Tax Free Municipal Bonds specified; issuance by Chennai water board requires bondholder registration to claim tax exemption.
The Central Government specifies Tax Free Municipal Bonds to be issued by the Chennai Metropolitan Water Supply and Sewerage Board during financial year 2004-2005, under the exemption framework of clause (15) of Section 10 of the Income Tax Act. The notification limits the aggregate amount eligible for specification for that year and makes tax-free status conditional on registration of the bondholder's name and holding with the issuing Corporation.

Exemption under section 35AC extended for community dental health project with amended allowable project cost.
Central Government specifies continuation of the Community dental health care and awareness project by Bhaskar Dental Foundation as an eligible project for deduction under section 35AC for a further three-year period from financial year 2004-2005, following a recommendation by the National Committee; the earlier notification is amended to increase the maximum project cost allowable as a deduction.

Exemption under section 35AC extended: Mid-day Meal Scheme in Bangalore remains eligible for a further two-year period.
The Central Government re specifies the Mid day Meal Scheme conducted by Maria Seva Sangha for three Bangalore schools as an eligible project under section 35AC, following recommendation of the National Committee and prior notifications; the scheme's eligibility is extended for a further two years beginning from the financial year 2004 2005 without any change to the previously approved project cost.

Exemption under section 35AC extended for Sense International's deaf blind rehabilitation scheme, retaining approved project cost and eligibility.
The Central Government re specified Sense International (India)'s nationwide comprehensive rehabilitation project for the deaf blind as an eligible project for tax exemption, following a recommendation by the National Committee that the project was being executed properly. The specification extends the eligibility period for a further three years from the stated financial year and confirms no change to the approved project cost, pursuant to the income tax provision and implementing rules for eligible social welfare projects.

Exemption under income tax provision extended for Leprosy Mission Hospitals as an eligible project for a further period.
The Central Government, exercising powers under the income tax exemption provision, specifies support for the Leprosy Mission Hospitals by The Leprosy Mission Trust India as an eligible project and, on recommendation of the National Committee for Promotion of Social and Economic Welfare, renews the project's eligibility without any change to the approved project cost for a further period commencing with the financial year 2004-2005.

Exemption under section 35AC extended and project cost revised to sustain tax-deductible support for charitable medical aid.
Central Government specifies the Jivan Jyot Charitable Trust scheme for help to patients through medical aid, education and foodgrains as an eligible project for a further three years commencing financial year 2004-2005, and amends the earlier notification to substitute the approved cost entry with Rs. 135.00 lakhs including a corpus fund of Rs. 25.00 lakhs.

Exemption under section 35AC: Project "Eye Hope" specified as eligible for a further three-year period after government notification.
Exemption under section 35AC: the Central Government specifies Project "Eye Hope" by Eye Bank Coordination and Research Centre, Mumbai, as an eligible project for a further three-year period following a recommendation by the National Committee, without any change to the previously approved project cost and corpus fund, under the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC and applicable Income-tax Rules.

Exemption under Section 35AC: Balwadi and women's development project renewed as eligible for an additional period.
Central Government specifies the Balwadi and Centre for Integrated Development project at Pune, carried out by Swa-Roopwardhinee, as an eligible project under section 35AC for a further three-year period commencing with the financial year 2004-2005, following a recommendation by the National Committee for Promotion of Social and Economic Welfare and without change in the approved project cost.

Exemption under section 35AC: residential training centre for mentally retarded persons specified as eligible project for a further three-year period.
The Central Government specifies the project for equipments, furnishing and running of a Residential Training Centre for mentally retarded persons at Sabarkantha District, Gujarat, carried out by Sahyog Kushthayagna Trust, as an eligible project under the Income-tax Act provision; the approved cost remains at Rs. 93.30 lakhs and the specification is extended for a further three years from financial year 2004-2005 following the National Committee's recommendation.

Section 35AC extension of eligible project status for health and education enabling increased deductible project cost.
Specification under section 35AC designates Sundeep Foundation's health care and education project in Gujarat and Maharashtra as an eligible scheme and extends that specification for three years from the financial year 2004-2005 following the National Committee's recommendation. The notification also amends the maximum cost eligible for deduction, substituting the previously specified Rs. 40.00 lakhs with Rs. 70.00 lakhs.

