Approval under Section 35(1)(ii) conditions association tax-exemption on separate research accounts, returns and audited filings.
Approval under Section 35(1)(ii) was granted to The South India Textile Research Association as an Association eligible for research-related tax treatment, conditioned on maintaining a separate account for research receipts, furnishing annual returns of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31st May, and submitting audited annual accounts showing income, expenditure, assets and liabilities to the Director-General of Income-tax (Exemptions), the Secretary, Department of Scientific and Industrial Research, and the local Commissioner/Director of Income-tax (Exemptions) by 30th June each year.

Exchange rate amendment updates specified currency conversion rates under stamp and customs provisions, effective mid-February.
Amendment replaces the Schedule entries at serial numbers 5, 7, 13 and 15 of Notification No. 80/90-NT-Cus., specifying new conversion rates for Danish Kroner, Dutch Guilder, Norwegian Kroner and Swedish Kroner, and declares those rates effective from 15-2-1991 under powers derived from the Indian Stamp Act and the Customs Act.

Institution approval under section 35(1)(ii) requires separate research accounts, annual returns, and audited accounts submissions.
Kalyani Gorakhshan Trust is approved as an Institution under clause (ii) of sub section (1) of section 35 of the Income tax Act, subject to conditions: maintain separate accounts for scientific research; file annual returns of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31st May; and submit audited annual accounts showing income, expenditure, assets and liabilities to the Director General of Income tax (Exemptions), the Secretary, Department of Scientific and Industrial Research, and the Commissioner/Director of Income tax (Exemptions) having jurisdiction by 30th June each year.

Research-association approval: must maintain separate research accounts and file annual returns plus audited accounts.
Approval under clause (ii) of sub section (1) of section 35 is granted to The Silk and Art Silk Mills Research Association as an "Association" for scientific research from 1 4 1991 to 31 3 1992, subject to maintaining separate research accounts, filing annual returns of research activities to the Secretary, Department of Scientific and Industrial Research by 31st May, and submitting audited annual accounts to specified authorities by 30th June each year.

Approval under section 35(1)(ii) - institutional research approval subject to accounting, reporting and audited account obligations.
Approval is granted to the Indian Cancer Society, Solapur, as an Institution for the purposes of section 35(1)(ii) of the Income-tax Act, subject to maintaining a separate account for research receipts, furnishing annual research returns to the Secretary, Department of Scientific and Industrial Research by 31st May, and submitting audited annual accounts to specified tax and research authorities by 30th June. The approval is effective for a defined period and the organisation must apply for extension through prescribed channels before expiry.

Approval under section 35(1)(ii) - Institution status subject to research accounting, annual returns and audited accounts.
Approval is granted to the Indian Copper Development Centre, Calcutta under section 35(1)(ii) as an Institution, subject to maintaining a separate account for scientific research funds; furnishing annual scientific research returns to the Secretary, Department of Scientific and Industrial Research by 31 May; and submitting audited annual accounts showing income, expenditure, assets and liabilities to the Director-General of Income-tax (Exemptions), the Secretary, Department of Scientific and Industrial Research, and the Commissioner/Director of Income-tax (Exemptions) with jurisdiction by 30 June each year.

Approval under section 35(1)(ii): scientific-research association subject to separate accounts, annual returns and audited accounts.
Approval is granted to The Research Society, The Grant Medical College and J.J. Group of Hospitals under section 35(1)(ii) as an association, subject to maintaining separate research accounts, furnishing annual scientific-research returns to the Secretary, Department of Scientific and Industrial Research by 31 May each year, and submitting audited annual accounts to the Director-General of Income-tax (Exemptions), the Secretary, Department of Scientific and Industrial Research, and the local tax authority by 30 June each year.

Exchange rate amendment: substituted customs exchange rates for Deutsche Mark, French Franc and Japanese Yen, altering valuation for imports.
Amendment to customs exchange rates replaces prior Schedule entries by substituting revised conversion figures for three specified currencies, directing customs authorities to apply the new exchange rates for valuation, duty and stamp purposes; the substitution takes effect from the notification's stated effective date and is issued under provisions of the Stamp Act and the Customs Act.

Exchange rate amendment updates notified foreign currency valuation affecting customs and stamp duty calculations under enabling statutes.
Amendment substitutes the Serial No. 10 schedule entry in Notification No. 80/90-NT-Cus., revising the notified exchange rate for the Italian lire; made under section 20(2) of the Indian Stamp Act, 1899 and sub-clause (i) of clause (a) of section 14(3) of the Customs Act, 1962, it limits its effect to replacing the existing schedule entry with the new exchange-rate specification for customs valuation and related statutory reference.

Exemption for bright bars: duty not required to be paid where duty was not levied during the relevant period.
The Central Government directed that excise duty shall not be required to be paid on cold formed or cold finished steel bars (Bright Bars) when, during a specified past period, duty was not levied on such goods manufactured from duty paid inputs without availing credit under the excise rules; the direction exempts from recovery the duty that would otherwise have been payable but for that prevailing practice.

