Place of Public Worship designation confirms tax-deduction eligibility for donations to Shri Krishna Temple.
The Central Government, exercising powers under sub section 2(b) of section 80G of the Income tax Act, 1961, notifies Shri Krishna Temple, Guruvayur, to be a place of public worship of renown for the purposes of that section, thereby recognising the temple for the tax deduction benefits afforded to donations to qualifying public worship institutions.

Approval under section 35(1)(ii): institution recognised for tax exemption purposes following prescribed authority formal approval.
The Council of Scientific and Industrial Research, as the prescribed authority, has approved the Institute for Financial Management and Research, Madras for the purposes of Section 35(1)(ii) of the Income-tax Act, formally recognising the institution for statutory tax-exempt treatment under that clause and providing public notice of its approved status.

Exemption under section 35(1)(ii) approved for Association of Otolaryngologists; prescribed authority approval confirms tax-exempt status.
Approval for exemption under section 35(1)(ii) was notified for the Association of Otolaryngologists of India, Bombay after approval by the Indian Council of Medical Research as the prescribed authority; notification S.O.3951 dated 25-11-1970 records the institutional approval, which was withdrawn with effect from 01-04-1976 by Notification S.O.1571 dated 19-2-1976.

Section 80G notification: temple designated as archaeological and artistic importance, qualifying donations for tax deductions.
The Central Government, exercising powers under sub section 2(b) of section 80G of the Income tax Act, notifies Shri Athmanathaswamy Temple, Avadayarkoil, Arantangi Taluk, Thanjavur District, as being of archaeological and artistic importance for the purposes of section 80G, thereby affecting the tax treatment of donations to the temple.

Income-tax Appellate Tribunal membership: new ban on contracting a subsequent marriage, with government exemption and relaxation powers.
The amendment substitutes a disqualification barring persons who contract a subsequent marriage while a spouse is living from appointment, while permitting the Central Government to exempt individuals if the marriage is permissible under applicable personal law and other grounds exist; it also adds a power for the Central Government to relax any provision of the rules for any class or category of persons for reasons recorded in writing.

Tax deduction recognition for donations enables temple designation as public place of worship allowing donor deductions.
Central Government designates Shri Balasarduleeswarar Temple, Nellorepet, Gudiyattam, North Arcot District, as a place of public worship of renown throughout Tamil Nadu for the purposes of section 80G, thereby qualifying donations to the temple for tax-deduction treatment under the specified tax provision by published notification.

Tax deduction eligibility: notification designates Shri Satya Gnana Sabai as archaeological and artistic institution for deduction purposes.
Notification designates Shri Satya Gnana Sabai, Vadalar, Cuddalore District as an institution of archaeological and artistic importance for purposes of tax-deduction eligibility under the Income-tax Act, effected by S.O.16 dated 23-10-1970.

Notified entities designation under income-tax rules clarifies which government corporations, wholly government owned companies, and financed societies qualify.
Notification identifies three classes of entities as notified for the purposes of sub-clause (f) of clause (iii) of sub-section (3) of the Income tax Act: corporations established by statute; companies wholly held by the Government or the Reserve Bank of India or a corporation owned by that Bank; and undertakings or bodies, including societies registered under the Societies Registration Act, wholly financed by the Government.

Permanent establishment: preparatory or auxiliary activities excluded and purchase-for-export profits not attributed; treaty updates tax and credit rules.
Protocol updates the India-Japan tax treaty by adding the Companies (Profits) Surtax to covered taxes, excluding certain preparatory or auxiliary fixed places from being a permanent establishment, providing that no profit is attributed to establishments limited to purchase-for-export operations, increasing a specified rate of reduction in Article V, and prescribing deemed paid credit rules linked to Indian special incentive measures subject to intergovernmental agreement; it also sets ratification, entry into force, applicability periods and abrogates the prior Protocol.

Exemption under Section 35(1)(ii) - approval of an institution by prescribed authority secures tax deduction recognition.
The Council of Scientific and Industrial Research, as the prescribed authority, has approved the National Centre for the Performing Arts, Bombay for the purposes of clause (ii) of sub section (1) of section 35 of the Income tax Act, 1961, as recorded by formal notification.

