Extension of notified Section 35AC project: Vidyarambam Trust's free education scheme remains eligible for three further financial years.
The Central Government extended recognition of Vidyarambam Trust's comprehensive free education scheme for rural children aged 3-12 as an eligible project for tax incentive purposes, following the National Committee's recommendation that the project was properly executed; the extension preserves the previously approved project cost unchanged and covers an additional three financial years commencing with 2011-12.

Section 35AC eligibility extended for the senior citizens daycare scheme for a further three financial years.
Central Government notifies the John Daycare and Boarding for Senior Citizens Association project as an eligible project under section 35AC for a further three years commencing with financial year 2011-12, following the National Committee's recommendation under sub-rule (5) of rule 11M; the extension is granted without change to the approved cost of Rs. 1.75 crore.

Minimum wages in Chartered Accountant offices set with CPI linked dearness allowance and service weightage protections.
Government notification fixes minimum rates of wages for employees in Chartered Accountant Offices in Kerala under the Minimum Wages Act, prescribing a schedule of monthly basic wages by category, a Dearness Allowance formula linked to the Consumer Price Index, service weightage for employees with specified continuous service subject to a cap, protection where existing wages exceed the prescribed minima, and application of equivalent-post basic wages for unlisted categories.

Tax exemption for technical services removes specified consultancy fees from taxable total income when tied to national security services.
Any income of M/s. EADS Deutschland GmbH arising as fees for technical services received pursuant to the agreement dated 22 June 2010 with the Government of India for consultancy on the Airborne Early Warning and Control System, connected with the security of India, shall not be included in computing the total income of the relevant previous year of that company under the Income-tax Act, by statutory notification.

Research expenditure exemption granted to institute subject to audit, separate accounts, and certified donations statement.
Approval under section 35(1)(ii) recognizes Central Manufacturing Technology Institute, Bangalore as an eligible institution for funds applied to scientific research from assessment year 2011-12, subject to conditions: research must be conducted 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 a certified statement of donations and amounts applied for research must be furnished to the income-tax authority by the return due date.

Amendment to notification revises locality description from villages to panchayats, changing the territorial characterization of projects.
Amendment to a tax notification substitutes the paragraph 5 phrase describing the trust's activities, replacing the earlier reference to development projects at specified villages with a revised reference to development projects at panchayats, thereby altering the expressed territorial unit used to describe the trust's project localities without adding new procedural conditions or eligibility criteria.

Jurisdictional allocation of income-tax commissioners assigns districts and taxpayer categories to specified commissioners under amended notification.
Substitution of Schedule I entries reallocates commissionerates in Uttar Pradesh: Ghaziabad (Ghaziabad, Bulandshahr), New Okhla Industrial Development Authority (Gautam Buddha Nagar), and Meerut (Meerut, Baghpat). Each commissioner's jurisdiction covers (a) non company residents deriving non business/non profession income, (b) non company taxpayers with principal place of business in the area deriving business/profession income, and (c) companies registered under the Companies Act with registered office in the area. The amendment is effected under section 120 of the Income tax Act and takes effect from 1st July, 2011.

Tax audit filing requirement: Returns for firms and individuals/HUFs subject to audit must be furnished electronically as prescribed.
A firm required to furnish return in Form ITR 5, and an individual or HUF required to furnish return in Form ITR 4 and to whom tax audit provisions apply, shall furnish returns for assessment year 2011 12 and subsequent years in the manner specified in clause (ii), pursuant to the substituted proviso to rule 12(3) of the Income tax Rules, 1962.

Exemption from return filing for specified salaried individuals where tax is fully discharged by employer, subject to conditions.
Exemption under section 139(1C) relieves individuals whose total income is limited to salary and savings bank interest (within specified ceilings) from filing a return, provided they reported PAN and bank interest to their employer, had tax deducted and deposited by the employer, received Form 16 detailing PAN, income and tax deducted, have no refund claim, received salary from only one employer, and had their total tax liability fully discharged by employer deduction; the exemption is inapplicable where a statutory notice for filing a return has been issued.

Cost Inflation Index updated, affecting computation of indexed cost for capital gains in the specified financial year.
The Central Government amends the table of cost inflation indices under the Explanation to section 48 by inserting an entry for the financial year 2011-12 with a cost inflation index of 785, thereby updating the index used to compute indexed cost of acquisition for capital gains purposes in that year.

