Approval for research donation deduction permits institution-level donor deductions subject to accounting and auditor certification requirements.
Approval under section 35(1)(iii) is granted to Consumer Education & Research Centre, Ahmedabad for 1 April 2000 to 31 March 2002 as an Institution, subject to maintaining separate accounts for research activities, submitting audited Income and Expenditure accounts for each approved year to the Commissioner/Director by the return due date or within 90 days of notification, and providing an auditor's certificate specifying amounts received for deductible social science/statistical research and certifying that expenditures were for social science research.

Institutional income exemption: income received on behalf of a notified religious institution excluded from recipients' taxable income subject to conditions.
Any income received by any person on behalf of Sri Kashi Math Samsthan, Mumbai is excluded from the recipient's total income for assessment years 2002-2003 to 2004-2005, subject to conditions requiring exclusive application or limited accumulation of income, permitted modes of investment, exclusion of business income unless incidental with separate accounts, regular filing of returns, and transfer of surplus assets on dissolution to a like-minded organisation.

Deduction under section 35AC: specified institutions' projects approved as eligible, with capped deductible project costs and time limits.
Notification approving specified institutions and their listed projects as eligible for deduction under section 35AC of the Income-tax Act, 1961, by identifying each institution, describing eligible projects or schemes, stating estimated project costs and the maximum portion of those costs allowable as deductions, and specifying the time-limited financial years during which those deductions may be claimed, including notation of corpus funds where applicable.

Approval under Section 35(1)(ii) requires separate research accounts and audited certificates for donor-eligible deductions.
Himalayan Institute Hospital Trust has been approved for the purpose of Section 35(1)(ii) read with Rule 6 as an institution partly engaged in research for 1 4 2004 to 31 3 2007, subject to maintaining separate research accounts, submitting audited Income and Expenditure accounts for each approved year to the Commissioner/Director (Exemptions) by the due filing date or within 90 days of the notification, and furnishing an auditor's certificate specifying donor eligible research receipts and certifying that the expenditure was for scientific research.

Research donation deduction approval requires separate research accounts, audited filings, and auditor certification for donor eligibility.
The Foundation for Research in Community Health is approved as an institution eligible for research-related donation deduction, subject to maintaining separate research accounts, submitting audited Income and Expenditure accounts for each approved year to the tax exemption authority by the return filing due date or within a short period from notification, and furnishing an auditor's certificate specifying amounts received for social science research eligible for donor deduction and certifying that expenditure was for social science research.

Approval under Section 35(1)(iii): institutional research funding eligible for donor deduction with accounting and auditor certificate requirements.
Approval is granted to the organization as an institution partly engaged in research under clause (iii) of sub section (1) of section 35 for a specified period, subject to maintaining separate accounts for research, filing the audited Income and Expenditure account for research with the tax exemption authority by the return filing due date, and enclosing an auditor's certificate specifying amounts received eligible for donor deduction and certifying that expenditure was for social science or statistical research.

Provisional anti-dumping duty imposed on cellophane transparent film, targeting imports of specified origin with temporary effectiveness.
Provisional anti-dumping duty is imposed on all grades of Cellophane Transparent Film under Heading 3920, upon findings that imports originating in or exported from the People's Republic of China were dumped and caused material injury to domestic industry. The notification prescribes duty entries covering direct imports from the subject country and imports exported from the subject country via other countries, specifies the duty per unit, unit of measurement and currency denomination, makes the duty temporary until the specified date, and requires payment in Indian currency with exchange conversion determined by Finance Ministry notification using bill of entry presentation date.

Effective date amendment delays annexure exemption entry's commencement to August, changing its previously stated April start.
Amendment to notification No. 8/2006-Central Excise substitutes the parenthetical clause for entry (xl) in the ANNEXURE, changing the effective date from the 1st day of April, 2006 to the 1st day of August, 2006.

Provisional anti-dumping duty on nylon filament yarn imposed, covering specified foreign exporters and payable in Indian currency.
Provisional anti-dumping duties are imposed on imports of nylon filament yarn from specified countries and listed producers/exporters; duties are set as the difference between prescribed US dollar-per-kilogram amounts and the landed value of imports, with country- and exporter-specific rates detailed in the notification, effective until 28 September 2006 and payable in Indian currency, using the notified rate of exchange and with "landed value" defined by the Customs Act.

Supersession of Governing Board extended to allow completion of corporatisation, demutualisation and corrective regulatory measures under oversight.
SEBI extended the supersession of the Governing Board of the Uttar Pradesh Stock Exchange for six months to allow completion of elections, corporatisation and demutualisation and to implement corrective measures identified in inspection reports-including surveillance and risk-management weaknesses-while the Administrator continues to exercise all powers of the Governing Board and may engage assistance as required.

