Double taxation avoidance treaty allocates taxing rights and provides relief mechanisms for cross-border income and capital.
The Convention allocates taxing rights for income and capital between the Contracting States, applies to residents of one or both States, and establishes definitions for residence and related terms. It defines permanent establishment with inclusions, exclusions and thresholds, prescribes that business profits are taxable in the resident State unless attributable to a permanent establishment in the other State, and requires arm's-length attribution for permanent establishment profits with limits on intercompany deductions. The treaty caps source withholding on dividends, interest and royalties subject to beneficial owner and connectivity exceptions and prescribes domestic relief mechanisms to eliminate double taxation.

Tax exemption notification conditions: income use, restricted investments, distribution ban, and separate accounting for incidental business.
Notification grants tax-exempt status to Petroleum Sports Control Board for specified assessment years subject to conditions: income must be applied or accumulated solely for the objects of the assessee; investments limited to prescribed forms with certain tangible-article exceptions for voluntary contributions; income distribution to members prohibited except as grants to affiliated bodies; and business profits are excluded unless incidental to objectives and maintained in separate books.

Avoidance of double taxation: treaty allocates taxing rights, residence rules, permanent establishment and information exchange protections.
Agreement creates a bilateral framework to avoid double taxation and prevent fiscal evasion by allocating taxing rights, defining residents and permanent establishment, and prescribing methods for elimination of double taxation. It specifies source and residence rules across categories of income-business profits, immovable property, shipping and air transport, dividends, interest, royalties, capital gains and personal services-provides non discrimination protections, a mutual agreement procedure for treaty disputes, and confidential exchange of information subject to domestic law limits.

Section 35AC exemption extended for Social Action for Manpower Creation projects, qualifying construction and maintenance for further assessment years.
The Central Government specified the Social Action for Manpower Creation project - comprising construction of six balsadans, maintenance of sixty orphans and destitute children, and construction of a vocational training centre at Village Bhaje, Taluk Maval, District Pune - as an eligible project under Section 35AC, and, following a National Committee recommendation that the project is being properly executed, extended that specification for a further three assessment years commencing from assessment year 1996-97, with the notification recording the estimated project cost.

Section 35AC exemption extended for World Memorial Fund TB mobile teams, project specified for additional assessment years.
The Central Government specifies continuation of tax exemption eligibility for the World Memorial Fund T.B. Project-four mobile teams in Sikkim, Himachal Pradesh, Surat and Delhi of the Memorial Fund for Disaster Relief India-at an estimated cost of forty lakhs forty-one thousand six hundred, as an eligible project for a further three assessment years commencing from the assessment year 1996-97, following the National Committee's recommendation under the Income-tax Rules.

Exemption under section 35AC: girls' hostel project specification extended, continuing donor tax benefits after committee recommendation.
The Central Government specified the Priyadarshini Girls Hostel of Vanvasi Kalyan Kendra at Talasari, Thane District as an eligible project or scheme for tax exemption; following the National Committee's recommendation that the project is being properly executed and may extend beyond two years, the Government extended the project's specification for a further two assessment years, thereby continuing the period during which contributions qualify for the statutory exemption under the governing rules and explanation to the tax provision.

Tax exemption eligibility under section 35AC extended for specified Kachchh development project following regulatory recommendation.
Central Government specified the water harvesting, integrated water management, afforestation, horticulture, irrigation and employment generation project in Kachchh for the rural poor of Vivekanand Research and Training Institute as an eligible project or scheme under the clause (b) of the Explanation to the provision for exemption under section 35AC; the National Committee recommended continuation on finding proper execution and the specification is extended for a further three assessment years commencing from the assessment year 1996-97, with the project components identified and an estimated project cost recorded.

Exemption under section 35AC extended for construction of a community care and research centre as an eligible project.
Construction of a community care and research centre at Miraj by Sanjeevan Medical Foundation is specified as an eligible project or scheme for income-tax exemption; the National Committee recommended, upon satisfaction with project execution and its likely extension beyond the initial period, that the Central Government extend the specification for a further three assessment years commencing from the assessment year 1996-97, with the notification recording the project's estimated cost.

Exemption under section 35AC extended for an integrated rural development project, prolonging its eligible status for additional assessment years.
Approval under section 35AC is made for the integrated rural development project of Jankidevi Bajaj Gram Vikas Sanstha at District Pune as an eligible project or scheme for income-tax exemption purposes. The Central Government, on the National Committee's recommendation under rule 11M, specifies the project for a further three assessment years commencing from the assessment year 1996-97, recording the project's estimated cost.

