Research institution approval under income tax rules conditions donor funds' use and audited reporting requirements.
Approval of Jaslok Hospital and Research Centre as an approved organisation under section 35(1)(ii), category 'other Institution' partly engaged in research, is subject to conditions: sums received must be used for scientific research by faculty or enrolled students; separate books for research receipts and expenditures must be maintained and audited by a qualified accountant; the audit report and an auditor-certified statement of donations and amounts applied for research must be furnished to the jurisdictional tax officer by the due date for filing the income-tax return.

Approval under section 35(1)(ii) enables donations for scientific research subject to accounting, audit and reporting conditions.
The Energy and Resources Institute, New Delhi, is approved under section 35(1)(ii) as an "other Institution" partly engaged in research with effect from 1.4.2006, subject to conditions: sums paid must be utilized for scientific research; research must be carried out through faculty or enrolled students; separate books of accounts for research receipts and expenditure must be maintained and audited by an accountant with the audit report furnished to the Commissioner or Director of Income-tax by the return due date; and a separate auditor-certified statement of donations and amounts applied for research must accompany the audit report.

Tax jurisdiction reallocation: Commissioner of Income tax, Patiala now covers specified Punjab districts for defined taxpayer categories.
Amendment to section 120 notification substitutes the territorial entry for Commissioner of Income-tax, Patiala to cover specified revenue districts in Punjab and defines three taxpayer categories within that jurisdiction: (a) residents other than companies with income from non-business sources; (b) non-company persons whose principal place of business is within the area and who derive income from business or profession; and (c) companies registered under the Companies Act with registered office in the area. The notification is effective from Gazette publication.

Jurisdictional allocation under Section 120 assigns tax coverage by residence, principal place of business, and registered office.
Amendment under Section 120 revises Schedule I by substituting serial number 154 to define territorial jurisdiction for the Commissioner of Income Tax, Patiala and to specify three classes of persons covered: (a) persons other than companies residing in the territorial area deriving income other than from business or profession; (b) persons other than companies whose principal place of business is within the territorial area and who derive income from business or profession; and (c) companies registered under the Companies Act with a registered office in the territorial area.

Approval under section 35(1)(ii) requires research funds use, audited separate books and certified donation statements or approval may be withdrawn.
Approval under clause (ii) of sub section (1) of section 35, read with Rules 5C and 5E, classifies the Himalayan Institute Hospital Trust as an other Institution partly engaged in scientific research from 1 April 2007, subject to conditions that research sums be used for scientific research, research be conducted by faculty or enrolled students, separate books of accounts for research funds be maintained and audited by the prescribed accountant with the audit report and an auditor certified statement of donations furnished by the return due date, and that failure to comply may lead to withdrawal of approval.

Approval under section 35(1)(ii) requires research funds use, audited accounts, and certified donation statements for compliance.
Approval is granted to Christian Medical College Ludhiana Society as an approved organisation for research effective 1 April 2005, subject to conditions: sums paid must be used for scientific research; research must be carried out through faculty or enrolled students; separate books of account for research receipts and expenditures must be maintained and audited with the audit report furnished to the tax authority by the return due date; and a separate auditor certified statement of donations received and amounts applied for research must accompany the audit report. The Central Government may withdraw approval for non compliance or if research is not genuine.

Double Taxation Agreement limits source-state withholding on dividends, interest, royalties and provides mechanisms for elimination of double taxation.
The Agreement allocates taxing rights between India and Botswana by applying to residents and specified taxes on income, sets definitions and residency tie-breaker rules, establishes a detailed permanent establishment concept with time thresholds and exceptions, and prescribes source-state withholding limits for dividends, interest, royalties and technical fees subject to effective-connection exceptions. It provides methods for elimination of double taxation, non-discrimination obligations, a Mutual Agreement Procedure for dispute resolution, exchange of information and collection assistance, and phased entry-into-force and effect dates tied to each State's fiscal year.

Tax exemption under section 35AC extended for integrated rural development project with amended cost and extended period.
Central Government amended the notification under section 35AC to extend the eligibility of the "Integrated Rural Development Project" by Bhansali Trust for three years beginning with financial year 2008-09, and substituted an increased maximum project cost in the Table of the original notification, pursuant to the National Committee's recommendation and powers under sub-section (1) read with clause (b) of the Explanation to section 35AC.

Exemption under section 35AC extended to Watershed Development Project, excluding donations collected in the elapsed financial year.
Notification extends income tax exemption eligibility for the Watershed Development Project by Bosco Gramin Vikas Kendra for a further three-year period beginning with the financial year 2007-08 without change to the approved project cost; however, because that financial year has elapsed, the approval does not validate funds collected during that year and no certificate for exemption of donations shall be issued for that financial year.

