Notification under section 10(23C)(v) designates a temple as eligible for income tax exemption for specified assessment years.
The Central Government notifies Arulmigu Shankaranarayanaswamy Temple, Sankarankoil, under sub clause (v) of clause (23C) of section 10 of the Income tax Act, 1961, thereby designating the temple as eligible for the statutory income tax exemption for the assessment years 1985 86 to 1988 89.

Central Excise exemption list expanded to include Hazira under amended notification, affecting warehousing provisions and scope.
The Central Government amends Notification No. 266/87 Central Excises (28 November 1967) by inserting item (zzf) Hazira after item (zze) in clause (i) of paragraph 2, thereby adding Hazira to the list of specified entries governing the tariff/exemption framework for warehousing under that notification.

Tariff description amendment expands product coverage by substituting "laminated" with "laminated or coated".
The amendment substitutes, in the Table to Notification No. 53/88, Sl. No. 2, column (5), clause (1), the word "laminated" with the words "laminated or coated", thereby broadening the product description for tariff/exemption purposes under rule 8(1) of the Central Excise Rules, 1944.

Exemption amendment: adding terephthalic acid to exempted goods under central excise notification, replacing dimethyl terephthalate.
The Central Government amends the tariff schedule of an existing central excise notification by substituting in the Table the words "dimethyl terephthalate" with "dimethyl terephthalate or terephthalic acid", thereby expanding the listed exempted goods under the notification.

Excise exemption for janatha soap limits duty to a fixed ad valorem rate when sold through approved public distribution channels.
Soap classifiable under Sub heading 3401.10 is exempted from central excise duty in excess of a specified ad valorem rate where the soap's value does not exceed a prescribed threshold, provided it is manufactured under an approved janatha soap scheme for sale through the public distribution system and sold through the National Co operative Consumers Federation of India Limited or another Department approved organisation at prices fixed by the Ministry of Industry; "value" is ascertained under section 4 of the Central Excises and Salt Act, 1944.

Customs tariff amendment: polytetrafluoroethylene added to the schedule with a specified ad valorem duty under section 25.
Central Government, invoking section 25 of the Customs Act, 1962, amends Notification No. 88/87-Cus by renumbering the existing Sl. No.11 as Sl. No.12 and inserting a new Sl. No.11 in the Table specifying Polytetrafluoroethylene with an ad valorem duty rate, thereby modifying the Customs Tariff schedule under the earlier notification.

Extension of customs exemption validity by substituting expiry date under section 25 power in public interest.
The Central Government, exercising sub section (1) of section 25 of the Customs Act, 1962 and satisfied of the public interest, amends Notification No. 474/86 Customs by substituting the earlier expiry date in paragraph 2 of that notification with a later date, thereby extending the notification's validity without changing its substantive exemption terms.

Customs exemption amendment removes 'steel powders' from the exemption table, narrowing the scope of the relevant notification.
Amendment deletes the entry "steel powders" from the list of goods in the Table to Notification No. 151 Customs (15 July 1977) under the powers of section 25(1) of the Customs Act, 1962, thereby removing that item from column (2) of the annexed Table and narrowing the exemption coverage.

Extension of customs exemption validity under statutory power continues specified exemption notifications' operative effect.
Extension of validity of five customs miscellaneous exemption notifications by substituting the previously prescribed expiry date with a later date: the Central Government, invoking sub-section (1) of section 25 of the Customs Act, 1962, directs amendment of paragraph 2 in each listed notification so that the earlier expiry wording is replaced by the substituted expiry, thereby continuing those exemptions for the new period.

Calendering clarified to include processing of cotton fabrics using a zero-zero machine without stenter attachment.
Amendment inserts an explanation into Notification No. 253/82-C.E., stating that calendering for the purposes of the notification includes processing of cotton fabrics with the aid of a zero zero machine without a stenter attachment, effected under the powers of sub rule (1) of rule 8 of the Central Excise Rules, 1944.

