Specified Bonds under section 80L qualify for tax benefit; transferee must notify issuer by registered post within prescribed period.
Central Government specifies specified bonds issued by the Nuclear Power Corporation of India Limited, Bombay, as eligible for the tax benefit under the relevant clause; the benefit on transfer by endorsement or delivery is admissible only if the transferee informs the issuing company by registered post within sixty days of such transfer.

Institutional approval under section 35(1)(ii) requires research accounting, annual returns, and audited accounts submission deadlines.
Approval to the Indian Register of Shipping, Bombay, as an Institution under clause (ii) of sub section (1) of section 35 is granted for the stated approval period, subject to maintaining separate accounts for scientific research, furnishing annual returns of research activities to the Secretary, Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts to designated tax and departmental authorities by 30 June each year; the notification also requires timely applications for extension of approval through prescribed channels.

Tax exemption notification: trust recognised subject to exclusive application of income and permitted investment restrictions.
Notification under 10(23C)(v) recognises Sri Gangadhareswar Trust as qualifying for tax exemption for specified assessment years provided the trust applies or accumulates income exclusively for its objects, confines investments to permitted modes (with limited exception for voluntary contributions in forms like jewellery or furniture), and excludes business profits unless the business is incidental and accounted for separately.

Charitable exemption under section 10(23C)(iv) granted subject to exclusive application of income and specified investment limits.
Charitable exemption under section 10(23C)(iv) notifies Swami Ramananda Tirtha Memorial Committee, Hyderabad as eligible for the sub-clause for assessment years 1990-91 to 1992-93, subject to conditions that income be applied wholly and exclusively to its objects, investments be limited to specified forms (excluding certain voluntary contributions maintained as assets), and business income is excluded unless incidental to its objectives with separate books maintained.

Approval under section 35(1)(ii) requires separate research accounts, annual DSIR returns, and audited accounts submission.
Approval under section 35(1)(ii) recognises the Diabetes Research Centre Foundation for research-related tax purposes subject to three conditions: maintain a separate account for research receipts; furnish annual scientific-research returns to the Secretary, DSIR by 31st May; and submit audited annual accounts to the Director-General (Exemptions), the Secretary, DSIR, and the local Commissioner/Director (Exemptions) by 30th June. The approval applies for 1-4-1991 to 31-3-1992 and the organisation must apply for extension through the local tax authority in advance, sending six copies to the Secretary, DSIR.

Approval under section 35(1)(ii) requires separate research accounts and annual audited submissions to tax and research authorities.
Approval under Section 35(1)(ii) was granted to the Centre for Earth Science Studies as an Institution, conditional on maintaining a separate account for scientific research receipts and meeting annual filing obligations: annual returns of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31st May, and submission of audited annual accounts to designated tax and research authorities by 30th June.

Scientific research approval under tax law requires separate research accounts, annual returns and audited filings by specified deadlines.
Approval of The South India Textile Research Association is subject to compliance: maintain a separate account for scientific research; furnish annual scientific research returns to the Secretary, Department of Scientific and Industrial Research by 31 May; and submit audited annual accounts showing income, expenditure, assets and liabilities to the Director-General of Income-tax (Exemptions), the Secretary, DSIR, and the Commissioner/Director of Income-tax (Exemptions) with jurisdiction by 30 June. The organisation must apply for extension of approval through the tax authorities and send specified copies to the DSIR.

Institutional approval under section 35(1)(ii) requires separate research accounts and annual reporting to tax and research authorities.
Approval of Central Power Research Institute as an Institution under section 35(1)(ii) of the Income-tax Act, 1961, is effective from 1 April 1991 to 31 March 1992, subject to maintaining separate research accounts, furnishing annual research activity returns to the Secretary, Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts to specified tax and research authorities by 30 June; applications for extension must be made through the appropriate Commissioner/Director three months before expiry, with six copies to the Secretary for extension requests.

Tax exemption approval under section 35(1)(ii) requires separate research accounts, annual returns and audited accounts by deadlines.
Approval granted to The Childs Trust Medical Research Foundation as an Institution under clause (ii) of sub section (1) of section 35 requires maintenance of a separate account for scientific research, annual returns of research activities to the Secretary, Department of Scientific and Industrial Research by 31 May, and submission by 30 June of audited annual accounts to the Director General (Exemptions), the Secretary, Department of Scientific and Industrial Research, and the local Commissioner/Director. The approval is effective from 1 April 1991 to 31 March 1994 with prescribed procedures for seeking extension.