Tax exemption extension for specified charitable blood equipment project preserves approved cost and continues eligibility after committee recommendation.
The Central Government has specified the project for purchase of blood component equipment and accessories at Chennai by Madras Egmore Lions Blood Bank and Research Foundation as an eligible project for a further three-year period, without change to the approved project cost, following the National Committee's recommendation that the project is being executed properly and warrants continued specification under the applicable rules.

Exemption under Section 35AC extended for Amar Jyoti Trust project, continuing eligibility for three years from financial year 2004-2005.
The Central Government, on the National Committee's recommendation, has specified Amar Jyoti Charitable Trust's scheme for construction, purchase, furnishing and running of activities for rehabilitation of persons with disability through integrated education, vocational training, medical care and employment opportunities at Delhi/Gwalior as an eligible project under Section 35AC for a further three years from financial year 2004-2005, without change to the approved project cost.

Exemption under section 35AC extended for Srikakulam old age home project; corpus fund component of deductible cost increased.
Central Government specifies the Srikakulam old age home construction by Srikakulam Vyaodhikula Sangham as an eligible project for a further two years commencing financial year 2004-2005, following the National Committee's recommendation that the project is properly executed. The notification amends the earlier notification's table entry to increase the corpus fund component of the maximum project cost allowed as a deduction, substituting the previous corpus fund figure with the higher amount.

Exemption under section 35AC extended for Shree Pragati Foundation's hospital equipment and running project for a further period.
The Central Government specifies extension of the section 35AC eligibility for Shree Pragati Foundation's hospital project at Mulund (West) for a further two years from financial year 2004-2005, on the National Committee's recommendation, without change in the approved cost of Rs. 1070.00 lakhs inclusive of a Rs. 500.00 lakhs corpus fund.

Tax exemption under Section 35AC extended to a rural leprosy and TB treatment centre, maintaining eligible project status.
Central Government specifies continued eligibility for tax exemption under the Income tax Act for the construction, establishment and running of a 30 bed rural integrated centre for elimination of leprosy and tuberculosis by Sri Ramakrishna Sevasharam, "Radha Lakshmi Nivas", and, following the National Committee's recommendation, extends the project's specified period for a further three years commencing from the financial year 2004 2005 without any change to the approved project cost.

Section 35AC exemption: Rural Mobile Clinic specified as an eligible project for a further three-year period commencing 2004-05.
The Central Government specifies the Rural Mobile Clinic of Hindu Mission Hospital as an eligible project or scheme for exemption under section 35AC, following the National Committee's recommendation that the project is being executed properly. The notification continues prior approvals without change to the approved cost structure and extends the period of specification for a further three years commencing with the financial year 2004-2005, thereby preserving the scheme's eligible status for that period.

Deduction under Section 35AC revised for a specified project; notification increases allowable cost for eligible deduction.
Amendment revises the maximum allowable cost eligible for deduction under Section 35AC for the Tata Sponge Iron undertaking at Joda, Keonjhar by substituting the previously notified figure with a new amount in the Table of the earlier notification, effecting a change in the cap on expenditure claimable as a deduction for that specified project.

Income tax exemption for Maharogi Sewa Samiti project extended, reaffirming eligibility for specified welfare scheme.
The Central Government re specifies Running expenses for the welfare activities of Maharogi Sewa Samiti at Nagpur, Chandrapur and Gohchirili as an eligible project for a further three year period commencing 2004-2005, acting on the National Committee's recommendation and without change to the previously approved project cost.

Tax exemption under section 35AC extended for Indian Red Cross Society project supporting cancer detection and radiotherapy facilities.
Specification under section 35AC applies to the Indian Red Cross Society, Nellore Branch for construction, purchase of medical equipment and furniture, and operation of cancer detection and radiotherapy centres; the National Committee recommended and the Central Government has specified a further three-year extension from the financial year 2004-2005 for the same approved project cost, including a corpus fund.

Tax exemption under section 35AC extended to the Andh Apang Kalyan Kendra project, preserving its approved cost and eligibility.
Tax exemption under the Income-tax Act is extended to the project for purchase of instruments and equipment and furnishing of Andh Apang Kalyan Kendra at Ahmedabad, specifying the scheme as an eligible project on the National Committee's recommendation, without change in the approved project cost, for a further period commencing from the financial year 2003-2004.