Public Provident Fund specified under section 88(2)(v) for tax recognition from assessment year 1991 92 onward.
The Central Government specifies the Public Provident Fund established under the Public Provident Fund Scheme, 1968, under the power in clause (v) of sub section (2) of section 88 of the Income tax Act, 1961, thereby enabling its recognition for income tax purposes from assessment year 1991 92 and subsequent assessment years by notification S.O.55(E) dated 31 1 1991.

Specification of savings certificates: national savings certificates (VIII Issue) recognised under section 88(2)(xi) for assessment years.
Central Government specifies National Savings Certificates (VIII Issue), issued under the Government Savings Certificates Act, 1959, as qualifying saving certificates for the purposes of clause (xi) of sub section (2) of section 88 of the Income tax Act, 1961, by notification, applying to the stated assessment year and subsequent assessment years.

Exchange rate amendment: substitution of the Swiss franc customs valuation rate, effective in early February, updating the prior notification.
The Central Government, under the Indian Stamp Act and the Customs Act, amends Notification No. 80/90-NT-Cus. by substituting the Schedule entry at serial number sixteen to set a revised customs exchange rate for Swiss Francs, with the amendment taking effect from early February 1991 for all relevant customs valuations under the notification.

Warehousing station designation under section 9 enables Village Dhenkanal to function as a customs warehousing point.
The Central Board of Excise and Customs, exercising the power conferred by section 9 of the Customs Act, 1962, declares Village Dhenkanal, Sadar Tehsil, District Dhenkanal, State of Orissa, to be a warehousing station, thereby subjecting the locality to the statutory regulatory framework governing customs warehousing and related operational and compliance requirements under the Act.

Exemption for copper wire rods where past practice led to non-levy of excise duty; no retrospective payment required.
The Central Government, satisfied that excise duty and the special duty of excise were not levied on copper wire rods manufactured from duty-paid copper wire bars under the then tariff item during the specified period due to a prevailing practice of non-levy, directs that the whole of duty of excise and the special duty of excise which would have been leviable but for that practice shall not be required to be paid in respect of such copper wire rods on which such duties were not levied.

Research organisation approval under section 35(1)(ii) requires separate research accounts and annual audited returns to tax and science departments.
Approval is granted to the Foundation for Applied Research in Cancer under section 35(1)(ii) as an Association, subject to maintaining a separate account for research receipts, filing an annual research activity return to the Secretary, Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts to the Director-General of Income-tax (Exemptions), the Secretary, DSIR, and the local Commissioner/Director of Income-tax (Exemptions) by 30 June; the approval is effective from 13-9-1990 to 31-3-1992 and procedures for extension are prescribed.

Approval under Section 35(1)(ii) for scientific research requires separate research accounts, annual DSIR return and audited accounts submission.
Approval under Section 35(1)(ii) is granted to Ahmedabad Textile Industries Research Association for 1-4-1990 to 31-3-1991, subject to maintaining a separate account for scientific research receipts; filing an annual return of research activities to the Secretary, Department of Scientific and Industrial Research by 31 May; and submitting audited annual accounts 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 30 June each year.

Warehousing designation expands to include Karwar Port, extending Central Excise notification coverage and storage eligibility.
An amendment to Notification No. 266/67-Central Excises inserts a new item (zzk) in paragraph 2, clause (i), immediately after item (zzj), to designate Karwar Port (Karnataka) as a location covered by the Central Excise warehousing notification, thereby adding that port to the enumeration of places eligible for the notification's warehousing provisions.

Research expenditure deduction approval requires separate research accounts, annual scientific returns, and audited account filings with authorities.
Approval for research expenditure deduction is granted to Bakul Finechem Research Centre as an association for a specified financial year, conditional on maintaining separate research accounts, furnishing an annual return of scientific research activities to the Secretary, Department of Scientific and Industrial Research by the annual deadline, 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 the prescribed annual filing date.

Tax exemption approval for scientific research institutions requires maintaining separate research accounts and filing annual returns and audited accounts.
Approval is granted to Tea Research Association, Calcutta, as an Institution for research-related tax exemption under section 35(1)(ii), subject to maintaining separate research accounts, filing an annual return of scientific research activities to the Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts to specified authorities by 30 June. The approval period runs from 1 April 1990 to 31 March 1992 and applicants are advised to apply for extension three months before expiry or promptly if approval is received late.

Approval under section 35(1)(ii) requires separate research accounts, annual research returns, and audited accounts filing.
Approval under section 35(1)(ii) for the Medical Research Centre of Bombay Hospital Trust is granted subject to maintaining a separate account for scientific research receipts, filing 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 showing income, expenditure, assets and liabilities to the Director-General of Income-tax (Exemptions), the Secretary, and the jurisdictional Income-tax Commissioner/Director by the prescribed annual date.

