treats business income as non-exempt unless incidental with separate books, files regular income-tax returns, and on dissolution transfers surplus and assets to a like charitable organization.

Income-tax exemption notification: Marwari Relief Society recognised under clause 10(23C)(iv) subject to specified compliance conditions.
The Central Government notifies Marwari Relief Society, Kolkata under clause (23C)(iv) of section 10 for specified assessment years subject to conditions: income must be applied or accumulated solely for its objects; investments limited to modes permitted by the Act (except certain voluntary contributions); business income excluded unless incidental and separately accounted; regular income-tax return filing required; and on dissolution surplus/assets must be transferred to a charitable organisation with similar objectives.

Tax exemption recognition under clause 23C(v) granted to a society, subject to purpose, investment, filing, and dissolution conditions.
Notification recognizes The Institute of the Franciscan Missionaries of Mary, Society, No. 12, Nilgiris T.N. as eligible under clause (23C)(v) of section 10 of the Income-tax Act for assessment years 1989-90 to 1991-92, provided its income is applied wholly and exclusively to its objects, investments are limited to statutory modes (except certain voluntary contributions held as physical articles), business income is excluded unless incidental and maintained in separate books, regular income-tax returns are filed, and on dissolution assets and surplus transfer to a similarly purposed charitable organization.

Tax exemption notification: trust recognised as exempt subject to conditions on income application, permitted investments, business separation, returns and dissolution
Notification recognises Shree Siddhivinayak Ganapati Temple Trust as eligible for exemption under clause (23C)(v) of section 10 for specified assessment years on conditions: income must be applied or accumulated wholly and exclusively to its objects; investments restricted to forms permitted by section 11(5) except certain voluntary contributions in kind; business income allowed only if incidental with separate books; regular filing of income tax returns; and on dissolution surplus assets to be given to a charitable body with similar objectives.

Charitable trust notification: recognition for tax exemption subject to income application, permitted investments, filing, and dissolution conditions.
Notification recognises the trust for clause (23C)(iv) of section 10 for specified assessment years on conditions that the trust apply or accumulate income solely to its objects; limit investments to forms permitted under section 11(5) (except voluntary contributions held as jewellery, furniture, etc.); exclude business profits unless incidental and separately accounted; regularly file income-tax returns; and on dissolution transfer surplus and assets to a similar charitable organisation.

Tax exemption approval for infrastructure facility conditioned on continued operation and strict audit compliance.
Approval is granted to M/s Chennai Container Terminal Limited for tax-exempt status for its Chennai Container Terminal development and management project, conditioned on operation as an infrastructure facility and strict compliance with income-tax provisions and relevant rules. The Central Government may withdraw approval if the undertaking ceases to carry on the infrastructure facility, fails to maintain and audit its accounts as required, or fails to furnish the mandated audit report.