Tax deduction eligibility under section 35AC extended for specified hospice project, with amended project cost and term.
Central Government specifies the Bangalore Hospice Trust's 50 bed hospice project for tax-deduction eligibility under the Explanation to section 35AC for a further three year period beginning with assessment year 2003 2004, pursuant to the National Committee's recommendation that the project is properly executed and likely to extend beyond six years; the notification also amends the earlier specification by substituting the previously stated maximum project cost with a higher figure, thereby revising the allowable ceiling for deduction under section 35AC.

Section 35AC specification extends eligibility for a rehabilitation project for the blind, renewing tax exemption.
The Central Government specified the Rehabilitation Project for the blind in Mehsana District, Gujarat, run by the National Association for Blind (Mehsana Distt. Branch), as an eligible project under the Explanation to section 35AC, following the National Committee's recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962, and extended that specification for a further period of three years commencing from the assessment year 2001-2002, recording the estimated project cost of rupees forty five lakhs ninety one thousand only.

Specified project eligibility extended for mobile eye-care unit, preserving tax-deduction status for qualifying contributions under income-tax law.
Central Government specifies the Mobile Unit (Medical Camps - Eye Care) run by Susrut Eye Foundation and Research Centre in rural West Bengal as an eligible project under the Explanation to section 35AC, extending its designation for a further three years commencing assessment year 2002-2003; the extension follows a National Committee recommendation under the applicable rule after satisfaction that the project is being executed properly and formalises the administrative mechanism for renewal of eligibility.

Specification under section 35AC: eligible charitable construction project granted further two-year specification for tax incentive purposes.
The Central Government, exercising powers under the Explanation to section 35AC, has specified the construction of an Administrative Building, Training-cum-Production Centre and Women Hostel at M.R. Palli by Rayalaseema Seva Samithi as an eligible project or scheme for a further period of two years, following the National Committee's recommendation that the project is being executed properly and is likely to extend beyond five years.

Tax exemption eligibility extended for a charitable vocational project, granting specified benefit for an additional three-year period.
The Central Government, under the Explanation to section 35AC, has specified Shri Siddhakshetra Shravikashram's project-covering construction, equipment purchase, furnishing and operation of a multi-purpose vocational training centre with residential quarters, business courses, library and dispensary in Palitana, Bhavnagar District-as an eligible project. Following a National Committee recommendation that the project is being properly executed and will extend beyond its initial term, the project is specified for a further three-year period commencing with the assessment year 2002-2003, with stated estimated project cost and corpus fund amounts.

Section 35AC eligible project designation extended, enabling tax-exempt contributions for Cancer Detection Unit and awareness camps.
Central Government specified the renovation, equipping and furnishing of a Cancer Detection Unit in Mumbai and associated cancer awareness, education and detection camps by Cancer Patients Aid Association as an eligible project or scheme under the Explanation to section 35AC, and, on the National Committee's recommendation, extended that specification for a further three years commencing with assessment year 2003-2004.

Specification under section 35AC: hospital expansion approved and project cost ceiling increased to maintain tax-deduction eligibility.
The Central Government, under the Explanation to section 35AC, specifies the Expansion of Hindu Mission Hospital by adding a Geriatric Division and an Ophthalmic Block as an eligible project; the National Committee recommended continuation as the project extends beyond ten years, and the government amends the earlier notification to increase the maximum amount of project cost allowable as dedication under section 35AC for serial number 10 in the notification table.

Project specification under Explanation to section 35AC extended, preserving tax-benefit eligibility for construction and operation of a special school.
The Central Government specified the construction of a Special School, hostel and staff quarters, plus equipment, furnishing and running of the Dakshinya Institute for the Mentally Handicapped at Padapalakaluru Village by Sri Dakshinaya Bhava Samithi as an eligible project under the Explanation to section 35AC; following a National Committee recommendation, the specification is extended for a further three years commencing assessment year 2003-2004, identifying the executing entity, project components and estimated cost.

Eligibility under section 35AC extended for Manovikas Kendra's Rehabilitation Centre for one further assessment year.
The Central Government, under the Explanation to the Income tax Act, specified the Rehabilitation Centre for handicapped run by Manovikas Kendra, Calcutta, as an eligible project for a further one year commencing with assessment year 2002-2003, after the National Committee, satisfied with proper execution, recommended the one year extension; the project was specified at an estimated cost of four crores.

Specification under section 35AC extends eligibility for Arogyadham project, enabling tax-deductible contributions and qualifying project costs.
The Central Government specifies the Arogyadham Global Aids Research Foundation project-covering construction, equipment and vehicle purchase, furnishing, botanical garden development and running costs in Muzaffarnagar-as an eligible project under the Explanation to section 35AC for a further three years beginning with the assessment year 2003-2004, following the National Committee's recommendation that the project is being properly executed and noting the estimated project cost.

