Unit scheme repurchase terms restrict transfers, set repurchase at par and prescribe monthly income distribution arrangements.
The Scheme provides a contractual framework for sale, issuance and registration of units, prescribes eligibility and payment mechanics, and vests the Trust with discretion to accept or reject applications. It sets sale and repurchase at par during the Scheme, details repurchase procedures and restrictions including deduction for unpaid income warrants, and requires final termination valuation of assets net of liabilities with a distributable component added to the final repurchase price. Income distribution is structured as periodic warrants subject to revision and conversion by the Trust, and governance provisions permit Trustee construction, amendment and operational relaxations.

Conveyance allowance specified under section provision to cover expenditure in performance of duties, applicable to assessment years.
Specification designates any allowance granted to meet expenditure on conveyance incurred in the performance of duties of an office or employment of profit as a specified allowance for the purposes of the relevant provision of the Income tax Act, effective for the assessment year 1989 90 and subsequent assessment years.

Exemption of interest on specified government savings instruments, identifying which receipts qualify as non-taxable under section 10(15)(i).
Notification under section 10(15)(i) specifies government-issued securities, bonds, annuity and savings certificates and deposits whose interest, redemption premium and other payments are exempt for assessment year 1989-90 onward. The Table lists instruments-various National Savings and Post Office certificates, Defence Gold Bonds, Special Bearer Bonds, treasury deposits and fixed-deposit schemes-and states the maximum amount of such receipts eligible for exemption, with most entries covering the whole amount and limited caps for particular Post Office account categories.

Notification of exempt pool accounts lists designated pool accounts for tax recognition under income tax law.
The Central Government, under the income tax exemption provision in clause (23C) of section 10, notifies four accounts of the Oil Co ordination Committee on Pool Accounts for the specified assessment year: Freight Surcharge Pool Account No. 1, C and F Adjustment Account, Product Price Adjustment Account, and Crude Oil Price Equalisation Account, thereby identifying them as the pooled funds to be recognised under that exemption sub clause.

Notification under section 10(23C)(iv) recognizes Assam Rifles Group Insurance Scheme for tax exemption for the specified assessment year.
Central Government notifies the Assam Rifles Group Insurance Scheme as qualifying under section 10(23C)(iv) of the Income tax Act, 1961, invoking the powers conferred by that sub clause to recognise the Scheme for the specified assessment year and to attract the tax treatment contemplated by the provision.

Notification under section 10(23C)(iv) recognizes charitable status of The Bombay Panjrapole for the assessment year.
Notification under section 10(23C)(iv) designates "The Bombay Panjrapole, Bombay" as recognised for the purposes of that sub-clause for the relevant assessment year, thereby conferring the tax-status classification provided by the Income-tax Act.

Tax exemption recognition granted to a charitable institution under the income-tax provision, formalising its tax-exempt status.
Central Government, under sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961, notifies The Muncherjee Nowrojee Banajee Industrial Home for the Blind, Bombay, as recognised under that provision for the purpose of the assessment year specified in the notification, constituting formal recognition of its tax-exempt status by statutory notification.

Tax exemption under section 10(23C)(iv) notifies D. A. V. College Managing Committee for specified assessment years.
Central Government notification S.O.3101 dated 7-6-1989 recognises D. A. V. College Managing Committee, New Delhi, under section 10(23C)(iv) of the Income-tax Act for the assessment years 1987-88 to 1989-90, designating it as an eligible educational/charitable institution for the purposes of the cited provision.

Notification under section 10(23C)(iv): recognition granted to a charitable association for tax-exempt status for an assessment year.
The Central Government, in exercise of powers under clause (23C)(iv) of section 10 of the Income-tax Act, 1961, notifies the National Association for the Blind, Bangalore for the purpose of that sub-clause for the assessment year 1989-90, identifying the notification number and date and conferring recognition for tax treatment under the specified provision.

