Deduction for interest on securities: specified safety bonds declared eligible for tax deduction under income tax provision.
The Central Government, under clause (ii) of section 80L of the Income-tax Act, specifies ICICI Safety Bonds-August, 1999 (issued by Industrial Credit and Investment Corporation of India Limited) as eligible for the deduction for interest on securities and related receipts. The notification identifies categories (Encash Bonds; Tax Saving Bonds Options I-V; Regular Income Bonds Options I-III), provides the face value of each bond (Rs. 5,000) and lists distinctive number ranges for each allotment series, thereby designating those specific bond allotments for the deduction.

Deduction under section 80L: specified ICICI Safety Bonds eligible for interest and dividend deduction under the Act.
Central Government, under section 80L of the Income tax Act, specifies ICICI Safety Bonds-July, 1999 as eligible for deduction of interest on securities and dividends. The notification lists the instruments by category (Encash Bonds; Tax Saving Bonds Options I-V; Regular Income Bonds Options I-IV) and records for each the face value, distinctive number ranges and aggregate allotment amounts to identify the qualifying securities.

Specified bonds under section 80L: ICICI Safety Bonds declared eligible for clause benefits in income tax provisions.
Central Government designates certain bonds in the nature of debentures issued by ICICI in its Safety Bonds public issue as specified for the purposes of clause (ii) of the income tax provision, listing allotment particulars and categorising instruments as Encash Bonds, Tax Saving Bonds (two options), and Regular Income Bonds (four options) with face value and distinctive number ranges.

Tax-free bonds specified under section 10(15)(iv)(h) confer tax-exempt status subject to holder registration and issuance conditions.
Notification specifies tax-exempt non-convertible, unsecured and redeemable bonds issued in a stated series, describing denomination, fixed interest payable half-yearly for seven years, and a contiguous range of distinctive numbers; the tax exemption under the provision is admissible only if the holder registers name and holding with the issuing agency.

Tax-free bonds specified under section 10(15)(iv)(h): exemption conditional on holder registration with issuer.
Specification of tax-free non-convertible, unsecured and redeemable bonds issued by Power Finance Corporation Limited in the 2010-III series for the stated financial year, featuring a ten-year term, yearly interest payable, and distinctive numbering; tax exemption is conditional on the holder registering their name and holding with the issuer.

Tax-free bonds specified for renewable energy agency; tax exemption subject to bondholder registration requirement for specified series
Specification designates 1998-99 Series-VI bonds of the Indian Renewable Energy Development Agency Limited as tax-free bonds under item (h) of sub-clause (iv) of clause (15) of section 10, describing a seven-year tenor with a stated annual interest and issuance by distinctive consecutive numbers; the tax exemption is admissible only if the bondholder registers their name and holding with the issuing Agency.

Approval under section 10(23G) grants specified infrastructure undertakings tax-exempt status subject to compliance and audit conditions.
Approval is granted to specified enterprises as infrastructure undertakings for the purposes of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for assessment years 2001-2002 through 2003-2004, subject to conformity with those provisions. The Central Government may withdraw approval if the enterprise ceases to provide infrastructure, fails to maintain and audit books of account per sub-rule (7) of rule 2E, or fails to furnish the required audit report.

Tax exemption approval under section 10(23G) granted subject to strict infrastructure, accounting and audit compliance requirements.
Approval is granted to specified enterprises as tax-exempt industrial undertakings under section 10(23G), conditional on conformity with statutory provisions and rule-based requirements. The approval applies to the listed telephone service and power projects for the stated assessment years. The Central Government may withdraw approval if an enterprise ceases to provide the infrastructure facility, fails to maintain books and have them audited by an accountant as required by the rule, or fails to furnish the required audit report.

National Savings Scheme interest rates amended: transitional 10.5% then 9%, with monthly accrual and annual credit.
The amendment to rule 6(1) substitutes the 15 September 1992 date with 1 October 1992 and replaces clause (ii) with two interest provisions: 10.5% per annum for the period commencing 15 January 2000 up to but before 1 March 2001, and 9% per annum on and from 1 March 2001; interest is allowed for each calendar month on the lowest balance between the close of the tenth day and month-end and is calculated and credited annually. The rules commence on Gazette publication.

Post Office Monthly Income Account: specified interest rates established for deposits according to deposit date ranges, effective on publication.
The Central Government substitutes sub rule (1) of rule 8 of the Post Office (Monthly Income Account) Rules, 1987, prescribing tiered annual interest rates for deposits tied to specified deposit date ranges, with the schedule culminating in 9.5% per annum for deposits made on or after 1 March 2001; the amendment takes effect on publication in the Official Gazette.