Deduction under section 35AC: specified institutions and projects approved for allowable tax deductions for eligible project costs.
Approval under section 35AC lists four specified institutions with identified eligible projects or schemes, each accompanied by an estimated project cost and the maximum amount of that cost permitted as a deduction under section 35AC. The notification limits the duration of the approvals by reference to particular assessment years, distinguishing one project's two-year scope from the three-year scope applicable to the other three projects.

Deduction under section 35AC approved for notified tribal development project permitting capital expenditure deduction under notification
Approval under section 35AC is granted to Manipur Shifting Cultivators' Development Association for specified rural and tribal welfare capital projects-construction of houses, community and school buildings, hostels, an indoor stadium, animal sheds, purchase of furniture and running of rural welfare schemes-and the notification specifies the estimated project cost and the maximum amount of such cost that may be allowed as a deduction; the notification also prescribes the period during which the project remains notified for deduction purposes.

Tax deduction approvals: Government lists institutions and caps deductible project costs for specified assessment years.
Executive approval designates listed institutions and their eligible projects, specifying estimated project costs and the maximum amounts allowable as deductions, with each approval tied to a defined limited set of assessment years and subject to substitution of specified cost figures by subsequent notification.

Approval under section 10(23G) grants ISP tax-exempt status subject to compliance, audit and reporting conditions.
Approval is granted to M/s BSES Telecom Limited, ISP Division, for tax exemption as an infrastructure provider covering internet services, data centre facilities and an international satellite gateway under the licence agreement; the approval is conditional on conformity with the exemption provisions and the procedural rule, including maintaining books of account, having accounts audited by a qualified accountant and furnishing the required audit report, and may be withdrawn if the undertaking ceases the infrastructure activity or fails the audit and reporting requirements.

Research institution approval requires separate research accounts, annual DSIR return, audited research accounts and renewal applications.
Approval is granted to Vasantdada Sugar Institute as an Institution for tax relief relating to scientific research, subject to maintaining separate research books and compliance with reporting and audit obligations. The institution must file an Annual Return of scientific research activities with the Department of Scientific & Industrial Research by the annual deadline, and submit audited annual accounts and audited income and expenditure accounts for research to specified tax and research authorities by the annual deadline, in addition to its income tax return. Renewal applications must be made in triplicate through the tax authority and copies sent to the research department.

Import valuation rule for toll processed zinc metal: dutyable value equals toll processing costs plus insurance and freight.
Insertion of tariff entry 212B for zinc metal recovered by toll smelting or toll processing from zinc concentrates exported from India, and insertion of Condition 28B. Condition 28B requires imports within one year of the export and sufficient evidence that the metal was obtained from toll smelting/processing; it prescribes that duty be levied as if the value equals the aggregate of toll smelting/processing costs (labour, materials excluding exported goods, other processing charges) plus insurance and freight, both ways.

Rescission of customs tariff notification under anti-dumping rules withdraws prior exemption while preserving past actions.
The Central Government rescinds Notification No. 132/2001-Customs by issuing Notification No. 135/2002-Customs under powers conferred by the Customs Tariff Act and the Customs Tariff anti-dumping Rules, 1995, and specifies a savings provision preserving actions done or omitted before the rescission.

Anti-dumping duty on cold rolled stainless steel imposed, calculated as difference to landed value and payable locally.
Definitive anti-dumping duty is imposed on Cold Rolled Flat Products of stainless steel (width 600 mm or more) from the European Union, Japan, Canada and the United States, following findings of dumping, injury and causation. Duties are specified as exporter- and group/series-specific amounts in US$ per metric tonne and are to be calculated as the difference between the Schedule amount and the landed value of imports; "landed value" is the assessable value under the Customs Act excluding certain duties. The duty is levied with retrospective effect from the provisional duty date and is payable in Indian currency.

Jurisdictional allocation for Commissioner of Customs (Appeals) amended; entries omitted and Jamnagar substituted in the notification table.
The Central Board of Excise & Customs amends the annexed Table of an earlier notification by omitting specified serial entries and substituting a later serial entry to designate the Commissioner of Customs (Appeals), Jamnagar and the Commissioner of Customs (Preventive), Jamnagar as the offices reflected in the substituted entry.

Jurisdiction amendment: Chief Commissioners of Customs Mumbai I and II allocated specific commissioner jurisdictions for import, export and freight stations.
Amendment replaces Sl. Nos. 25 and 26 of Notification No. 14/2002-Customs (N.T.) to designate Chief Commissioner of Customs, Mumbai - I with Commissioners for General and Container Freight Station Mulund, Mumbai and Mumbai (Export) and (Import), and to designate Chief Commissioner of Customs, Mumbai - II with Commissioners for (Import) Nhava Sheva, (Export) Nhava Sheva and Aircargo (Import) and (Export) Mumbai.