Extension of supersession preserves Administrator authority to complete demutualisation, corporatisation and committee formation processes.
The supersession of the Committee of The Calcutta Stock Exchange Association Limited is extended to allow completion of corrective measures, corporatisation and demutualisation steps already initiated by the Administrator; the Administrator shall continue to exercise and perform all powers and duties of the Committee and may take assistance as necessary to complete the election of a new Committee and the appointment of a Chief Executive Officer.

Extension of supersession continues administrator to complete elections, corporatisation and demutualisation processes.
The supersession of the Council of Management of Bhubaneswar Stock Exchange Limited is extended for six months to September 30, 2006, effective April 1, 2006; Shri Jai Prakash Verma, IPS (Retd.) shall continue as Administrator exercising and performing all powers and duties of the Council and may take assistance of persons he deems necessary, the extension being effected under statutory powers vested in the regulatory authority and the cited Central Government notification.

Income exemption for institution receipts under section 10(23C)(iv) applies subject to conditions on application, investment and dissolution.
Exemption excludes from taxable total income any amounts received by persons on behalf of the Bureau of Indian Standards for the assessment years 2004-2005 to 2006-2007, subject to conditions: income must be applied or accumulated for institutional objects with limited accumulation, investments limited to specified modes, business income taxable only if not incidental and separately accounted, regular filing of returns, and transfer of surplus and assets on dissolution to a like organisation; the notification applies only to recipients of income on behalf of the Institution and not to other receipts of such recipients.

Charitable-receipts exemption: income received on behalf of a welfare fund exempt subject to prescribed conditions.
Receipts received by any person on behalf of Railway Ministers Welfare & Relief Fund, New Delhi are not to be included in that person's total income under clause (23C)(iv) of section 10 for the specified assessment years, provided the Fund applies or limits accumulation of income to its objects, restricts investments to forms allowed by section 11(5), treats business income as incidental only if separately maintained, files returns regularly, and directs surplus assets on dissolution to a like-minded organisation.

Exchange rate determination for exported goods updates conversion rates and supersedes prior notification for customs conversion.
Determination of rate of exchange of conversion for exported goods effective from 1 April 2006, superseding the prior notification; Schedule I specifies rupee equivalents per unit for listed foreign currencies and Schedule II specifies the rupee equivalent per one hundred units for the Japanese Yen, to be used for customs conversion of export goods.

Exchange rate determination: notified conversion rates for specified foreign currencies for import valuation, superseding prior notification.
The Board, exercising powers under section 14(3)(a)(i) of the Customs Act, prescribes specific conversion rates for listed foreign currencies into Indian rupees (and vice versa) for import valuation and related customs calculations, superseding the earlier notification; rates are provided in two schedules, with major currencies quoted per unit in Schedule I and the specified currency in Schedule II quoted per one hundred units, effective from the stated commencement date.

Export relaxation for Red Sanders logs permits specified graded logs to be exported temporarily under amended ITC(HS) conditions.
The Central Government amended the ITC(HS) classifications to relax a specific export condition for a one-month period, permitting the export of 885.14 MT of A, B, C and D grades of Red Sanders wood in log form, provided the logs were obtained through auction by the Government of Andhra Pradesh; the change is effected under the authority of the Foreign Trade (Development & Regulation) Act and stated to be in the public interest.

Tax deduction approval requires separate research accounts and audited certification of eligible donations and research expenditure.
Approval of B.V. Patel Pharmaceutical Education & Research Development Centre as an institution for deductions under clause (ii) of sub section (1) of section 35 is subject to maintenance of separate accounts for research, annual submission of audited Income & Expenditure accounts for approved research to the Commissioner/Director by the due date of return filing or within ninety days of the notification, and provision of an auditor's certificate specifying amounts received for eligible research donations and certifying that expenditures were for scientific research.

Tax deduction for scientific research contributions-approval conditioned on separate accounts, audited statements and auditor certification.
Approval under Section 35(1)(ii) is granted subject to maintaining separate accounts for research activities; submitting, for each approved year, an audited Income & Expenditure account by the return filing due date or within the prescribed period from notification; and enclosing an auditor's certificate specifying amounts received eligible for donor deduction and certifying that expenditure was for scientific research.

Exemption under section 10(23C)(iv): income received on behalf of the association excluded from recipient's taxable income subject to conditions.
Income received by any person on behalf of Indian Association of Parliamentarians on Population and Development, New Delhi is not includible in that person's total income for the specified assessment years under section 10(23C)(iv), provided the institution applies or properly accumulates income for its objects (with limited accumulation over fifteen per cent and a maximum five-year excess period), confines investments to authorised forms, limits business income to incidental activities with separate accounts, files returns regularly, and transfers surplus assets on dissolution to a like-minded organisation.