Tax exemption recognition under section 10(23C)(iv) confers notified charitable status on Little Sisters of the Poor.
Central Government notification confers notified charitable status on Little Sisters of the Poor, Calcutta, under the statutory exemption clause, identifying the organisation as eligible for tax-exemption benefits for the specified assessment year.

Tax notification under section 10(23C)(iv) recognizes Blind Relief Association for certain assessment years income tax.
Central Government notification designates The Blind Relief Association, Bombay as recognised under sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act for the specified assessment years, recording exercise of the statutory power to notify an institution for tax-exemption purposes.

Charitable institution recognition: Sangit Mahabharati notified under section 10(23C)(iv) enabling tax-exemption treatment for the assessment year.
The Central Government notifies Sangit Mahabharati, Bombay as qualifying under section 10(23C)(iv) of the Income-tax Act for the specified assessment year, thereby recording its recognition for the tax exemption treatment contemplated by that provision.

Tax exemption notification: Calcutta Pinjrapole Society recognised under Section 10(23C)(iv) enabling income tax exemption status.
The Central Government, under sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961, notifies the Calcutta Pinjrapole Society for the purposes of that sub-clause, formally recognising the Society for income-tax assessment purposes for the specified assessment year and situating it within the statutory exemption framework.

Tax exemption notification under section 10(23C)(iv) designates Maharashtra State Women's Council for the relevant assessment year.
Notification under section 10(23C)(iv) designates Maharashtra State Women's Council as notified by the Central Government for the purposes of that sub-clause, recognising the organisation within the Income-tax Act framework for the referenced assessment year.

Notification under section 10(23C)(iv): Trust recognised for tax-exemption purposes for the relevant assessment years.
The Central Government, exercising powers under sub clause (iv) of clause (23C) of section 10 of the Income tax Act, 1961, notifies "The Nehru Trust for Cambridge University" for the purposes of that sub clause for the assessment years 1988 89 and 1989 90, thereby recording the Trust's recognition under the statutory exemption framework.

Tax-exemption notification under section 10(23C)(iv) designates Andhra Pradesh State Council For Child Welfare eligible for specified assessment years.
Notification under section 10(23C)(iv) of the Income-tax Act designates Andhra Pradesh State Council For Child Welfare, Hyderabad as eligible for tax-exempt status under the specified clause. The Central Government notified the organisation by name and fixed the temporal scope of recognition to the stated assessment years, enabling the organisation to claim the tax treatment contemplated by that sub-clause for that period.

Tax-exempt status granted to Veda Rakshana Nidhi Trust under section 10(23C)(iv) for specified assessment year.
Notification confers tax-exempt recognition on Veda Rakshana Nidhi Trust, Madras under section 10(23C)(iv) of the Income-tax Act for the specified assessment year, with the Central Government exercising the sub-clause power to notify the trust as eligible for the provision's benefit.

Exemption under section 10(23C)(iv) notified for a rural development organisation, formalising tax exempt status for specified assessment years.
Central Government notification exercises powers under section 10(23C)(iv) of the Income tax Act to recognise a specified rural development organisation as entitled to the exemption specified by that sub clause, identifying the organisation by name and confining recognition to the assessment years 1984 85 through 1989 90.

Tax exemption notification under section 10(23C)(v) recognises charitable status of two named institutions for the assessment year.
Central Government notification under section 10(23C)(v) of the Income tax Act recognises Sri Sarada Math, Calcutta and Ramakrishna Sarada Mission, Calcutta as institutions covered by that sub clause for the assessment year 1989-90, identifying the institutions and citing the notification reference.

Corrigendum to income-tax notification corrects month of issue, updating the Gazette entry to reflect the accurate month.
Corrigendum to an income-tax notification directs that, in the Table under the month-of-issue column against serial number 29, the entry shown as "June 1988" shall be read as "February, 1988," amending the published Gazette notification S.O. 2990 and correcting the month of issue in the official record.