Elimination of double taxation expanded-protocol updates permanent establishment rules, exchange of information and principal purpose test.
Notification under section 90 gives effect to the Protocol amending the India-China tax Agreement. The Protocol updates scope and title, treats income from fiscally transparent entities, requires competent authority tie breaker for dual non individual residents, broadens the Permanent Establishment concept with 183 day thresholds and agency rules, preserves business profits attribution to PEs, exempts certain interest paid to governments, central banks and listed government owned financial institutions, modifies methods for elimination of double taxation, expands exchange of information obligations, and inserts a principal purpose test denying treaty benefits obtained principally to secure those benefits.

National Savings Monthly Income Account interest rate set at 7.6% per annum for deposits from 1 July 2019.
The amendment inserts a new clause into rule 8(1) of the National Savings (Monthly Income Account) Rules, 1987 fixing the rate at 7.6 per cent per annum for deposits made on or after 1 July 2019; the National Savings (Monthly Income Account) Amendment Rules, 2019 are deemed to have come into force on that date and are notified by the Ministry of Finance under the government's rulemaking authority.

National Savings Certificates now have a five-year maturity with specified yearly interest accruals and reinvestment.
Certificates purchased on or after 1 July 2019 shall have a five-year maturity period. For a Rs.100 certificate the amount payable on encashment after maturity is Rs.146.25 and annual interest accrues in specified amounts for each year; interest accrued at each year-end up to the end of the fourth year is deemed reinvested and aggregated with the face value. Proportionate rates apply to other denominations.

Scientific Research Association approval granted subject to separate accounts, audited reports, disclosure and bona fide research requirements.
Approval is granted to M/s National Centre for Cell Science, Pune as a Scientific Research Association subject to conditions: sole objective of undertaking scientific research carried out by the organization itself; maintenance of separate books of account for research receipts and applications; audit of such books by a defined accountant and furnishing of the audit report to the tax authorities by the due date for the income-tax return; and maintenance of an auditor-certified statement of donations and sums applied for research, with failure to comply exposing the organization to withdrawal of approval.

Exemption of specified welfare income: Board's cess, registration fees and interest exempt subject to non-commercial activity and filing requirement.
Notification grants tax-exempt status to the Chhattisgarh Building and Other Construction Workers' Welfare Board for specified income comprising worker's welfare cess, registration fees and interest thereon, conditioned on no engagement in commercial activity, unchanged activities and income nature across the relevant years, and compliance with the prescribed return-filing requirement.

Exemption under section 10(46) for National Skill Development Corporation: specified skilling income exempt subject to operational conditions.
Exemption under section 10(46) for National Skill Development Corporation covers specified receipts: government and skill-development grants; capital gains from investments in skill development organisations; dividends and royalties from supported ventures; accreditation, registration and training fees; administrative and mobilisation fees; foreign institutional income for skilling; interest on loans to skill institutions; miscellaneous receipts (sale of scrap, asset sale profits, RTI fees, forfeiture of bank guarantees, interest on tax refunds, excess provision written back); and interest on these items. The exemption is conditional on non-engagement in commercial activity, unchanged nature of activities and income, and prescribed return filing.

Exemption under section 10(6C) - royalty and technical services income from MRMS agreement excluded from foreign company's taxable income.
The Central Government, invoking clause (6C) of section 10 of the Income tax Act, 1961, specifies that income arising to M/s. Rolls Royce Defense Services, Inc. by way of royalty or fees for technical services received under the Mission Ready Management Solutions Agreement dated 14 July 2017 shall not be included in computing the total income of the foreign company to the extent of USD 21,67,317.50.

Tax exemption under Section 10(46) - specified regulatory commission income exempted subject to non commerciality and filing rules.
Notification under Section 10(46) designates Karnataka Electricity Regulatory Commission, Bengaluru as a notified commission for specified income: grants from the State Government; annual fees; tariff application fees; power purchase agreement processing fees; fines and penalties (if levied); miscellaneous receipts such as copying charges, sale of tariff orders and regulations, RTI fees; and interest on those receipts. The notification applies for assessment years 2020-2021 to 2024-2025 and is conditional on no commercial activity, unchanged nature of activities and income, and filing returns per clause (g) of sub section (4C) of section 139.

Research funding approval under section 35 permits institutions to receive donations for core scientific research subject to strict compliance.
Approval is granted to M/s. Manipal Academy of Higher Education as a University, College or other Institution for purposes of clause (ii) of sub-section (1) of section 35 from assessment year 2015 16 onwards, conditional on exclusive use of donations for scientific research by faculty or enrolled students, maintenance of separate books and a donations statement, annual audit by a qualified accountant with the audit report furnished by the income tax return due date, and submission of an annual research statement detailing work, publications, patents and planned programmes and allocations.

Industrial park notification under section 80-IA grants conditional tax benefits subject to compliance, investment and operational obligations.
The Central Government notifies M/s. Magrath Properties Pvt. Ltd. as an industrial park for purposes of clause (iii) of sub section (4) of Section 80 IA, subject to annexed terms: specified location, permitted activities, allocable industrial and commercial area, minimum units and commencement date, and investment thresholds. Key conditions require minimum infrastructure expenditure proportions, limits on single unit occupancy, necessary statutory approvals including for foreign investment, operation by the notified developer during benefit period, tax benefits only after prescribed units are located, and invalidation or withdrawal of approval for misinformation, undisclosed material facts, unauthorized amendments, or non compliance.

