Exemption under Section 35AC extended for a rural development project, preserving its notified eligible tax-exempt status.
Notification under Section 35AC extends tax-exempt status for the rural development project by Anuvrat Gram Bharti Sansthan in Vinaypuram, Bhilwara, confirming previously approved inclusions and a revised approved cost, and designating the project as an eligible scheme for a further three-year period beginning with the financial year 2009-2010 without change to the approved cost.

Tax exemption extension for eligible project: hospital construction qualifies but not for funds collected in prior fiscal year.
The notification specifies that the construction of Phase I of Bhagwan Mahaveer Cancer Hospital and Research Centre by Bhagwan Mahaveer Cancer Hospital & Research Centre is designated as an eligible project for tax exemption under section 35AC for a further two-year period beginning with the financial year 2008-2009, with no change in the approved project cost, but it excludes issuance of donation exemption certificates for funds collected during the already-elapsed financial year 2008-2009.

Exemption under section 35AC approves specified institutions' projects as eligible for deduction over prescribed multi year periods.
Central Government, on the National Committee's recommendation, notifies specified institutions and approves particular projects or schemes as eligible for benefit under section 35AC, recording for each the estimated cost and the maximum amount allowable as a deduction and specifying the financial years during which the approved deduction may be claimed.

Research funding approval requires use for social science research and audited accounts with donor statement for tax benefit.
Approval under Section 35 is subject to conditions: receipts must be used for social science research conducted by faculty or students; separate books of account must record sums received and applied for research and be audited by a qualified accountant; the audit report must be furnished to the tax authorities by the return due date; and a certified statement of donations received and amounts applied to research must accompany the audit report.

Scientific research association approval: conditional recognition requires direct research activity, audited accounts, and certified donation statements.
Approval of Tea Research Association, Kolkata as a scientific research association is granted subject to conditions: sole objective of undertaking scientific research; conduct research activity directly; maintain books of account and submit an auditor-signed audit report to the tax authority by the return due date; and keep a separate auditor-certified statement of donations and amounts applied for scientific research. Approval may be withdrawn for failure to maintain books, furnish audit report or donation statement, cessation or lack of genuine research activity, or non-compliance with recognition conditions.

Income tax Appellate Tribunal rules amended to allow Notice Board posting to be deemed pronouncement of orders.
The Income tax (Appellate Tribunal) Amendment Rules, 2009 add to Rule 34(4) that when a Bench is not functioning or pronouncement in court is not possible, a list of orders signed by the Members showing the result of the appeal shall be placed on the Bench Notice Board, and such posting shall be deemed pronouncement of the order; the rules are titled accordingly and commence on publication in the Official Gazette.

Approval under section 35(1)(ii) requires institutions to keep separate accounts, audited reports, and certified research donation statements.
Approval is granted to Kaivalyadhama Shriman Madhava Yoga Mandir Samiti as an other institution partly engaged in scientific research, subject to conditions that sums paid be used for scientific research; research be carried out by its faculty or enrolled students; separate books of account for research receipts and expenditures be maintained and audited by a qualified accountant with the audit report furnished to the tax authority by the return due date; and a separately certified statement of donations and sums applied to research be maintained and furnished.

Scientific research association approval granted subject to audit, donations reporting, and compliance; noncompliance may trigger withdrawal.
Approval is granted to Prof. M. Viswanathan Diabetes Research Centre, Chennai as a scientific research association under clause (ii) of sub section (1) of section 35, effective from 1 April 2007, subject to conditions: sole objective of scientific research, conduct research itself, maintain and audit books of account and furnish the audit report by the income tax return due date, and maintain a certified statement of donations and amounts applied for research which must accompany the audit report. Approval may be withdrawn for specified failures including noncompliance, lack of genuine research activity, or failure to furnish required records.

Approval under section 35(1)(ii) granted subject to conditions on research use, audit and reporting, withdrawal for noncompliance.
The organization has been approved as an other institution partly engaged in scientific research effective 1 April 2009, subject to conditions: research receipts must be used for scientific research; research must be conducted by faculty or enrolled students; separate books of account for research receipts and expenditures must be maintained and audited by a qualified accountant with the audit report and a certified statement of donations and applications of funds furnished to the tax authorities by the income tax return due date.

Approval for research institution status enables donor payments to qualify for tax benefit subject to audit and reporting compliance.
Approval is granted to Breach Candy Medical Research Centre, Mumbai as an approved organisation under clause (ii) of sub section (1) of section 35 read with Rules 5C and 5E, subject to conditions: payments must be utilised for scientific research, research carried out by faculty or students, separate books of account maintained for research receipts and expenditures, audit by a qualified accountant with report furnished to the tax authority by the income tax return due date, and a certified statement of donations and amounts applied to research must accompany the audit. Approval may be withdrawn for failures to maintain accounts, furnish reports, or to carry on genuine research or comply with the provisions.

