Research institution approval under section 35(1)(iii): approval conditional on separate research accounts, annual returns, audited accounts, and timely renewal.
Approval of the Pan Asian Management and Rural Research Organisation as an institution under section 35(1)(iii) is effective for 1 April 1988-31 March 1989, subject to maintaining separate research accounts, filing annual research returns by 31 May, furnishing audited accounts and balance-sheet with copies to tax authorities by 30 June, and applying for extension before the approval expiry to avoid rejection.

Avoidance of double taxation allocates taxing rights, limits cross border withholding and provides MAP and information exchange.
The Convention allocates taxing rights between India and Sweden for residents, defines key terms including permanent establishment, and prescribes sourcing rules for business profits, air and shipping, dividends, interest, royalties and fees for technical services. It limits source state withholding on certain passive income where the recipient is the beneficial owner, provides methods to eliminate double taxation through credits or exemptions subject to domestic law, and establishes a Mutual Agreement Procedure and exchange of information framework with nondiscrimination safeguards.

Exchange rate determination: prescribed foreign currency conversion rates for stamp duty and customs effective April 1989.
The Central Government prescribes conversion rates of specified foreign currencies into Indian currency, effective 1 April 1989, for (a) calculating stamp duty under the Indian Stamp Act and (b) determining values for the purposes of the Customs Act, superseding the prior notification; the Schedule sets the equivalent of each listed foreign currency to Rs.100 for use in relevant statutory calculations.

Withholding exemption for specified bonds requires transferee notice to issuer by registered post within prescribed period.
Central Government specifies the 11.5 per cent. Bonds, 2008 (Fifty-first Series) as within the proviso to section 193 of the Income-tax Act; the benefit on transfer by endorsement or delivery is admissible only if the transferee notifies the issuer or the managers by registered post within sixty days of such transfer.

Specified bonds under section 193 proviso: transferee must notify issuer to secure withholding benefit within prescribed period.
Government specifies two IDBI bond series as covered by the proviso to section 193 for withholding purposes; transfer by endorsement or delivery is eligible for the proviso's benefit only if the transferee notifies the Industrial Development Bank of India by registered post within sixty days of transfer.

Rescission of notification under Central Excise Rules withdraws a prior central excise notification and its operative effect.
The Central Government, exercising powers under rule 12 of the Central Excise Rules, 1944, rescinds Notification No. 13/71-Central Excises issued by the Ministry of Finance (Department of Revenue), with the rescission effective from the 24th day of March, 1989, thereby withdrawing the earlier non-tariff central excise notification.

Designation of land customs stations authorises specified routes for clearance of dutiable, restricted or rebate eligible cross border goods.
The Central Government appoints specified places on the Indo Nepal border as land customs stations to clear goods that are dutiable, subject to import/export restrictions, or exports entitled to rebates, and prescribes exclusive routes for such goods-road between Jogbani and Biratnagar, and road and railway between Raxaul and Birganj-superseding the prior notification and stating an operative commencement date.

Customs notification amendment removes specified schedule entries, altering auxiliary duty exemptions and coming into force shortly after issuance.
Exercising powers under the Customs Act and provisional authority of the Finance Bill, the Central Government amends Notification No. 106-Customs by omitting Serial Nos. 98 and 118 and their entries from the Schedule to that notification; the amendment takes effect on the 24th day of March, 1989.

Rescission of customs notifications withdraws specified exemption orders under Customs Act, taking effect in the public interest.
Rescission of two prior miscellaneous exemption notifications is effected under the powers conferred by the Customs Act, with the Central Government rescinding Notification No. 70/Customs and Notification No. 132/Customs and withdrawing those exemption orders issued by the Ministry of Finance (Department of Revenue); the revocation takes effect on the date specified in the notification.

Research institution approval requires separate research accounts, annual returns, audited accounts and timely renewal to maintain compliance.
Approval of World Wide Fund for Nature, India as an Institution under Section 35(1)(ii) is conditional on maintaining a separate account for scientific research receipts, furnishing annual returns of scientific research activities by 31st May, and submitting audited annual accounts with income and expenditure statements and a balance-sheet to the prescribed authority by 30th June, with copies to the Central Board of Direct Taxes, DGIT (Exemption) and the concerned Commissioner of Income-tax.

Research institution approval grants conditional tax-exemption requiring separate research accounts and annual audited returns.
Approval under section 35(1)(ii) was granted to Sri Aurobindo Institute of Applied Scientific Research as an Association, subject to conditions: maintain a separate research account; furnish annual research-activity returns by 31st May; submit audited accounts, income and expenditure statements and balance-sheet with copies to specified tax authorities by 30th June; and apply for extension before approval expiry. The approval applies to the institute at the stated address for the period 1st April, 1988 to 31st March, 1989.

