Infrastructure facility classification expanded to include MRT, expressways, urban roads, terminals and subways for tax purposes.
The Central Board of Direct Taxes, under the explanatory provisions to the income tax exemption and incentive provisions, notifies Mass Rapid Transit systems, Light Rail Transit systems, Expressways, intra urban and semi urban roads (ring roads, urban bypasses, flyovers), Bus and Truck Terminals, Subways as infrastructure facilities for the exemption provision, and additionally notifies Road Dividers for the purposes of both the exemption and the incentive provision.

Approval under section 10(23G) enables infrastructure projects to claim tax exemption subject to compliance and audited accounts.
Approval is granted to specified enterprises for the purpose of section 10(23G) read with rule 2E for assessment years 1999-2000 to 2001-2002, subject to compliance with section 10(23G) and rule 2E; maintenance of books of account and audit by an accountant as required by sub rule (7) of rule 2E; furnishing the audit report; and with the Central Government empowered to withdraw approval if the undertaking ceases to carry on infrastructure facility or fails to maintain, audit, or furnish audited accounts.

Industrial Park Approval granted subject to allocation, infrastructure and compliance conditions, with government withdrawal on noncompliance.
Approval is notified for M/s International Tech Park Limited as an industrial park under clause (iii) of sub section (4) of section 80 IA, subject to conditions: at least 66% of allocable area must be for industrial use and commercial use may not exceed 10%; allocable area excludes common facilities or built up common space; no single unit may occupy more than 50% of industrial allocable area; prescribed minimum infrastructure expenditure thresholds apply; defined common facilities must be provided on commercial terms; statutory approvals for foreign and non resident investment are required; the operator must continue to run the park and the Government may withdraw approval for non compliance.

Specified debentures under section 80L: Flexibonds-7 series bonds are recognized for the section's specification mechanism.
The Central Board of Direct Taxes, under clause (ii) of sub-section (1) of section 80L of the Income-tax Act, 1961, specifies three types of debentures issued in the Flexibonds-7 public issue-Regular Income Bond, Growing Interest Bond and Retirement Bond-issued by the Industrial Development Bank of India, Mumbai, within the declared issuance period, bearing stated distinctive numbers and a face value of five thousand rupees each, for the purposes of the said clause.

Charitable institution tax notification grants exemption subject to income application, permitted investments, accounting and filing obligations.
Notification under section 10(23C)(v) designates the Sri Sri Jagatguru Shankaracharya Mahasanathanam Dakshinamnaya Sri Sharda Pith, Sringeri as eligible for exemption for specified assessment years subject to conditions: income must be applied or accumulated solely for the institution's objects; investments and deposits (except certain tangible voluntary contributions) must conform to forms permitted by section 11(5); business income is excluded unless incidental and maintained in separate books; and the institution must regularly file income tax returns in accordance with the Act.

Tax exemption recognition under section 10(23C)(v) granted to trust subject to application, investment, business and filing conditions.
Notification grants tax-exemption recognition to the Shri Arasuri Ambaji Mataji Devasthan Trust, Ambaji for specified assessment years subject to conditions: income must be applied or accumulated exclusively for the trust's objects; investments or deposits are restricted to forms permitted by the Income-tax Act (excluding voluntary contributions held as jewellery, furniture, etc.); business income is excluded unless incidental and separately accounted; and the trust must file income-tax returns regularly.

Notification under section 10(23C)(iv) recognises a foundation's tax-exempt status subject to compliance and regular returns.
Notification recognises the Deepak Gupta Memorial Foundation as eligible for tax exemption under clause (23C)(iv) of section 10 of the Income-tax Act, 1961, subject to the Foundation's compliance with the conditions of that sub-clause and the Income-tax Rules, 1962; the Foundation must regularly file its income-tax returns in accordance with the Act.

Tax exemption recognition under section 10(23C)(iv): institution status granted subject to application, investment, business and filing conditions.
Notification under section 10(23C)(iv) recognises the Maharana Pratap Smarak Samiti, Udaipur, for specified assessment years, subject to conditions: apply or accumulate income wholly and exclusively for its objects; restrict investments and deposits to modes specified in section 11(5) (excluding certain voluntary contributions in kind); exclude profits and gains of business unless incidental and maintained in separate books; and regularly file income-tax returns in accordance with the Income-tax Act, 1961.

Tax exemption notification confirms eligibility subject to exclusive charitable application, restricted investments, incidental-business limits, and return filing.
Notification grants tax-exempt status to the Institute of Economic Journalism, New Delhi under sub-clause (iv) of clause (23C) of section 10 for specified assessment years, subject to conditions: exclusive application or accumulation of income for stated objects; investment and deposit restrictions to prescribed forms except for certain tangible voluntary contributions; exclusion of business profits unless business is incidental and separately accounted; and regular filing of income-tax returns in accordance with the Act.

