Approval under section 35(1)(ii) imposes accounting, annual reporting, audited accounts and renewal application requirements for research institutions.
Approval under section 35(1)(ii) recognizes the Associated Agricultural Development Foundation as an approved research Institution conditional upon maintaining a separate account for scientific research receipts, filing annual returns of research activities to the prescribed authority by the annual deadline, submitting audited annual accounts and balance sheet copies to the prescribed authority, the Central Board of Direct Taxes and the Commissioner of Income-tax, and applying to the Central Board for extension of approval within the required advance period before expiry.

Research institution approval under section 35(1)(ii) requires separate research accounts and strict annual reporting compliance.
Approval is granted to the Petroleum Conservation Research Association as an approved institution under section 35(1)(ii) subject to maintaining separate research accounts, furnishing prescribed annual returns by 31st May, submitting audited accounts and balance-sheets to the prescribed authority, the Central Board of Direct Taxes and the Commissioner by 30th June, and applying for extension at least three months before approval expiry.

Approval under section 35(1)(ii) conditions institute status on separate research accounts and annual audited reporting.
Approval of the National Institute of Immunology as an approved institution for research-related tax purposes is conditional on maintaining separate research accounts; filing annual returns of research activities by 31st May; submitting audited accounts, income and expenditure statements and balance-sheet to the prescribed authority, the Central Board of Direct Taxes and the concerned Commissioner by 30th June; and applying to the Central Board of Direct Taxes at least three months before expiry for extension of approval.

Research institution approval under section 35(1)(ii) requires separate research accounts and yearly audited filings for renewal.
Approval is granted to the Foundation for Coil Winding Technology and Research, Pune as an association subject to compliance: maintain separate accounts for scientific research; furnish annual returns of research activities by 31 May; submit audited annual accounts, income and expenditure statements and balance sheet to the prescribed authority, the Central Board of Direct Taxes and the concerned Commissioner by 30 June; and apply to the Central Board for extension three months before approval expiry to avoid rejection.

Approval under Section 35 requires research institutions to keep separate accounts and submit annual audited returns to authorities.
Approval is granted to the International Management Institute, New Delhi, as an institution for the purposes of approval under section 35(1)(iii), subject to conditions: maintain a separate account for scientific research receipts; furnish prescribed annual research returns by 31 May; submit audited annual accounts, income and expenditure statements, and balance-sheet to the prescribed authority, the tax board and the Commissioner by 30 June; and apply for extension of approval three months before expiry.

Tax deduction approval under section 35(1)(iii) requires separate accounts, annual returns and audited filings to maintain approval.
Nalanda Dance Research Centre, Bombay, is approved under section 35(1)(iii) as an Institution for research-related tax purposes, subject to conditions: maintain separate research accounts; file annual research returns by 31 May; submit audited annual accounts and balance-sheet to the prescribed authority by 30 June with copies to the Central Board of Direct Taxes and the concerned Commissioner; and apply to the Central Board at least three months before approval expiry for extension.

Amendment to customs exemption schedule adds rosin, turpentine, dressed bristles and paint brushes to exemptions.
Amendment to the Customs exemption framework inserts four new entries into the Schedule to Notification No. 132-Customs by adding Rosin, Turpentine, Dressed Bristles and Paint Brushes as successive serial entries after Serial No. 53, thereby modifying the list of goods subject to the original miscellaneous exemption notification.

Customs notification amendment removes senior officer references and updates department nomenclature affecting exemption conditions implementation.
Amendment directs revisions to multiple customs exemption notifications by omitting specified officer rank references in condition (i), substituting "Deputy Secretary" for occurrences of "Joint Secretary" where indicated, and replacing bracketed references to "(Department of Heavy Industry)" with "(Department of Industrial Development)", thereby standardising departmental nomenclature and administrative sign off language across the listed notifications.

Substitution of officer designation: notifications amended to replace "Joint Secretary" with "Deputy Secretary" in Explanation clauses.
The Government amends Notification Nos. 462/86-Central Excises and 469/86-Central Excises by substituting the words "Deputy Secretary" for the words "Joint Secretary" in the Explanation to each notification, under the power conferred by rule 8(1) of the Central Excise Rules.

Modvat credit restriction: caps on input credit for specified inputs with exclusions for free trade zones and export units.
The amendment limits Modvat credit for three input categories by substituting the second proviso to Notification No.177/86: (i) paper and paperboard (excluding goods from free trade zones or hundred per cent export oriented undertakings) used in manufacture in India; (ii) vegetable products under sub heading 1504.00 (with the same exclusions) used in manufacture in India; and (iii) goods from breaking up of ships, boats and other floating structures under Heading Nos. 72.15 and 73.09 (excluding goods from free trade zones or hundred per cent export oriented undertakings) used in manufacture in India - in each case credit is capped at a specified amount per tonne or the actual duty paid, whichever is less.

