Tax exemption under Section 10(23C)(v) granted subject to income application, investment limits, and compliance obligations.
Notification under Section 10(23C)(v) notifies Tirumala Tirupati Devasthanams for the assessment years 2005-2006 to 2007-2008 subject to conditions: apply income wholly to objects or accumulate in permitted forms; restrict investments to modes specified in Section 11(5) (except specified voluntary contributions); business income excluded unless incidental and separately accounted; regular filing of returns required; on dissolution surplus and assets to be given to a charitable organisation with similar objectives.

Tariff value revision establishes updated import valuation for specified edible oils and brass scrap under Customs Act authority.
Substitutes the principal customs tariff value table under the Customs Act authority, fixing per metric tonne tariff values for specified chapter/sub heading entries including various palm oil and palmolein grades, while noting no change for Crude Soyabean Oil and Brass Scrap; the amendment replaces the earlier table in the principal notification.

Import duty increase on specified edible and refined vegetable oils via amendment to customs notification altering tariff entries.
The Central Government, under sub-section (1) of section 25 of the Customs Act, 1962, amends Notification No.21/2002-Customs by substituting revised tariff descriptions for certain serial entries to specify edible oils (including oils under heading 1511) and refined vegetable oils of edible grade, and by substituting new rate entries for specified serial items in the Table of the principal notification.

Notification corrigendum: editorial renumbering corrects clause references within a prior tax notification to align internal cross-references.
Corrigendum effects editorial amendments to a prior tax notification by substituting specified numbered references with updated numbers at designated pages and line locations in the Gazette publication, listing each replacement by page, line and sub-item to correct internal cross-references.

Anti-dumping duty on narrow woven fabrics imposed, provisional rates applied to imports from specified countries until final determination.
Provisional anti-dumping duty is imposed on narrow woven fabrics under Chapter 58 originating in or exported from China PR and Chinese Taipei; the duty equals the difference between the specified reference price in US dollars per kilogram and the landed value of the imported goods, payable in Indian currency. The notification prescribes reference prices by country, defines "landed value" as assessable value under the Customs Act excluding specified customs duties, and sets the applicable rate of exchange as per Ministry of Finance notifications with the bill of entry date as the relevant date for determination.

Service tax registration extension allows liable persons for specified taxable services to apply for registration by prescribed deadline.
The amendment to rule 4(1) of the Service Tax Rules, 1994 adds a proviso allowing a person liable for service tax in respect of the taxable services specified in sub-clause (zzp) of clause (105) of section 65 to make an application for registration within a prescribed final period, thereby providing a limited window for registration for those liable for the specified services.

Approval under section 10(23G) grants tax-favoured status to a sewage treatment plant operator, subject to audit and compliance.
Approval under section 10(23G) read with rule 2E grants tax-favoured status to M/s First STP Pvt. Ltd. for construction, operation and maintenance of a sewage treatment plant for Alandur Municipality, effective for the lease period specified in the underlying agreements; the approval is conditional on compliance with section 10(23G) and rule 2E and on maintaining audited books and furnishing the audit report, and may be withdrawn if the eligible business ceases or audit and reporting requirements are not met.

Chairman designation under Section 35CCA: specified income-tax authorities empowered to head State/UT committees under CBDT notification.
The Central Board of Direct Taxes, by Notification No. 51/2005 dated 11-2-2005 and in exercise of its statutory powers read with the relevant rules, empowers the Income-tax authorities specified in the Schedule to act as Chairmen of the Committee for the purposes of the provision concerning research-related approvals, assigning each named Chief Commissioner to a particular State or Union Territory.

Specified debentures designation grants tax-preferred treatment to listed IDBI Omnibond bonds under income tax provisions.
Notification designates certain Industrial Development Bank of India Omnibond (2003A) debentures-the Floating Rate Bond, Retirement Bond and Regular Income Bond-as specified debentures for purposes of the income tax deduction provision, identifying each issue series, options and a uniform face value, and confirming the issuer's corporate status to clarify which bonds qualify for the prescribed tax treatment.

Specified debentures under Section 80L identify particular tax-saving bond series and number ranges as qualifying instruments.
Specification under Section 80L(1)(ii) designates the Industrial Development Bank of India Infrastructure (Tax Saving) Bond (2003 B) omnibus public issue as specified debentures by enumerating option categories and precise blocks of distinctive numbers, each bond having a face value of one thousand rupees, for the purposes of that clause.

Specified debentures under section 80L confer eligibility for tax treatment for designated IDBI bond issues.
Central Government specifies two categories of IDBI bonds-the Regular Income Bond and the Floating Rate Bond issued in the Flexi Bonds 2 A Series-as specified debentures under clause (ii) of subsection (1) of Section 80L of the Income-tax Act, identifying them by series, distinctive numbers and face value for the purposes of that clause.