Tax exemption notification under section 10(23C)(iv) recognizes an entity subject to compliance with prescribed conditions.
Notification recognizes the International Commission on Irrigation and Drainage, New Delhi under section 10(23C)(iv) for assessment years 1999-2000 to 2001-2002, subject to conditions: apply or accumulate income exclusively to its objects; restrict investments to statutory permitted modes (except certain voluntary contributions); exclude business profits unless incidental and separately accounted; and regularly file income-tax returns as required by law.

Charitable exemption under section 10(23C)(iv) granted to Centre for Public Sector Studies, subject to compliance conditions.
Notifies the Centre for Public Sector Studies, New Delhi, as eligible for charitable exemption under section 10(23C)(iv) for assessment years 1996-97 to 1998-99, subject to conditions that income be applied or accumulated solely for its objects; investments be made only in permitted modes; business income be excluded unless incidental and accounted separately; and regular filing of income-tax returns.

Delegation of authority: amendment requires delegated officers to be not below Assistant Commissioner rank, restricting lower rank authorisations.
Amendment requires that any subordinate officer authorised under rule 220B(2) be not below the rank of an Assistant Commissioner of Central Excise, thereby imposing a minimum rank threshold for delegation by the Commissioner; the change is made under the Central Excise Act, 1944 and takes effect on publication in the Official Gazette.

Delegation of authority now requires officers not below Assistant Commissioner rank, tightening customs settlement authorisations.
Rule 5(2) of the Customs (Settlement of Cases) Rules, 1999 is amended to insert that when the Commissioner may "authorise any officer subordinate to him" the authorised officer must be not below the rank of an Assistant Commissioner of Customs or an Assistant Commissioner of Central Excise, as the case may be. The amendment takes effect on publication in the Official Gazette under the enabling provisions of the Customs Act.

Import classification updated: chloroform on open general licence while methyl chloroform placed on restricted import list.
The Foreign Trade Policy amendment classifies Chloroform (Exim code 29031300) as Free on the Open General Licence, permitting import without a specific licence, while 1,1,1 trichloroethane (methyl chloroform) (Exim code 29031301) is designated as Restricted, making its import subject to licence conditions; an associated Exim code entry is deleted.

Appellate authority designation: senior ministry official empowered to hear appeals from Export Processing Zone adjudications under the Foreign Trade Act.
Central Government authorises an Appellate Authority under section 15(1)(b) of the Foreign Trade Act to hear appeals against orders of Adjudicating Authorities under section 13. The notification inserts a new table entry: for appeals from the Development Commissioner, Export Processing Zone, the Appellate Authority is the Additional Secretary, Ministry of Commerce, aided by two Joint Secretaries and a Director.

Tax exemption for notified charitable institution granted subject to exclusive application of income and specified investment and compliance conditions.
A notification under section 10(23C)(v) grants tax-exempt status to the Sri Nanak Jhira Saheb Foundation for specified assessment years subject to conditions: apply income wholly and exclusively to its objects or accumulate for that purpose; restrict investments to forms permitted under section 11(5) (except certain voluntary contributions in kind); exclude business income unless incidental and kept in separate books; and regularly file income tax returns in accordance with the Income tax Act.

Tax exemption for charitable trust requires exclusive application of income and compliance with investment, business, and filing conditions.
Notification designates the ECLOF-India Public Charitable Trust as eligible under clause (v) of clause (23C) of section 10 for the stated assessment years, subject to conditions: exclusive application or accumulation of income to trust objects; investment and deposit restrictions to permitted forms (excluding certain voluntary contributions held as jewellery, furniture, etc.); inapplicability to business income unless incidental and separately accounted; and regular filing of income-tax returns in accordance with the Act.

Notification under section 10(23C)(v) grants charitable recognition subject to application, investment, business and filing conditions.
Notification under section 10(23C)(v) notifies Sri Nanak Jhira Saheb Foundation, Bidar, Karnataka as eligible for the sub-clause for assessment years 1993-94 to 1995-96, subject to conditions: apply or accumulate income wholly for objects; restrict investments to forms permitted by section 11(5) (except certain voluntary contributions in jewellery, furniture etc.); exclude business income unless incidental and maintained in separate books; and regularly file income-tax returns as required by the Act.

Charitable exemption under section 10(23C)(v) granted subject to investment, accounting and return-filing conditions for specified years.
Notification grants Section 10(23C)(v) tax-exempt status to the ECLOF-India Public Charitable Trust for specified assessment years provided the trust applies or accumulates income exclusively for its objects, invests funds only in forms permitted by law, treats business income as qualifying only if incidental with separate books, and files income-tax returns regularly in accordance with the Income-tax Act.

Tax exemption for charitable institution conditioned on exclusive application of income and compliant investments.
Notification grants tax exemption under section 10(23C)(iv) to the Indian National Trust for Art and Cultural Heritage, New Delhi, for assessment years 1996-97 to 1998-99 subject to conditions: (i) income must be applied or accumulated wholly and exclusively for the trust's objects; (ii) investments/deposits are restricted to permitted modes except certain voluntary contributions held as jewellery, furniture, etc.; (iii) business income is excluded unless incidental and maintained in separate books; and (iv) regular filing of income-tax returns is required.