Enhanced rate of depreciation extended to new commercial vehicles acquired and put to use before 1 October 2009.
The Income-tax (Eleventh Amendment) Rules, 2009 substitute the cut-off date in New Appendix 1-Part A (Tangible Assets), heading III (Machinery and Plant), sub-item (via) of item (3)-replacing 1st day of April, 2009 with 1st day of October, 2009, thereby extending the enhanced rate of depreciation to new commercial vehicles acquired and put to use before the substituted date.

Tax exemption approval under section 10(23C)(vi) recognizes society subject to compliance and pending appellate review
Approval is granted to Sahitya Sadawart Samiti Jaipur under the tax exemption provision 10(23C)(vi), exercised by the Chief Commissioner under that sub-clause read with rule 2CA, covering assessment year 2001-02 and onwards, conditional on the society's conformity with the provision and rule and subject to review for specified earlier years pending appellate proceedings.

Disclosure of inadmissible interest now required in audit returns for interest inadmissible under MSMED Act.
The Income tax (Tenth Amendment) Rules, 2009 insert item 17A into Form 3CD, obliging auditors to disclose the amount of interest inadmissible under the Micro, Small and Medium Enterprises Development Act, 2006, thereby creating an explicit audit reporting requirement within the Income tax Rules to capture interest excluded from allowable deductions pursuant to the MSMED interest disallowance.

Income-tax form amendments: ITR 2 adds TRP reimbursement reporting and ITR 5 adds a consolidated deductions schedule.
The corrigendum amends income-tax return forms by inserting a new row in Form ITR-2 to report any government reimbursement to a TRP, and by inserting in Form ITR-5 a new detailed schedule (after Schedule 10A) to record multiple categories of deductions, including deductions for units in Special Economic Zones, export-oriented units, exports of handmade wooden articles, donations eligible for deduction, and various sector- and region-specific profit-linked and industry-targeted deductions with subtotal and total fields.

Approval under section 10(23C)(vi): institution recognized for tax exemption subject to statutory compliance.
Approval under Section 10(23C)(vi) recognizes Step by Step Shiksha Samiti Jaipur as eligible for the tax exemption regime, effective for the assessment year 2008-2009 and onwards, subject to the society's conformity with the eligibility conditions of Section 10(23C)(vi) and the procedural requirements of the Income-tax Rules.

Research expenditure approval enables donations to LEPRA Society to be tax-eligible subject to audit and reporting conditions.
LEPRA Society, Secunderabad is approved under section 35(1)(ii), read with Rules 5C and 5E, as an 'other Institution' partly engaged in research from 1 April 2007, conditional on utilization of sums for scientific research by faculty or enrolled students, maintenance of separate research accounts, audit by a prescribed accountant with submission of the audit report by the income-tax return due date, and a certified statement of donations and amounts applied for research to accompany the audit report.

Double taxation avoidance: Treaty allocates taxing rights between contracting states and provides relief and exchange mechanisms.
Notification implements the Agreement and Protocol under Section 90, applying treaty provisions from the fiscal year following entry into force; it identifies covered taxes, extends to substantially similar future taxes, and requires mutual notification of major tax-law changes. The treaty allocates taxing rights by income category, defines residency and permanent establishment rules and thresholds, limits source-state withholding on dividends, interest and royalties subject to effective-connection exceptions, and prescribes relief by residence-state tax credit. It establishes a mutual agreement procedure, an exchange of information regime with confidentiality safeguards, a limitation-of-benefits rule, and procedures for entry into force and termination.

Income-tax forms for AY2009-10 updated: new ITR 1 to ITR 8 and ITR V substituted, effective 1 April 2009.
The Central Board of Direct Taxes issues Income tax (9th Amendment) Rules, 2009 effective 1 April 2009, amending the Income tax Rules, 1962 by substituting revised ITR forms in Appendix II-Forms ITR 1 through ITR 8 and ITR V-and updating specified dates in rule 12; the substituted forms include eligibility rules, filing modes, annexure less filing requirement, schedules for income, deductions, tax computation, TDS/UTN reporting, TRP procedures and verification requirements for the assessment year.

Tax exemption under section 35AC: midday meal program notified as eligible, extension granted and project cost increased.
The Central Government, under section 35AC of the Income-tax Act, notifies the "Mid Day Meal Program run by the Akshayapatra Foundation" as an eligible project and extends its period of eligibility for three years beginning with financial year 2009-2010. The notification follows the National Committee's recommendation and amends the previously notified maximum project cost, substituting the earlier stated amount with an increased authorised cost for the extended period.

Tax exemption under section 35AC extended for UTKARSH hostel scheme for three further financial years.
The Central Government notifies the project UTKARSH (Hostel accommodation for students aged 5-13) by Arya Anathalaya, carried out as Balgram SOS Children's Villages in New Delhi, as an eligible project for income-tax exemption for a further three-year period beginning with financial year 2009-2010, without change to the approved project cost of Rs. 22.86 crore, pursuant to a recommendation by the National Committee under the Income-tax Rules.