Exchange rate amendment substitutes Hong Kong dollar rate and makes it effective from the notified date.
Amendment substitutes the Schedule entry for serial No. 9 to set the exchange rate for Hong Kong Dollars at 36.7900, made under sub-section (2) of section 20 of the Indian Stamp Act, 1899 and sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962, and declares the substituted rate effective from 7-6-1991.

Exchange rate determination for Russian rouble set by Central Government notification under Customs Act, affecting currency conversion rules.
The Central Government, exercising authority under the Customs Act, determines the exchange rate for conversion between the Russian Rouble and Indian currency as rupees 24.8661 for the purposes of section 14; this notification supersedes the earlier notification and specifies the rate's effective commencement.

Research approval granted with institution status requiring separate research accounts and annual audited reporting.
Approval is granted to Vipassana Research Institute as an Institution under section 35(1)(iii) of the Income-tax Act, subject to conditions: maintain a separate account for research receipts, furnish annual research activity returns to the Secretary, Department of Scientific and Industrial Research by 31 May, and submit audited annual accounts to specified tax and research authorities by 30 June each year; the notification also fixes the approval period and prescribes the procedure and timeline for applying for extension of approval.

Approval under section 35(1)(ii) grants research institution status subject to separate accounts and annual reporting and audit submissions.
Approval is granted to the National Society for the Prevention of Blindness India, Dr. Rajendra Prasad Centre for Ophthalmic Sciences, as an Institution for purposes of clause (ii) of sub section (1) of section 35 of the Income tax Act, effective 1 April 1991 to 31 March 1993, subject to maintenance of separate accounts for scientific research, annual submission of research activity returns to the Secretary, Department of Scientific and Industrial Research by 31 May, and annual submission by 30 June of audited accounts to the Director General of Income tax (Exemptions), the Secretary, and the local tax commissioner/director.

Exchange rate amendment revises customs conversion rates for Malaysian and US dollars effective from the notified date.
Amendment to the customs exchange-rate Schedule substitutes the Schedule entries for Malaysian Dollars and U.S. Dollars with new specified exchange rates, effected under the Indian Stamp Act, 1899 and the Customs Act, 1962, and establishes the revised rates as operative from the stated effective date.

Warehousing station declaration under customs law recognises UPSIDC Industrial Area, Karchana as an official bonded storage location.
The Central Board of Excise and Customs, exercising powers under the Customs Act, 1962, declared UPSIDC Industrial Area, Karchana in District Allahabad, Uttar Pradesh, to be a warehousing station by a non-tariff notification, thereby designating the site for the application of customs warehousing regimes and related administrative procedures.

Authority to decide MRTP section 2A questions delegated to the Board, superseding an earlier notification.
Central Government delegates to the Board of Company Law Administration (under section 10E of the Companies Act, 1956) the authority to decide all questions of the nature referred to in section 2A of the Monopolies and Restrictive Trade Practices Act, 1969, superseding an earlier notification while preserving actions or omissions predating the supersession.

Approval under section 35(1)(ii): Institutional status requires separate research accounts, annual research returns and audited accounts submission.
Approval under section 35(1)(ii) recognises the National Institute for Traning in Industrial Engineering, Bombay as an "Institution" for research related tax purposes, subject to maintaining a separate account for research receipts, furnishing annual research activity returns to the Secretary of the Department of Scientific and Industrial Research by the annual deadline, and submitting audited annual accounts to the Director General of Income tax (Exemptions), the Secretary, and the local Commissioner/Director by the annual submission deadline.

Delegation of Central Government powers under the Companies Act enables regional exercise of specified statutory functions.
The Central Government delegates specified powers and functions under enumerated provisions of the Companies Act, 1956 to Regional Directors, superseding an earlier notification of June 1985 insofar as it is superseded, and thereby enables regional exercise of the Central Government's statutory functions under the listed sections and sub provisions; the notification specifies its commencement.

Family-based limits on duty-free goods impose one-unit entitlement per family with a mandatory claimant declaration.
The notification substitutes "passenger" with "person" and changes "per person" to "to such person," limits specified goods to one unit per family, requires a claimant declaration that no other family member has or will claim the benefit, and defines family as persons residing in the same house forming the same domestic establishment, while introducing an aggregate value ceiling for such goods.

Exchange rate amendment updates Japanese yen rate in customs notification, altering valuation for stamp and customs purposes.
Amendment replaces the schedule entry for serial No. 11 to fix the Japanese yen conversion rate for customs and stamp valuation; the revised rate is declared applicable under the customs non tariff notification and is operative from the stated effective date.