Tax exemption under section 10(23C)(v) confirms notification of charitable institution recognition from the assessment year.
The Central Government notifies Sri Devarajaswami Devasthanam, Little Kanchipuram as a charitable institution under section 10(23C)(v) by S.O.3339 dated 29-7-1977, effective from the assessment year 1971-72 for the purposes of the Income-tax Act.

Tax exemption notification under section 10(23C)(iv) recognizes Indian Dairy Corporation and fixes its assessment year effect.
Notification identifies Indian Dairy Corporation as a notified entity under section 10(23C)(iv) of the Income-tax Act, with the Central Government exercising its power under that clause to notify the corporation and the notification taking effect for assessment year 1975-76.

Scientific research approval enables tax deduction eligibility for sponsored fertility and population study under income tax provisions.
The Indian Council of Medical Research approved a scientific research programme for purposes of sub-section (2A) of section 35 of the Income tax Act, effective from 1 April 1977 to 31 March 1982, covering research on fertility, population dynamics, reproductive biology and sociocultural acceptance of family planning, sponsored by three Khosla companies and to be undertaken at K.E.M. Hospital Research Centre, Pune, with a stated total project cost; K.E.M. Hospital Research Centre is approved under section 35(1)(ii).

Approval under section 35D: institutional recognition for technology and engineering consultancy services, specifying permitted scope and effective date.
Approval under section 35D grants the named institution tax-related recognition exclusively for technology consultancy and engineering consultancy; the approval is effective from 1 April 1977 and identifies those fields as the sole permitted areas for which the statutory effects of such recognition apply.

Tax exemption notification under section 10(23C)(v) confirms institutional eligibility from specified assessment year, administrative recognition effected.
Central Government notification designates Sree Siddaganga Mutt as qualifying under clause (v) of sub section (23C) of section 10 of the Income tax Act, thereby recognising the institution's eligibility for the tax exemption regime and specifying the notification's operation from the stated assessment year.

Tax exemption notification under section 10(23C)(v) confirming Church of South India Trust Association recognition from assessment year 1968-69.
The Central Government, exercising powers under clause (v) of sub-section (23C) of section 10 of the Income-tax Act, issued Notification No. S.O.3337 dated 25-7-1977 notifying The Church of South India Trust Association, Madras for the purposes of that provision with effect from the assessment year 1968-69.

Tax exemption notification recognizes Baba Kali Kamliwala Panchayat Khetram as charitable trust entitled to income tax exemption.
The Central Government notified Baba Kali Kamliwala Panchayat Khetram, Rishikesh, under the charitable exemption provision of the income-tax statute, recognizing it as eligible for income tax exemption and specifying commencement of that recognition from the stated assessment year pursuant to the official notification reference.

Section 10(23C)(iv) notification grants tax-exempt status to a police superannuation scheme from the stated assessment year.
Central Government, exercising powers under clause (iv) of sub section (23C) of section 10 of the Income tax Act, 1961, notifies the Pondicherry Police Superannuation Scheme as covered by that provision, by Notification S.O.3461 dated 21 7 1977, making the scheme eligible for the tax treatment contemplated by the cited clause from the assessment year 1976 77.

Tax exemption notification: National Association for the Blind notified for tax-exempt status from a specified assessment year.
The Central Government, exercising powers under clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, notifies The National Association for the Blind for the purposes of that provision, recognizing the association for the tax treatment specified and recording commencement from the stated assessment year.

Notification under section 10(23C)(v) recognizes charitable institution status, effective from the specified assessment year for tax exemption.
Notification under 10(23C)(v) recognizes Shri Sharada Pithmath, Dwarka, as qualifying for the exemption under that clause of section 10; it is issued by the Central Government under the powers of clause (v) of sub section (23C) and applies to the institution from the assessment year(s) 1976 77.

Notification under section 10(23C)(v): Student Christian Movement of India, Bangalore notified as tax exempt institution from assessment year 1976 77.
Notification under clause (v) of sub section (23C) of section 10 notifies Student Christian Movement of India, Bangalore as an institution for the purposes of that provision; S.O.3334 dated 21 7 1977 records the Central Government's exercise of power to apply the provision from the assessment year 1976 77.

Rate fixation under rule 6 Part A of the Fourth Schedule takes effect, superseding the prior notification.
The Central Government, exercising clause (b) of rule 6 of Part A of the Fourth Schedule to the Income-tax Act, 1961, supersedes notification No. S.O. 153(E) dated 25 March 1975 and fixes with immediate effect eight percent as the rate referred to in that clause.

Valuation of partner's profit-sharing right prescribed; income-based multistep method and proportionate application determine taxable value.
CBOT prescribes a three-step income-based method for valuing a partner's right to share profits without asset entitlement: compute average annual income using assessed income or books with required adjustments, add back partner salaries and interest while allowing reasonable remuneration and a capital-related deduction, exclude non-recurring and capital items; scale the averaged income by a firm-type multiplier; and apply the partner's profit share proportion to the scaled figure to determine the partner's interest value.

Tax exemption recognition for a charitable orphanage notified, effective from the 1977-78 assessment year.
The Central Government, exercising powers under clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, notifies J.D.T. Islam Orphanage Committee, Kozhikode as eligible for the tax provision in question, effective from the assessment year 1977-78.

Notification under section 10(23C)(iv): India Sponsorship Committee, Bombay, notified under tax exemption provision effective from the specified assessment year.
The Central Government, exercising powers under clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, notifies India Sponsorship Committee, Bombay, for the purposes of that section and records that the Committee's recognition under the exemption provision is effective from the assessment year 1976-77.

Approval under Section 35(1)(ii) withdrawn for a charitable association following prescribed authority recommendation.
Approval under Section 35(1)(ii) of the Income-tax Act, 1961, granted to Tamil Nadu Eye Relief Association, Madurai, by notification dated 11th December, 1972, is withdrawn with effect from 10th June, 1977, by notification S.O.3995 dated 15th July, 1977, on the recommendation of the prescribed authority.

Withdrawal of approval under section 35(1)(ii) revokes tax approval for B.J. Medical College following ICMR recommendation.
Approval previously granted to B. J. Medical College, Ahmedabad, under the Income-tax Act is withdrawn with effect from 1 April 1977 by official notification, on the recommendation of the prescribed authority, the Indian Council of Medical Research, New Delhi.

Approval under section 35(1)(iii) requires exempted funds to be used for social science research and reported annually.
The Punjab University, Chandigarh is designated an approved institution under clause (iii) of sub-section (1) of section 35, effective 1-4-1977, subject to conditions: funds collected under the exemption must be used exclusively for promotion of social science research; the University must maintain separate accounts for such funds; and it must submit an annual report to the prescribed authority detailing funds collected and their utilisation.

Tax exemption approval under Section 35 enables capitalisation of funds for university social science fellowships with reporting conditions.
Approval to D.P. Dhar Memorial Foundation under Section 35(1)(ii) conditions the exemption on capitalisation of collected funds for Readers level social science fellowships, committee based administration in consultation with the ICSSR (including an ICSSR representative), possible transfer of funds to universities with ICSSR approval, annual reporting to the ICSSR, and maintenance of separate accounts; the notification is effective for a limited period beginning 1 April 1977.

Approval under section 35(1)(ii) requires annual research and donation reporting for two-year recognition validity period.
All India Heart Foundation, New Delhi, is approved by the Indian Council of Medical Research for purposes of Section 35(1)(ii) of the Income-tax Act on conditions: the Foundation must submit annual reports on its research activities and on donations received and expended exclusively for scientific research, as required by the Council; the approval is effective for two years from the notification date.