Tax deduction certificates must be issued in Form No.16 with specified timing, printed-book rules, and duplicate procedures.
Rule 31 is replaced to require TDS certificates under section 203 for specified withholding sections to be in Form No. 16, issued from serially numbered printed books supplied on application in Form No. 17 (waiver permitted for computerised companies). Certificates must be furnished within specified periods from credit/payment (with special provisions for certain incomes and for salary deductions). Duplicates may be issued on plain paper; the Assessing Officer will credit tax on duplicate certificates only after designated Income-tax Officer certification and an indemnity bond from the assessee.

Notification under section 10(23C)(iv): Sri Satya Sai Central Trust recognised for tax-exempt status for the assessment year.
The Central Government, exercising powers under sub clause (iv) of clause (23C) of section 10 of the Income tax Act, 1961, notifies Sri Satya Sai Central Trust, Brindavan, Bangalore, as recognised under that provision for the stated assessment year, thereby recording the Trust's eligibility for the exemption provision for that assessment period.

Income-tax exemption notification: India International Centre notified under section 10(23C)(iv) for the assessment year.
The Central Government, exercising powers under sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961, issues Notification No. S.O.2922 dated 10-6-1988 notifying India International Centre, New Delhi, for the purpose of section 10(23C)(iv) for assessment year 1988-89.

Exemption scope expanded: spares and consumables may qualify for export exemption subject to contract and customs verification.
The amendment extends the customs exemption to spares and consumables (other than those in the Table) up to 1.5% of the ex factory value of manufacture of export articles for the preceding year, or a higher percentage as the Central Government may allow on the Board of Approvals' recommendation, provided such supply is specified in the export contract and the Assistant Collector of Customs is satisfied that their values are included for arriving at value addition under the Import and Export Policy.

Leave salary cash equivalent limit specified for retirees determines maximum exempt amount under income tax law across retirement periods.
The Central Government specifies maximum leave salary cash equivalents eligible for exemption by fixing monetary ceilings applicable to employees retiring within specified periods; the Table assigns the applicable limit to each retirement period to determine the exempt portion of earned leave paid in cash on retirement.

Exchange rate determination establishes conversion rate for Russian rouble into Indian currency under Customs Act.
Central Government determines under section 14(3)(a)(i) of the Customs Act, 1962 that one Russian rouble shall be reckoned as rupees 16.3924 for the purposes of section 14, superseding the earlier notification (G.S.R. No. 997(E), 21 December 1987), with the rate effective from 8 June 1988 as the statutory conversion benchmark for customs purposes.

Exchange rate amendment updates Australian dollar valuation for customs calculation, altering import duty assessment procedures.
Amendment substitutes the schedule entry for the Australian dollar in the non tariff customs notification, fixing the official exchange rate to be applied for customs and stamp purposes under powers derived from the Indian Stamp Act and the Customs Act, and specifies the date from which that rate is operative.

Exemption for OEM electrical vehicle parts removes excise duty when intended for incorporation under prescribed proof and procedure.
Exemption from excise duty applies to batteries, battery chargers, and tyres, tubes and flaps when proved to the satisfaction of an officer not below Assistant Collector that they are intended as original equipment parts in the manufacture of electrically operated vehicles within Chapter 87, and where use outside the factory of production is involved, the procedure in Chapter X of the Central Excise Rules, 1944, must be followed.

Excise exemption for mined gold: government directs no duty payable where prior practice led to non levy.
The Central Government directs that the whole of the excise duty otherwise payable on gold falling under the relevant tariff sub heading and manufactured in a mine shall not be required to be paid in respect of such gold on which duty was not being levied during the stated historical period, in consequence of a prevailing practice of non levy, thereby validating that practice and preventing retrospective collection.

Fuel-efficiency test sampling rules revised to mandate larger samples for new models and random selection for certification.
The amendments replace the Explanation's clause to require that the fuel-efficiency test be conducted on a larger sample for models without an existing certificate and on a smaller sample for models with an existing certificate, with vehicles selected at random by the testing agency from the production plant, and that the minimum of the test figures from the sampled vehicles shall determine issuance of the fuel-efficiency certificate.