Excise duty exemption for tariff goods capped by a per tonne rate where goods derive from domestic shipbreaking.
Exempts goods under specified tariff headings from central excise duty to the extent that duty exceeds an amount calculated at a fixed per tonne rate, thereby capping excise liability; the exemption applies only where the goods were obtained from the breaking up of ships, boats and other floating structures manufactured in India.

Research institution approval ensures conditional tax recognition subject to annual reporting and audited accounts compliance.
Approval is granted to the Bandra Holy Family Medical Research Society, Bombay, as an approved institution under clause (ii) of sub section (1) of section 35 for the period 1 4 1987 to 31 3 1988, subject to conditions: maintain separate research accounts; furnish annual scientific research returns by 31 May; submit audited annual accounts, income expenditure statement and balance sheet by 30 June with copies to tax authorities; and apply for extension three months before approval expiry.

Research approval under the Income-tax Act: college recognised conditionally, requiring separate research accounts and annual reporting.
Approval is granted to Ramniranjan Jhunjhunwala College as an institution eligible under the Income-tax Act research approval provision for the category "College" from 1 April 1987 to 31 March 1990, conditional on maintaining a separate research account, filing annual research returns by 31 May, submitting audited accounts and balance-sheet copies by 30 June to the prescribed authority and tax authorities, and applying for extension at least three months before approval expiry.

Research institution approval under section 35(1)(ii) requires separate accounts, annual returns, audited statements and renewal notice.
Approval is granted to Krishnamurti Foundation India, Madras, as an institution for the purposes of section 35(1)(ii) of the Income-tax Act, effective from 1-4-1987 to 31-3-1989, subject to conditions: maintain separate accounts for scientific research receipts; file annual returns of research activities by 31st May; submit audited accounts, income and expenditure statements and balance-sheet by 30th June with copies to the Central Board of Direct Taxes and the Commissioner; and apply for extension at least three months before approval expiry.

Approval under section 35(1)(ii) confers research-association recognition subject to separate accounts, annual returns and audited filings.
Approval under section 35(1)(ii) is granted to the Karnataka State Sericulture Development Institute as an Association from 27-4-1987 to 31-3-1989, subject to maintaining separate research accounts, filing prescribed annual research returns by 31st May, submitting audited annual accounts and balance sheet to the prescribed authority by 30th June with copies to the Central Board of Direct Taxes and the Commissioner, and applying for extension at least three months before approval expiry.

Approval under section 35(1)(iii) conditions institution recognition with strict reporting, accounting and renewal requirements.
Approval under section 35(1)(iii) is granted to Maharashtra Granthottejak Sansthan, Pune as an Institution subject to maintaining a separate account for research funds, furnishing annual returns of scientific research activities by 31 May, submitting audited annual accounts and balance sheet to the prescribed authority, the Central Board of Direct Taxes and the Commissioner by 30 June, and seeking extension at least three months before approval expiry; late renewal applications may be rejected.

Approval under section 35 grants institutional recognition subject to separate research accounts, annual audited returns and timely renewal.
The National Council of Applied Economic Research, New Delhi, is approved as an Institution for research-related income-tax purposes from 1-4-1987 to 31-3-1990, subject to maintaining a separate account for research funds, filing annual scientific research returns by 31 May, submitting audited annual accounts and balance sheet to the prescribed authority and copies to the Central Board of Direct Taxes and the concerned Commissioner by 30 June, and applying for extension at least three months before approval expiry.

Appointment of Collector of Customs assigns Madras Collector to also perform Tiruchirapalli customs duties under the Customs Act.
The Collector of Customs, Madras is appointed to discharge the functions of the Collector of Customs, Tiruchirapalli under the powers conferred by section 4(1) of the Customs Act, creating a dual posting that consolidates administrative oversight and territorial jurisdiction for customs functions in both areas.

Appointment of Commissioner of Customs: Madras Commissioner also designated to Tiruchirapalli by central government under statutory power.
The Central Government, invoking its statutory appointment power under the Customs Act, designates the Commissioner of Customs, Madras to also serve as the Commissioner of Customs, Tiruchirapalli by notification, effecting a dual designation so a single incumbent discharges the functions and responsibilities for both jurisdictions.

Exemption of methane from effluent treatment systems removes excise duty liability under the central excise tariff.
The Central Government exempts methane falling under sub heading 2711.29 and generated in effluent treatment systems from the whole of the excise duty leviable under the Schedule to the Central Excise Tariff Act, 1985, by notification issued under the rule making power in the Central Excise Rules, 1944.