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Notifications
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This notification amends Notification No. 61/94-Customs(NT), dated the 21st November, 1994
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Customs amendment adds hatching eggs to the notified goods table, modifying the entry for a specified local port.
The Central Government amends Notification No. 61/94-Customs(NT) under clause (a) of section 7 of the Customs Act, 1962 by inserting an additional entry, "(9) Hatching eggs," in column (4) after entry (8) against the Pune entry in the Table for the State of Maharashtra, thereby expanding the specified goods listed in that localised notification entry.
This notification amends Notification No 62/94-Customs(NT), dated the 21st November, 1994
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Export loading permission updated: specified goods authorised for export loading at Revdanda under amended customs notification.
The Central Government, exercising powers under the Customs Act, substitutes the item (b) entry for Revdanda in the principal customs notification to authorise loading for export of specified goods at that location, namely sponge iron and rejects of iron ore chips.
This notification amends 34/97-Cus., dated 7-4-97 relating to exemption to imports made under duty entitlement passbook
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Duty Entitlement Pass Book validity now allows administrative extensions by the licensing authority under amended customs notification.
The notification substitutes condition (iv) of Notification No. 34/97-Customs so that the Duty Entitlement Pass Book "shall be valid for twelve months from the date of issue or such extended period as may be granted by the Licensing authority," providing for administrative extension of pass book validity.
Renewal of the recognition Jaipur Stock Exchange Limited
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Recognition renewal under Securities Contracts Regulation: Jaipur Stock Exchange granted renewed recognition, subject to prescribed conditions.
SEBI grants renewal of recognition to Jaipur Stock Exchange Limited for contracts in securities under the Securities Contracts (Regulation) Act, following an application for renewal and being satisfied that renewal is in the interest of trade and the public; the renewal is for a three year period and is subject to any conditions SEBI may prescribe or impose.
Exemption u/s 35AC - Central Government had specified for detection, prevention research and education; diagnosis, curing and operation to heart patients; maintaining of Atithi Griha; at Mumbai in Maharashtra, by Mahavir Heart Research Foundation, Mumbai, as an eligible project or scheme
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Exemption under section 35AC extended for Mahavir Heart Research Foundation's heart-care project, preserving tax-eligible status.
The Central Government specifies that Mahavir Heart Research Foundation's Mumbai project-detection, prevention, research and education in heart disease; diagnosis, curing and operative treatment of heart patients; and maintenance of an Atithi Griha-is an eligible project under section 35AC and is extended for a further three years from assessment year 2000-2001 following the National Committee's recommendation that the project is properly executed and likely to continue.
Amendment in Notification No. S.O. 698(E) dated the 3rd October, 1997
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Tax deduction under section 35AC raised for a specified charitable project, increasing the maximum allowable project cost ceiling.
Amendment invokes the Central Government's power under section 35AC to revise the sanctioned deductible cost for Mamta Lachmi Rotary Charitable Society, substituting the earlier specified split of project cost and corpus with a consolidated higher ceiling that expressly includes the corpus component for deduction under the Income tax Act.
Exemption u/s 35AC - Central Government had specified at serial number 12 Construction furnishing and equipments of Primary Health Centre at Kufri, Himachal Pradesh by PHD Rural Development Foundation, New Delhi, as an eligible project or scheme
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Section 35AC exemption extended for a specified primary health centre project, preserving its eligibility for tax deduction.
The Central Government, invoking Section 35AC and the Explanation thereto, specified the construction, furnishing and equipment of the Primary Health Centre at Kufri by PHD Rural Development Foundation as an eligible project for tax exemption; after the National Committee recommended continuation on finding proper execution, the Government extended the project's eligibility for a further two year period beginning with the stated assessment year, recording the project's estimated cost in the notification.
Exemption u/s 35AC - Central Government had specified for construction of Eye Care Centre in Jodhpur district of Rajasthan, by Smt. Tarabai Desai Charitable Opthalmic Trust, Shastri Nagar, Jodhpur, Rajasthan, as an eligible project or scheme
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Exemption under the Income-tax Act: specification of an eye care centre project as eligible and extended for three years.
The Central Government specifies the construction of an eye care centre in Jodhpur by Smt. Tarabai Desai Charitable Opthalmic Trust as an eligible project for exemption under the Income-tax Act, extending the specification for a further three years beginning with assessment year 2000-2001, following the National Committee's recommendation and recording the estimated project cost.
Exemption u/s 35AC - Central Government had specified for land development construction, furnishing and equipments/medicines of Vishwabalak Kendra, by Children of the World (India) Trust, Tardeo, Mumbai, as an eligible project or scheme
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Exemption under section 35AC: specified land development and equipment project declared eligible following committee recommendation.
The Central Government, under sub-section (1) read with clause (b) of the Explanation to section 35AC, specifies the land development, construction, furnishing and equipment/medicines project of Vishwabalak Kendra carried out by Children of the World (India) Trust, Tardeo, Mumbai, as an eligible project or scheme for a period of two years beginning with the assessment year 2000-2001, following a recommendation by the National Committee under sub-rule (5) of rule 11M that the project is being executed properly.
Amendment in Notification No. S.O. 308(E) dated the 11th May, 1999
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Section 35AC tax benefit extended to include an additional district in the specified drinking water project.
Amendment under Section 35AC replaces the Table entry for Shri Sathya Sai Trust in Notification S.O. 308(E) to expand the Shri Sathya Sai Drinking Water Project's listed districts from four to five by substituting the project description to add Kanchipuram.
Exemption u/s 35AC - Central Government had specified th Rehabilitation Centre for handicapped, by Manovikas Kendra, Calcutta, as an eligible project or scheme
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Exemption under Section 35AC extended for rehabilitation centre, preserving its eligible-project status for a further period.
The Central Government, exercising powers under the income-tax exemption provision and on the National Committee's recommendation, specifies the rehabilitation centre for handicapped run by Manovikas Kendra, Calcutta, at an estimated cost of rupees four crores as an eligible project or scheme for a further period of two years beginning with the assessment year 2000-2001, extending the period during which donations to the project qualify for exemption.
Amendment in Notification No. S.O. 740(E) dated the 12th October, 1994
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Deduction under Section 35AC: government notification raises the approved maximum project cost for a specified charitable trust.
Amendment increases the approved maximum project cost eligible for deduction under Section 35AC for a named charitable trust by substituting a higher sanctioned amount in an earlier government notification, replacing the previously notified monetary figure in the Table for that trust with the substituted figure.
Exemption u/s 35AC- Approved various institution as an eligible Project or scheme
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Exemption under section 35AC: approval of specified institutions and projects permitting deductions for eligible project costs within limited assessment years.
Approval is granted for specified institutions and their named projects or schemes to be treated as eligible for deduction under section 35AC, with each Table entry setting out the project or scheme, its estimated cost and the maximum portion of that cost allowable as a deduction; the notification operates for a limited period in relation to specified assessment years and contains substituted entries revising certain project costs.

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