Specified certificates designation: seven-year National Savings Certificates recognised as covered under tax-exemption specification.
Central Government designates certain savings instruments as specified Certificates for the purposes of section 10(15) by Notification S.O.2880 dated 1-9-1970, expressly identifying 7-Year National Savings Certificates of the II and III issues, including their Bank Series variants, as the instruments covered by the statutory specification.

Tax deduction eligibility affirmed for post office time and recurring deposits, operative from the notified commencement date.
The Central Government notifies the Post Office (Time Deposits) scheme and the Post Office (Recurring Deposits) scheme as qualifying for the deduction provision of the Income-tax Act; the notification, issued under the amendment effected by the Finance Act, 1970, names the schemes governed by their 1970 Rules and declares that the notification takes effect on the first day of April 1971.

Tax withholding under Section 194A: notification includes Post Office Time and Recurring Deposit schemes for withholding applicability.
The Central Government notifies that clause (vi) of sub-section (3) of section 194A of the Income-tax Act applies to the Post Office Time Deposits scheme governed by the Post Office (Time Deposits) Rules, 1970, and to the Post Office Recurring Deposits scheme governed by the Post Office (Recurring Deposits) Rules, 1970, thereby designating these two schemes for the purposes of that clause.

Exemption under section 35(1)(ii): Indian Institute of Management Ahmedabad approved as prescribed authority for tax exemption eligibility.
The Indian Institute of Management, Ahmedabad was approved by the prescribed authority for purposes of clause (ii) of sub section (1) of section 35 of the Income tax Act, 1961, conferring eligibility under the statutory tax exemption framework for approved institutions and recording the effective recognition date.

Exemption under section 35(1)(ii): Institute approved by prescribed authority, enabling research expenditure tax relief.
The Indian Council of Medical Research, as the prescribed authority, has approved the Post graduate Institute of Medical Education and Research, Chandigarh for purposes of clause (ii) of sub section (1) of section 35 of the Income tax Act, establishing the Institute's eligibility as an approved research institution for the relevant tax exemption.

Research institution exemption confirmed for an agricultural institute following prescribed-authority approval, enabling income-tax research deduction eligibility.
Nimbkar Agricultural Research Institute, Phaltan, received prescribed-authority approval to qualify as an approved research institution for income tax exemption purposes, granted initially for a fixed three-year term and communicated by formal notification.

Designation under Section 194A: Market Committees notified as specified entities, clarifying withholding tax treatment under the Income Tax Act.
Central Government notifies Market Committees established under the State Agricultural Produce Markets Acts as the entities specified for the purposes of sub clause (f) of clause (iii) of subsection (3) of section 194A of the Income tax Act, 1961 (Notification No. S.O.2203 dated 16 6 1970), thereby bringing those committees within the withholding tax mechanism prescribed by that provision.

Tax deduction under Section 80G: government notifies Shri Shantesh Maruthi Devasathan as archaeological and artistic.
The Central Government notifies Shri Shantesh Maruthi Devasathan, Hirekerur, Dist. Dharwar to be of archaeological and artistic importance for purposes of Section 80G, thereby fixing its status under the statutory tax regime governing deductions related to culturally significant institutions.

Notification under section 80G: temple declared of archaeological and artistic importance enabling tax-deduction eligibility for donations.
The Central Government notifies Shri Devenathaswamy Temple, Cuddalore, as of archaeological and artistic importance for the purposes of the specified provision of the Income-tax Act, thereby subjecting the temple to the regulatory treatment associated with that designation under the Act.

Annuity deposit interest rate notified under section 280D, fixing the applicable annual interest for 1970-71 deposits.
The Central Government, in exercise of powers under the Income-tax Act, 1961, notifies that annuity deposits made or recovered during the specified year shall bear the prescribed annual interest rate, thereby fixing the rate to be applied for interest computation on those annuity deposits under the Act.