Tax recognition of international organization: membership, donations, registration fees and related interest exempt retrospectively.
Central Government notified International Sericultural Commission, Bengaluru, as a treaty constituted body for purposes of clause (42) of section 10 of the Income tax Act in respect of specified income comprising membership fees from member countries and associate members; donations or grants from the United Nations, inter governmental agencies and member governments; registration fees for participation in international events organised by the Commission; and interest earned on those receipts, with retrospective effect from the assessment year 2014-15.

Tax exemption for specified income of Central Silk Board: exempt receipts subject to non commercial, unchanged activity and filing conditions.
Notification treats specified receipts of the Central Silk Board as specified income under clause (46) of section 10 of the Income tax Act, including grants/funds, compensation on sale or disposal of property, royalties from patented technologies and intellectual property, statutory penalties and levies, fees for services under the Central Silk Board Act and interest on these receipts. The tax treatment is conditional on no commercial activity, unchanged activities and income nature across financial years, and filing returns under clause (g) of sub section (4C) of section 139. Applicability spans assessment years 2019 20 to 2023 24.

Online e-TDS/e-TCS submission: mandated registration, RPU/FVU preparation, DSC or EVC verification, and status-based validation.
Procedure prescribes online furnishing of e-TDS/e-TCS statements via the e-filing portal: registration with a valid TAN as Tax Deductor & Collector, preparation using RPU and validation using FVU, upload of a zip file and submission with DSC or EVC, e-Verification options including DSC or EVC, EVC generation modes (net banking, Aadhaar OTP with PAN linkage, pre-validated bank or demat account), and processing that yields status updates to Uploaded then Accepted or Rejected with reasons shown.

Conditions of service for Adjudicating Authority members defined, covering appointment, pay, conduct, inquiry procedures and post employment restrictions.
Rules prescribe conditions of service for Members of the Adjudicating Authority under the Prohibition of Benami Property Transactions Act, including appointment by the Central Government on recommendation of a Search-cum-Selection Committee, medical fitness, declaration of assets and oaths of office and secrecy. They specify pay, allowances, pension and Provident Fund treatment, leave entitlements, residence and HRA rules, resignation process, inquiry and removal procedure guided by principles of natural justice, post-employment restrictions and Central Government powers to relax or interpret the rules.

Tax exemption notification: Tamil Nadu Real Estate Regulatory Authority added to central list under section 10 clause of Income tax Act.
Central Government notifies the Tamil Nadu Real Estate Regulatory Authority for the purposes of clause (46) of section 10 of the Income tax Act and amends S.O. 553(E) dated 30.01.2019 by inserting the Authority's name and PAN (AAAGT0438E) in the schedule, thereby including the Authority in the central list under that clause.

Notification of specified income exemption: AICTE's listed receipts are recognised subject to noncommercial and filing conditions.
Notification designates All India Council for Technical Education as recipient of specified income for tax purposes, listing covered receipts: government grants and subsidies; regulatory charges; RTI and examination fees; specific entrance examination fees; receipts from sale of forms, materials and tender fee; disposal of scrap; and interest on those receipts. Application is subject to conditions that the council shall not engage in commercial activity, that activities and the nature of specified income remain unchanged across the relevant financial years, and that the council files its income-tax return as required by the statutory return-filing provision.

Declaration acceptance under Form 15H permitted where rebate reduces tax liability to nil for eligible taxpayers.
The amendment inserts a proviso to note 10 of Part II of Form 15H permitting acceptance of a declaration where the assessee's income exceeds the usual acceptance threshold but the assessee is eligible for a tax rebate that results in a nil tax liability after applying that rebate.

Exchange of tax information: bilateral obligation to provide foreseeably relevant records and ownership details, subject to confidentiality.
The Agreement requires competent authorities to provide, upon request, any information foreseeably relevant to the administration and enforcement of taxes, including bank and financial records and legal and beneficial ownership across ownership chains, subject to prescribed request contents, procedural timelines, confidentiality obligations, and defined exceptions such as public policy, legal privilege and disproportionate difficulty for publicly traded entities.

Income exemption under section 10(6C): royalties and technical fees from MRMS agreement excluded from a foreign company's taxable income.
Income of M/s. Rolls Royce Defense Services, Inc. by way of royalty or fees for technical services received under the MRMS agreement with the Centre for Airborne Systems is specified as not to be included in computing the total income of that foreign company under clause (6C) of section 10 of the Income tax Act, by notification of the Central Government.

Extension of tenure of National Committee members under income tax rules preserves committee continuity for an additional term.
The Central Government, under the Income-tax legislative framework and applicable rules, extends the appointments of the Chairman and fourteen members of the National Committee for Promotion of Social and Economic Welfare for a further six-month period from 1st April, 2019 to 30th September, 2019, listing the named officeholders and referencing prior notifications and extensions to preserve the Committee's composition and operational continuity.