Section 80L specification: taxable government specified bonds designated as eligible under the income tax provision for subscribers.
Central Government specifies a named series of taxable bonds issued by a public corporation, identifying series, tenor, coupon characteristic, issuing entity, distinctive serial range, individual bond face value and aggregate issue size, and declares the issue specified for the purposes of the income tax provision enabling tax consequences for subscribers.

Specification of Foreign Institutional Investors: listed SEBI-registered sub-accounts are recognised for purposes of section 115AD tax classification.
The Central Government, under the Explanation to section 115AD of the Income-tax Act, specifies named SEBI-registered Foreign Institutional Investors acting as sub-accounts of other registered FIIs. The notification lists each sub-account together with its global custodian details, thereby identifying those entities as recognised for the purposes of the referenced tax provision.

Tax exemption under section 10(23C)(v) granted subject to exclusive application of income and investment restrictions.
Shree Jain Swetamber Nakoda Paraswanth Tirth is notified for tax-exempt status under the charitable provision for assessment years 1993-94 to 1995-96, subject to conditions: income must be applied or accumulated wholly and exclusively for the objects of the assessee; investments or deposits of funds during the relevant previous years must be only in the forms or modes permitted by statute (excluding certain tangible voluntary contributions); and the notification does not apply to business income unless the business is incidental and separate books are maintained.

Charitable exemption under section 10(23C)(v) granted subject to income application, investment limits and business incidence conditions for specified years.
Notification confers status under 10(23C)(v) for assessment years 1994 95 to 1996 97 subject to conditions: income must be applied or accumulated wholly and exclusively for the institution's objects; investments or deposits are restricted to forms permitted by section 11(5) (excluding certain voluntary contributions held as jewellery or furniture); and the notification excludes business income unless incidental to objectives and maintained in separate books of account.

Notification under section 10(23C)(v): trust status granted to Shree Somnath Trust for the specified assessment year.
The Central Government, by Notification No. S.O.1147 dated 23-3-1995, notifies Shree Somnath Trust, Gujarat, under sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961, for the purposes of that sub-clause for the assessment year 1989-90.

Tax exemption notification under section 10(23C)(v) recognizes Association of State Road Transport Undertakings for an assessment year.
The Central Government, exercising powers under 10(23C)(v) of section 10 of the Income-tax Act, 1961, notifies Association of State Road Transport Undertakings (ASRTU), New Delhi, as recognised for the exemption benefits of that sub-clause for the applicable assessment year, by way of S.O.995 issued in exercise of the statutory power to notify entities within the sub-clause.

Tax exemption notification conditions institutional recognition by requiring restricted application of income, permitted investments, and separate business accounts.
Notification recognizes the Indian Institute of Industrial Engineering, Bombay under section 10(23A) subject to conditions: income must be applied or accumulated solely for its objects in accordance with the law; investments or deposits of funds are limited to permitted forms; income must not be distributed to members except as grants to affiliated bodies; and exemption does not cover business income unless incidental to objectives with separate books maintained.

Tax exemption notification under section 10(23C)(v) conditions income application, permitted investments and incidental business treatment.
Notification under section 10(23C)(v) notifies Jiv Prakash Vidyapeeth for specified assessment years subject to conditions: income must be applied or accumulated wholly and exclusively for its objects; funds (except voluntary contributions in kind) must be invested only in modes permitted by the Income-tax provisions for charitable trusts; and business profits are excluded unless incidental to its objectives and accounted for in separate books.

Tax exemption for corporate-funded rural school construction approved, permitting deduction of project cost under specified rules.
Approval under section 35AC designates a named company's construction of school buildings across eleven villages as an eligible project, specifies the project's estimated cost and the maximum portion of that cost allowable as a deduction, and limits the availability of the deduction to the assessment years identified in the notification.

Notification amendment expanding the approved project cost ceiling under income-tax investment incentives for a listed project.
The Central Government amends the earlier notification to substitute a higher estimated cost and a higher maximum approved cost for the project listed at serial number nine, altering both the project cost column and the approved-cost column in the original notification's table to reflect the new substituted ceiling.

Tax exemption under section 35AC: government approves specified charitable projects and fixes eligible deductions and time-limited applicability.
Approval under Section 35AC designates specified institutions and projects as eligible for deduction, listing for each an estimated project cost and the maximum amount allowed as a deduction. The notification sets project specific operative descriptions (health, rural development, education, training, rehabilitation, infrastructure, equipment), includes beneficiary or reservation conditions for certain entries, and prescribes the assessment year periods during which the listed deductible maxima may be claimed.