Customs airport appointment: amendment adds crew and passenger baggage to the notification's enumerated entries.
An amendment under clause (a) of section 7 of the Customs Act, 1962 inserts the sub item "crew and passenger baggage" into the Table annexed to Notification No. 75 Customs, 1975: once after sub item (vii) in item (a) and once after sub item (xxvi) in item (b) against Serial No. 1, column 3, thereby formally adding crew and passenger baggage to the enumerated entries for that serial entry.

Approval under Section 35(1)(ii) grants association recognition for research subject to separate accounts, annual returns and audited submissions.
Approval is granted to the Tamil Nadu Science and Technology Centre as an approval under Section 35(1)(ii) for the category "Association," subject to maintaining separate research accounts, filing an annual scientific research return to the Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts to specified tax and research authorities by 30 June. The organisation must apply for extension of approval through the relevant Income tax authority in advance, with exceptional procedures and copy requirements to the Department of Scientific and Industrial Research.

Research institution approval under section 35(1)(iii) requires separate accounts, annual return, and audited filings with authorities.
Approval of Nalanda Dance Research Centre as an "Institution" under section 35(1)(iii) is effective from 1-4-1990 to 31-3-1991 and is subject to maintaining separate accounts for research receipts, filing an annual return of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31st May, and submitting audited annual accounts to the Director-General of Income-tax (Exemptions), the Secretary, Department of Scientific and Industrial Research, and the relevant Commissioner/Director by 30th June each year; procedures for applying for extension are prescribed.

Research approval under section 35(1)(ii) granted subject to separate research accounts, annual return and audited accounts submission.
Approval is granted to M. L. Shah Research Foundation under clause (ii) of sub section (1) of section 35 of the Income tax Act, conditioned on maintaining separate accounts for scientific research, furnishing an annual return of research activities to the 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 Department Secretary, and the jurisdictional Commissioner/Director by 30th June each year.

Research institution approval under section 35(1)(ii) requires separate research accounts and annual audited returns to authorities.
Approval is granted to Bhartiya Vidya Bhavan as an Institution for the purposes of clause (ii) of sub section (1) of section 35 of the Income tax Act, subject to conditions: maintain a separate account for sums received for scientific research; furnish an annual return of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31 May each year; and submit audited annual accounts showing income, expenditure, assets and liabilities to specified tax and departmental authorities by 30 June each year.

Approval under section 35(1)(iii) imposes accounting, annual reporting, and audited-account submission requirements for university research.
Approval under section 35(1)(iii) recognises the University Department of Chemical Technology, Bombay as a University for research-related tax purposes, subject to maintaining separate accounts for research receipts, filing an annual scientific research return to the Secretary, DSIR by 31 May, and submitting audited annual accounts to the Director-General (Exemptions), Secretary, DSIR and the relevant Commissioner/Director of Income-tax (Exemptions) by 30 June; the approval covers the notified period and sets out the procedure for applying for extension.

Approval under section 35(1)(iii) confirms institutional research tax-exemption subject to accounting and reporting conditions.
Approval under section 35(1)(iii) recognises the organisation for research-related tax purposes subject to conditions: maintain separate research accounts; file an annual return of scientific research activities with the Department of Scientific and Industrial Research by the prescribed deadline; and submit audited annual accounts showing income, expenditure, assets and liabilities to specified tax and research authorities by the prescribed annual deadline.

Research approval under section 35(1)(ii) granted to institution, subject to accounting, reporting and audited account submissions.
Approval granted to the Himalayan Institute Hospital Trust, Kanpur, under section 35(1)(ii) as an Institution for the period 1-4-1990 to 31-3-1991, subject to maintaining separate accounts for research receipts, furnishing an annual research activity return to the Secretary, Department of Scientific and Industrial Research by 31 May, and submitting audited annual accounts by 30 June to the Director General (Exemptions), the Secretary (DSIR), and the local Commissioner/Director (Exemptions).

Research approval compliance: institution must maintain separate research accounts and meet annual audited reporting and extension deadlines.
Indian National Theatre, Bombay is approved as an Institution under section 35(1)(iii) subject to maintaining a separate account for research receipts, filing an annual return of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31st May each year, and submitting audited annual accounts to the Director-General of Income-tax (Exemptions), the Secretary, DSIR, and the local Commissioner/Director by 30th June each year; approval effective 1-4-1990 to 31-3-1991, with prescribed procedures for applying for extension.