Exemption for fees for technical services: foreign maintenance contract receipts excluded from taxable income computation.
The Central Government specifies that income characterized as royalty or fees for technical services earned by the named foreign company for maintenance of aero engines under its contract with the Ministry of Defence shall not be included in computing that company's total income under the Income-tax Act, limited to the income and contractual source identified in the notification.

Tax deduction for specified rehabilitation projects extended and maximum eligible project cost ceiling increased by amendment.
Notification extends the eligibility period of the Bhagwan Manaveer Viklang Sahayata Samiti rehabilitation scheme for a further three-year term and increases the maximum project cost eligible for deduction by substituting the previously notified cost ceiling with a higher cost ceiling in the original notification's table entry.

Extension of eligible project status under Section 35AC: trust-run educational project renewed for a further three-year notified period.
The Central Government renews the notified tax-incentive status of the "Muktangan" balwadi and school project for a further three financial years commencing 2011-12, following a recommendation by the national committee that the project is being properly executed, and retains the previously approved recurring-expenditure allowance and corpus-fund allocation.

Section 35AC eligibility extended for Adhiparasakthi Health and Social Upgradation Program, continuing tax-deductible project status.
The Central Government has extended notification under Section 35AC to maintain tax-benefit eligibility for the Adhiparasakthi Health and Social Upgradation Program - a medical hospital project, an HIV project and a rural development program carried out by Adhiparasakthi Charitable, Medical, Educational and Cultural Trust - for a further three-year period on the recommendation of the National Committee, with no change to the approved project cost.

Tax incentive eligibility extended for hospital plant and infrastructure project, preserving deduction entitlement for three further years.
The Central Government, on the National Committee's recommendation, has extended eligibility for the project "Purchase and installation of plant and machinery, expansion of infrastructure" by Jain Social Federation's Anandrishiji Hospital & Medical Research Centre for three further financial years commencing 2011-12, without any change to the previously approved project cost, thereby maintaining the project's qualification for the statutory tax incentive mechanism.

Tax exemption eligibility extended for Mobile Charitable Dispensary project, permitting continued tax-deductible support under the notified scheme.
The Central Government has notified the Mobile Charitable Dispensary and Medical Aid Project by Bharat Sevashram Sangha as an eligible project for an additional three financial years commencing with 2011-12, following the National Committee's recommendation that the project is being executed properly; the extension is granted without any change to the previously approved project cost.

Section 35AC eligibility extended for Nanaksar Dashmesh Public School, notifying the project for three further financial years.
Extension of eligibility under Section 35AC is notified for the Nanaksar Dashmesh Public School project by Anand Isher Educational Charitable Trust for a further three financial years beginning 2011 12, based on the National Committee's recommendation and with no change to the approved project cost of Rs. 18.51 crore.

Section 35AC notification extends eligibility and increases allowable project cost for Geetanjali Hospital project.
The Central Government, pursuant to Section 35AC and on recommendation of the National Committee for Promotion of Social and Economic Welfare, notifies extension of the project "Extension of Geetanjali Hospital, construction of gynaecology and child care block" by Geetanjali University Trust for a further three financial years commencing 2011-12, and amends the earlier notification to substitute the previously specified maximum cost with an increased ceiling that includes a corpus fund for purposes of deduction under the Act.

Extension of tax-exempt project status for Shri Vedmata Gayatri Trust approved for a further multi-year period.
Extension of the tax-incentive notification designates Shri Vedmata Gayatri Trust's development programme at Shantikunj - covering construction of educational, healthcare and residential facilities, purchase of equipment and books, and running healthcare and education programmes - as an eligible project for a further three-year period beginning with financial year 2011-12, without any change in the approved total project cost including the corpus fund, following the National Committee's recommendation under the governing rules.

Section 35AC notification extends eligibility and adds afforestation to Srinivasan Services Trust rural projects for a further period.
Notification under Section 35AC re notifies Srinivasan Services Trust's "Rural Development Projects at 30 Villages" for a further three year period commencing 2011 12, following the National Committee's recommendation. The amendment adds afforestation to the project scope and increases the maximum project cost admissible for deduction, reflecting earlier inclusions of additional villages and prior cost enhancements.