Section 10(23C)(iv) exemption granted to Institute of Company Secretaries, subject to application, investment and dissolution conditions.
Notification under Section 10(23C)(iv) designates the Institute of Company Secretaries of India, New Delhi for exemption for assessment years 2001-02 to 2003-04, conditional on applying income wholly and exclusively to its objects, restricting investments to modes permitted by section 11(5) (except specified tangible voluntary contributions), filing income-tax returns regularly, treating business income as excluded unless incidental with separate books, and transferring surplus and assets on dissolution to a charitable organisation with similar objects.

Tax exemption under section 10(23G): approval for infrastructure project subject to compliance and audit conditions.
Approval under section 10(23G) was granted to Suraj Agro Products (P.) Ltd. for developing, maintaining and operating bulk liquid storage terminals at Chennai Port, conditional on compliance with section 10(23G) read with rule 2E. The Central Government may withdraw approval if the enterprise ceases the infrastructure activity, fails to maintain books and obtain the audit required by sub rule (7) of rule 2E, or fails to furnish the required audit report.

Approval under section 35(1)(ii): associations entitled to research exemption subject to specified accounting, reporting and audit conditions.
Notification approves specified organisations as association under clause (ii) of sub-section (1) of section 35 of the Income-tax Act for listed periods, subject to conditions: maintain separate research books of account; furnish annual return of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31 May; and submit audited annual accounts and audited income-and-expenditure accounts for research activities to the Director-General of Income-tax (Exemptions), the Secretary, DSIR, and the relevant Commissioner by 31 October, in addition to filing the return of income.

Research institution approval under s35(1)(iii) requires separate research accounts and specified annual audited filings.
Specified organisations are approved as institutions under clause (iii) of sub section (1) of section 35 read with rule 6, subject to conditions: maintain separate books for research activities; furnish an annual return of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31 May; and submit audited annual accounts and audited income and expenditure accounts for research to the Director General of Income tax (Exemptions), the Secretary, DSIR, and the Commissioner/Director of Income tax (Exemptions) having jurisdiction by 31 October, in addition to filing the return of income to the designated Assessing Officer.

Tax exemption under section 10(23)(iv) conditioned on exclusive application of income, permitted investments, and dissolution transfer.
Notification grants the Agri Horticultural Society of India, Calcutta tax exempt status under the Income tax Act provision for notified charitable entities for the specified assessment years, conditional on exclusive application or accumulation of income for its objects; investment and deposit limits to prescribed forms; exclusion of business profits unless incidental and separately accounted; regular filing of returns; and transfer of surplus and assets to a like charitable organisation on dissolution.

Research institution approval under section 35(1)(ii): tax-exemption subject to separate accounts and annual reporting obligations.
Specified organisations are approved as institutions for research-related income-tax purposes, conditional on maintaining separate research accounts, furnishing an annual scientific research return to the Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts and audited income-and-expenditure statements for research activities to designated income-tax and DSIR authorities by 31 October, alongside the normal income-tax return; six organisations are named with specified effective approval periods.

Tax exemption notification recognises charitable status for Software Technology Parks of India subject to compliance conditions.
Notification grants tax-exempt status to Software Technology Parks of India, New Delhi for specified assessment years subject to conditions: exclusive application or accumulation of income for objects; investment limited to modes specified in section 11(5); business income excluded unless incidental and separately accounted; regular filing of income-tax returns; and transfer of surplus and assets on dissolution to a charitable organisation with similar objectives.

Tax exemption under section 10(23G) for bio-waste power project approved, conditional on compliance and audited accounts.
Approval under section 10(23G) read with rule 2E is granted to a 1.3 MW power generation project at Uduppam Village, Namakkal Taluk, Tamil Nadu using poultry waste by M/s G. K. Energy Pvt. Ltd. The approval is conditional on compliance with section 10(23G) and rule 2E, maintenance of books of account and statutory audit as required by sub rule (7) of rule 2E, and furnishing the prescribed audit report; the Central Government may withdraw approval for non compliance or cessation of the infrastructure facility.

Approval under section 10(23G) grants conditional tax exemption to designated industrial undertakings subject to compliance and audit requirements.
Approval is granted to specified industrial undertakings for tax exemption under section 10(23G), read with rule 2E, for assessment years 2001-2004, subject to compliance with rule 2E, including maintaining books of account, obtaining an audit, and furnishing the audit report; the Central Government may withdraw approval if the undertaking ceases infrastructure operations or fails to maintain or audit accounts or furnish the audit report.

Tax exemption approval under section 10(23G) conditioned on maintaining infrastructure, audited accounts and furnishing audit reports.
Approval is granted to M/s Suraj Agro Products (P) Ltd. for developing, maintaining and operating bulk liquid storage terminals at Chennai Port under the Income-tax Act provision for specified assessment years, subject to compliance with the provision and rule, including maintaining books of account, obtaining the required audit and furnishing the audit report; the Central Government may withdraw approval if the enterprise ceases the infrastructure activity or fails the accounting or audit requirements.