Exemption under section 35AC extended for charitable hospital infrastructure expansion by government notification.
Exemption under section 35AC is extended to the project "Purchase and installation of plant and machinery, expansion of infrastructure" by Jain Social Federation's Anandrishiji Hospital & Medical Research Centre in Ahmednagar for a further three-year period beginning with financial year 2008-09, without change in the approved cost of Rs. 11.30 crore, following a recommendation by the National Committee under rule 11M(5) that the project is being executed properly.

Exemption under section 35AC extended for construction and operation of a special school and hostel by a nonprofit.
The Central Government has notified continuation of the project by Sri Dakshinya Bhava Samithi-construction, equipment, furnishing and running of a special school, hostel and staff quarters at Padapalakaluru Village, Guntur-as an eligible scheme for exemption under section 35AC for a further three-year period beginning with financial year 2008-09, on the National Committee's recommendation and without any change in the approved project cost.

Tax exemption extension for a girls' home project; extension excludes donations collected in the already elapsed financial year.
Notification extends the Section 35AC tax exemption to Pranab Kanya Sangha's project for a further two years beginning financial year 2007 08, retaining the approved project cost of Rs. 44.67 lakh; based on the National Committee's recommendation and exercise of powers under the Explanation to section 35AC. Because financial year 2007 08 had already elapsed when the notification issued, the approval is not valid for funds collected during that year and no certificate for exemption of donations under Section 35AC(1) will be issued for that year.

Exemption under section 35AC extended for Sri Ramakrishna Ashrama projects, preserving approved project cost and eligibility.
The notification maintains designation of the orphanage and tribal hostel and the computer training centre operated by Sri Ramakrishna Ashrama, Kayanmkulam, as an eligible project under the Explanation to section 35AC for an additional one year beginning with financial year 2008-09, following a recommending finding of proper execution under the Income tax Rules, and confirms no change in the previously approved cost of Rs. 1.08 crore.

Exemption under section 35AC extended for collaborative socio economic development project by Shri Saibaba Sanstha Trust.
Exemption under section 35AC is extended to "Development of integrated socio economical health, education and essential facilities" by Shri Saibaba Sanstha Trust (Shirdi) for a further three years beginning with financial year 2008-09, following the National Committee's recommendation under rule 11M and without any change in the previously approved project cost of Rs. 75.00 crore.

Section 35AC exemption extended for Savitaben Shah hospital project, maintaining its eligible project status under government notification.
The Central Government, under the Explanation to Section 35AC, notifies the hospital scheme run by Smt. Savitaben Ramanlal Dahyalal Shah and Sarvajanik Hospital & Prashutigruh Trust as an eligible project for a further three-year period beginning with the stated financial year, without any change to the previously approved cost and corpus fund, following a recommendation by the National Committee for the Promotion of Social and Economic Welfare confirming proper execution.

Exemption under section 35AC extended for a charitable school project, maintaining prior approved costs and eligibility.
Exemption under section 35AC is extended to the "Muktangan" Balwadi and school project by Paragon Charitable Trust as an eligible scheme for a further three years beginning with the financial year 2008-09, on the National Committee's recommendation and without any change in the previously approved recurring expense and corpus fund amounts.

Tax exemption under section 35AC extended for specified cancer care and vocational projects by Global Cancer Concern India.
Central Government notification extends tax-exempt status for the specified projects-vocational training; education for a destitute child; outreach cancer care; detection camps; and palliative therapy-carried out by Global Cancer Concern India for a further three years beginning with financial year 2008-09, on the National Committee's recommendation and without any change in the approved cost of Rs. 47.19 crore.

Section 35AC exemption: project cost ceiling for Gramin Vikas Trust rainfed farming schemes increased by notification amendment.
The Central Government specifies two rainfed farming schemes carried out by a rural development trust as eligible projects and amends the earlier notification to replace the previously specified maximum allowable project cost with a higher capped amount, thereby changing the maximum project cost eligible for deduction under the Income-tax Act provision for those specified schemes.

Exemption under section 35AC extended for housing facility project, maintaining eligibility and approved cost unchanged for an additional period.
Central Government notified continuation of the Income-tax exemption under section 35AC for the project "Housing facility for doctors, nurses and essential staff and instruments, equipments and furniture" by Kai Mohan Thuse Netra Rugnalaya, Narayangaon, declaring it an eligible project for a further period beginning with financial year 2008-09, with the approved cost unchanged and the existing corpus fund retained, under the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC.

Exemption under section 35AC: eligible disability empowerment project's tax-exempt status extended for a further three-year period.
The Central Government notifies the scheme Enhancing socio-economic status of Disabled at Ahmednagar District, Maharashtra by NASEOH as an eligible project for tax exemption under section 35AC and, on committee recommendation and satisfaction with execution, extends that eligibility for a further three years from financial year 2008-09 without changing the previously approved project cost and corpus fund.