Approval under section 35(1)(ii) requires separate research accounts and timely annual returns and audited account submissions.
Approval is granted to Bhagwan Sri Ramana Maharishi Research Centre as an approved institution under section 35(1)(ii) of the Income-tax Act for the category "Association," subject to maintenance of separate research accounts and filing prescribed annual returns by 31st May. The association must submit audited annual accounts, income and expenditure statements, and balance-sheet to the prescribed authority by 30th June with copies to tax authorities, and must apply for extension before the approval expiry.

Research institution approval under section 35(1)(iii) requires separate research accounts and timely annual returns with audited accounts.
The Department of Scientific and Industrial Research approved the Indian Institute of Psychometry, Calcutta, as an Institution under clause (iii) of sub section (1) of section 35 of the Income tax Act for the period 1 April 1988 to 31 March 1989, subject to conditions: maintain a separate account for research receipts; furnish annual returns of research activities in prescribed forms by the prescribed date; submit audited annual accounts, income and expenditure statements and balance sheet to the prescribed authority with copies to the Central Board of Direct Taxes, DGIT (Exemption), Calcutta and the concerned Commissioner; and apply for extension before expiry of approval.

Research institution approval under income-tax law requires separate research accounts and timely annual filings for compliance.
Approval to the Centre for Applied Systems Analysis in Development, Bombay is granted under section 35(1)(iii) of the Income-tax Act for the period 1 April 1988 to 31 March 1989, subject to maintaining separate research accounts, furnishing annual scientific research returns by 31 May, submitting audited accounts and balance-sheet to the prescribed authority by 30 June with copies to tax authorities, and applying for renewal before the approval expires.

Approval under section 35(1)(iii) enables institutional research deduction subject to separate accounts, annual returns and audited filings.
Approval is granted to the Gandhian Institute of Studies under section 35(1)(iii) of the Income-tax Act subject to conditions: maintain separate accounts for scientific research; furnish annual research returns to the prescribed authority by 31 May; submit audited annual accounts and balance-sheet to the prescribed authority by 30 June with copies to central tax offices and the concerned Commissioner; and apply for extension before expiry. The approval applies from 1 April 1988 to 31 March 1989.

Approval under income-tax research provisions: institute status granted, subject to annual reporting and account-maintenance conditions.
Usha Scientific Research Institute, Calcutta is approved as an approved institution for relevant income-tax research provisions, effective for the stated financial year, on condition that it maintains separate research accounts, files annual research returns by 31st May, submits audited accounts and balance-sheet with specified copies by 30th June, and applies for extension no later than three months before expiry, with late applications liable to rejection.

Approval under section 35(1)(ii) grants tax-exemption eligibility subject to annual reporting, audited accounts and renewal conditions.
Approval is granted to the International College of Surgeons, Bombay as an approved institution for purposes of section 35(1)(ii), conditional on maintaining separate accounts for research receipts, submitting annual returns of research activities by the prescribed date, furnishing audited annual accounts and balance sheet to the prescribed authority and tax authorities by the specified deadline, and applying for extension of approval before expiry to avoid rejection.

Research institution approval enables specified tax treatment subject to compliance, reporting obligations and renewal conditions.
Approval of the National Labour Law Association as an Institution under clause (iii) of sub section (1) of section 35 grants tax treatment eligibility subject to conditions: maintain separate accounts for scientific research; furnish annual returns of research activities by 31st May; submit audited annual accounts, income and expenditure statements and balance sheet to the prescribed authority and specified tax offices by 30th June; and apply for renewal at least three months before approval expiry to the Central Board and DGIT, with late applications liable to rejection.

Research institution approval under income tax law requires separate research accounts and annual audited returns and filings.
Approval under section 35(1)(iii) is granted to Anna Institute of Management, Madras as an Institution for the period 1 April 1988 to 31 March 1989, subject to maintaining separate research accounts, filing annual returns of scientific research by 31 May, submitting audited accounts and balance-sheet with copies to tax authorities by 30 June, and applying for extension before approval expiry.

Excise notification amendment shifts the effective date of a prior notification earlier by one day.
The Government, invoking statutory amendment power under the Central Excises Act, substitutes the figures and words denoting the commencement date in the opening paragraph of an existing non tariff excise notification with an earlier calendar date, thereby altering the notification's temporal application while leaving other provisions unchanged.