Import policy condition extension: specified import-condition remains in force for a further limited period or until modified.
The notification authorises that the condition at Sl. No. 16 of Chapter I A (General Notes to Import Policy) in the ITC(HS) Classifications 2004-2009 shall remain in force for a further period of six months from publication or until modified or withdrawn, whichever is earlier, effected under the powers conferred by the Foreign Trade statutory framework and the Foreign Trade Policy, 2004-2009.

Amendment to foreign trade policy revises permitted quantities for stone aggregate and river sand under FTP notification.
The Central Government, invoking powers under the Foreign Trade (Development & Regulation) Act and the Foreign Trade Policy 2004-2009, amends Notification No.20/(2004-2009) dated 28.01.2005 to revise the allocated quantities for Stone Aggregate and River Sand; the amendment is issued in the public interest and signed by the Director General of Foreign Trade.

Tax exemption for charitable association recognised, subject to application of funds, permitted investments, separate business accounts and dissolution rules.
Notification recognises the Sri Sri Thakur Ramchandra Dev Association (Regd.), New Delhi under clause (23C)(v) of section 10 of the Income-tax Act for assessment years 2002-03 to 2004-05, subject to conditions: apply or accumulate income wholly and exclusively to its objects; restrict investments to forms permitted by section 11(5) except certain tangible voluntary contributions; business income excluded unless incidental and separately accounted; regular filing of returns; and transfer of surplus on dissolution to a similar charitable organisation.

Tax exemption notification for charitable institution requires exclusive application of income and restricted permissible investments.
Notification designates the Catholic Bishops' Conference of India as a notified charitable institution for specified assessment years, subject to conditions: income must be applied wholly and exclusively to its objects; investments and deposits must conform to permitted modes for charitable funds; business profits are excluded unless incidental and kept in separate books; regular filing of income-tax returns is required; and on dissolution surplus assets must transfer to a charitable organisation with similar objectives.

Death in operational duties: defines qualifying circumstances and certification requirement for exemption under clause (19) of section 10.
The amendment inserts Rule 2BBA specifying qualifying operational circumstances for deaths of armed forces and paramilitary members-such as terrorist attacks, action against extremists, enemy action in international war, peacekeeping deployment, border skirmishes, mine-laying or clearance, explosions, aid to civil power during natural calamities, and quelling agitations-and requires certification by the Head of Department or service headquarters that the death occurred in the course of operational duties for exemption purposes under the Income-tax Act.

Approval under s.35(1)(ii) for institutions requires separate research accounts and specified annual filings and audits.
Approval is granted to M/s Foundation for Revitalisation of Local Health Traditions, Bangalore as an Institution for purposes of s.35(1)(ii) of the Income-tax Act, 1961 for 1.4.2003-31.3.2006, subject to maintaining separate accounts for research and non-research (except Associations), filing an annual return of scientific research activities with the Secretary, DSIR by 31 May, and submitting audited annual accounts and an audited Income & Expenditure Account for exempted research activities to DGIT(Exemption), the Secretary DSIR, and the local Commissioner/Director of Income Tax (Exemptions) by 31 October, while filing its return of income with the designated assessing officer.

Deduction eligibility under sections 80-IA/80-IB/80-IC clarified: revised Form 10CCB imposes detailed compliance and documentation requirements.
The amendment substitutes Form No. 10CCB under rule 18BBB, expanding eligible references and adding hospitals in rural areas. The new Form 10CCB prescribes detailed information and documentary attachments for claiming industrial deductions: assessee and enterprise particulars, category of eligible business, commencement and assessment year, registrations and approvals, transfer or prior claim details, particulars of substantial expansion or renovation, financials including sales and profits, related party transactions, and supporting balance sheet and profit and loss accounts. An auditor's declaration by a qualified accountant certifying compliance and conditions is required.

Carotenoid specifications in palm oil imports impose new exemption eligibility and import conditions under customs tariff notification.
Amendment substitutes S.No.34 to prescribe three categories-crude palm oil, crude palmolein, and fractions of crude palm oil-each specified by edible grade, minimum acid value and total carotenoid ranges, intended for import in loose or bulk form for manufacture into refined oil, refined palmolein, vanaspati, bakery shortening or inter-esterified fats, and includes an explanatory definition of "Crude palm oil" limiting eligible oils to those obtained by pressure or unaltered extraction with only mechanical clarification and excluding absorption filtering, fractionalization or other physical or chemical processes.

Section 35AC exemption: eligibility extended for Karuna Trust's Gujarat eye, polio and ambulance services for a further period.
The Central Government specified the Karuna Trust project-eye operations, polio camps, oxygen cylinder service and ambulance service across Gujarat-as an eligible project under Section 35AC and, following a recommendation by the National Committee, extended that specification for a further three year period commencing with the financial year 2004 2005 without change in the approved cost.