Approval under section 35CCB: donations to approved conservation programmes allowed subject to accounting and reporting conditions.
M/s. Vanarai, Pune is approved under section 35CCB as an institution and its specified programmes (coordination offices, awareness campaigns, tree plantation and nurseries, non-conventional energy propagation, publications, and ideal villages) are approved as qualifying conservation programmes. Approvals are valid for three years from the stated commencement, subject to conditions requiring a separate account for donations, annual progress reports and accounts submitted to the prescribed authority (and copied to the tax commissioner) by the annual deadline, and continued satisfaction of the prescribed authority which may withdraw approval retrospectively.

Approval under section 35(1)(ii): organisation must maintain separate research accounts and submit annual returns and audited accounts.
The organisation is recognised under section 35(1)(ii) as an "Association" subject to conditions: maintain separate accounts for research receipts; furnish annual returns of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31st May each year; and submit audited annual accounts showing income, expenditure, assets and liabilities by 30th June each year to the Director General of Income tax (Exemptions), the Secretary, Department of Scientific and Industrial Research, and the local Commissioner/Director of Income tax (Exemptions).

Scientific research approval granted to institute subject to separate accounting and annual audited reporting deadlines.
Approval is granted to Aspee Research Institute as an association for purposes of section 35(1)(ii), subject to maintaining a separate account for scientific research, furnishing annual returns of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31st May each year, and submitting audited annual accounts showing income, expenditure, assets and liabilities to the Director-General of Income-tax (Exemptions), the Secretary, DSIR, and the relevant Commissioner/Director by 30th June each year.

Exchange rate determination fixes Russian rouble conversion rate under Customs Act, standardising valuation and currency conversion procedures.
Determination under the Customs Act prescribes a statutory conversion rate for the Russian rouble into Indian currency for purposes of section 14, issued under the cited sub clause and superseding an earlier notification; the new rate is declared effective from the date stated in the notification and governs customs valuation and conversion procedures.

Exchange rate amendment sets revised legal conversion for Pound Sterling, effective in February, affecting customs valuation and stamp application.
Amendment sets the official exchange rate for Pound Sterling by substituting serial No. 14 in Notification No. 80/90-NT-Cus under section 20 of the Indian Stamp Act and section 14(3)(a)(i) of the Customs Act; the substituted Schedule entry specifies the revised Pound Sterling conversion and makes that rate effective from early February 1991 for customs and stamp purposes.

Approval under section 35(1)(ii): institution status subject to separate research accounts, annual returns and audited filings.
Approval under section 35(1)(ii) recognises Shri Bhagwan Mahavir Viklang Sahayata Samiti, Sawai Mansing Hospital, Jaipur as an Institution for tax purposes, conditioned on maintaining separate research accounts, furnishing an annual return of scientific research activities to the Secretary, Department of Scientific and Industrial Research by the prescribed date, and submitting audited annual accounts to the Director General of Income tax (Exemptions), the Secretary, and the relevant Commissioner/Director of Income tax (Exemptions).

Approval under section 35(1)(ii) grants institutional research exemption subject to annual accounting and reporting conditions.
Approval under section 35(1)(ii) grants the Central Indian Institute of Medical Science, Nagpur institutional recognition for research-related tax purposes, subject to maintaining a separate account for research receipts, filing an annual return of scientific research activities to the Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts of income, expenditure, assets and liabilities to the designated tax and research authorities by 30 June each year.

Approval under s.35(1)(ii) confers research association status requiring separate accounts, annual returns, and audited statements.
Approval is granted to the National Centre for Software Technology as an Association under section 35(1)(ii) of the Income tax Act subject to maintaining a separate research account, furnishing an annual return of scientific research activities to the Secretary, Department of Scientific and Industrial Research, and submitting audited annual accounts to the Director General of Income tax (Exemptions), the Secretary, DSIR, and the relevant Commissioner/Director of Income tax (Exemptions) by the prescribed annual deadline.

Specification of Home Loan Account Scheme for tax purposes under section 88(2)(xiv), effective from assessment year 1991-92.
Central Government specifies the Home Loan Account Scheme of the National Housing Bank under clause (xiv) of sub-section (2) of section 88 of the Income-tax Act, 1961 for the purposes of that clause for assessment year 1991-92 and subsequent assessment years by Notification No. S.O.57(E) dated 31-1-1991.

Unit-linked insurance plan designation for Dhanaraksha 1989 plan specified, governing tax character from assessment year 1991-92 onwards.
The Central Government, by notification under the relevant enabling provision, specifies the Dhanaraksha, 1989 plan of the LIC Mutual Fund as a unit-linked insurance plan for the purposes of the cited clause, effective for the assessment year 1991-92 and subsequent assessment years, thereby fixing the plan's tax-characterisation by administrative specification.