Research institution approval under section 35(1)(ii) requires separate research accounts, annual returns and audited statements.
B. E. Research Centre, Hyderabad is approved as an approved institution under clause (ii) of sub section (1) of section 35 read with rule 6, classified as an "Association", subject to maintaining separate research accounts, furnishing annual research returns by 30 April, submitting audited annual accounts and balance sheet to the prescribed authority and Commissioner by 30 June, and applying for extension at least three months before approval expiry; approval effective 14 May 1986 to 31 March 1988.

Research expenditure approval under section 35(1)(ii) creates conditional tax benefit requiring annual reporting and timely renewal.
Approval under section 35(1)(ii) is granted to Janta College, Bakewar, Etawah subject to maintaining a separate account for research receipts, furnishing annual returns of scientific research activities by 30th April, and submitting audited annual accounts, income and expenditure statements, and a balance-sheet to the prescribed authority and the concerned tax commissioner by 30th June; the institution must apply for extension three months before approval expiry, with late applications liable to rejection.

Approved research institution status under section 35(1)(ii) requires separate accounts, annual returns, audited submissions and renewal application.
Approval is granted to Gujarat Industrial Research and Development Agency, Industrial Research Laboratory, Baroda, as an approved institution under section 35(1)(ii) in the category "Association" subject to conditions requiring separate accounts for research receipts, annual returns of research activities by 30 April, submission of audited accounts and balance-sheet with copies to the Commissioner by 30 June, and advance application for extension to the Central Board of Direct Taxes at least three months before expiry. The approval is effective from 24 October 1986 to 31 March 1988.

Time-bound approval for a research institution imposes separate accounting, annual returns, audited accounts and advance renewal requirements.
Conversion of perpetual approval into time-bound approval is effected, making recognition valid until the specified expiry and subject to compliance. The institution must maintain a separate account for research receipts, furnish annual returns of research activities in prescribed forms by 30th April, submit audited accounts and balance-sheet to the prescribed authority and the tax commissioner by 30th June, and apply for extension at least three months before expiry, with late applications liable to rejection.

Approval under section 35(1)(ii) conditions institute tax status on maintaining research accounts and timely audited reporting.
Approval was granted to the Institute of Financial Management Research, Madras, as an Institution under clause (ii) of sub section (1) of section 35 of the Income tax Act, subject to conditions: maintain separate accounts for scientific research; furnish annual returns of research activities by 30th April each year; submit audited annual accounts and balance sheet to the prescribed authority and the Commissioner by 30th June each year; and apply in advance to the Central Board of Direct Taxes for extension of approval.

Approval under section 35(1)(ii): institute recognised as Association with specific research accounting and reporting obligations.
Approval under section 35(1)(ii) of the Income tax Act, 1961 was granted to Sardar Patel Renewable Energy Research Institute as an "Association" for the period 24 10 1986 to 31 3 1988, subject to maintaining separate research accounts; filing annual research activity returns by 30 April; submitting audited annual accounts and balance sheet to the prescribed authority and Commissioner of Income tax by 30 June; and applying to the Central Board of Direct Taxes at least three months before approval expiry for extension.

Approval under section 35(1)(ii): research institution status granted with conditions on accounts, returns and renewal timing.
Approval under section 35(1)(ii) is granted to N. M. Wadia Charitable Hospital, Solapur, as an institution for scientific research for the period 1 7 1986 to 30 6 1987, subject to maintaining separate research accounts, furnishing annual research returns by 30 April, submitting audited accounts and balance-sheet with copies to the Commissioner by 30 June, and applying for extension three months before expiry.

Auxiliary duty amendment removes a specified exemption entry and inserts a new customs exemption notification reference.
The Central Government, under section 25(1) of the Customs Act and section 49(4) of the Finance Act, 1986, amends Notification No. 312/86-Customs by deleting Sl. No. 224 from the Schedule and inserting, after Sl. No. 280, a new Sl. No. 281 citing Notification No. 474/86-Customs dated 28th November, 1986.

Investment Deposit Account Scheme notified under section 194A(3)(vi) to prescribe it for withholding tax purposes.
Central Government notifies the Investment Deposit Account Scheme, 1986 under clause (vi) of sub section (3) of section 194A of the Income tax Act, 1961, making the framed scheme operative for the purposes of that clause and thereby prescribing it for the statutory withholding provision.

Notification under section 10(23C)(iv) recognizes Medical Research Foundation, Madras for tax exemption in specified assessment years.
The Central Government, under section 10(23C)(iv) of the Income tax Act, notifies Medical Research Foundation, Madras as eligible under that clause for the specified assessment years, thereby administratively recognizing the institution for tax exemption purposes for the temporal scope stated.

Tax exemption notification under section 10(23C)(v) designates a trust as notified for specified assessment years.
Central Government notification designates Jaffer Suleman Musafirkhana Trust, Bombay as a notified charitable trust under clause (v) of sub section (23C) of section 10 of the Income tax Act for assessment years 1984 85 to 1986 87, formally recognising the trust for that exemption category.

Section 10(23C)(v) notification recognizes specified mandirs as notified institutions under the Income-tax Act for assessment-year tax treatment.
Notification under section 10(23C)(v) of the Income-tax Act lists six named mandirs and recognises them as institutions covered by that clause for the specified assessment years, effectuating statutory recognition for tax purposes by the Central Government.

Tax recognition under section 10(23C)(v) confirms an institution's charitable status for specified assessment years.
Recognizes Sree Parvathi Sankara Mahaganapathi Parishad, Trichur under section 10(23C)(v) of the Income tax Act; the Central Government notifies the institution for the purpose of that clause for the assessment years 1984 85 to 1986 87, with the notification number and filing reference recorded.

Warehousing eligibility clarified for specified imported goods, allowing duty free shop, petroleum, plant and shipbuilding imports storage.
The Central Government specifies four categories of imported goods eligible to remain in Customs warehouses: goods imported for sale through Duty Free Shops; petroleum products under Chapter 27 of the Customs Tariff; plant, machinery, equipment, components and raw materials under heading 98.01 of the Customs Tariff; and machinery, equipment, components and raw materials imported for building of ships or fitment thereto. "Duty Free Shops" are defined as Ministry approved shops within specified aerodrome customs areas selling imported goods free of duty.

Polypropylene filament yarn denier range specified: amendment substitutes the schedule entry to 100 deniers up to 750 deniers.
The Government amends the annexed Table of an earlier notification under rule 8 of the Central Excise Rules by substituting, for Serial No. 4 column (3), the denier specification now stated as 100 deniers and above but not above 750 deniers for polypropylene filament yarn, not textured.

Approved Institution status under section 35(1)(ii) requires annual compliance with reporting, accounting, and renewal conditions.
Approval under section 35(1)(ii) is granted to the Indian Cancer Society, Jamshedpur Branch as an Approved Institution for scientific research, subject to maintaining a separate research account, furnishing annual returns of research activities by 30 April, and submitting audited annual accounts and balance-sheet to the prescribed authority and the Commissioner by 30 June. Renewal requires application to the tax Board three months before expiry; late applications risk rejection. The approval is effective from 24 October 1986 to 31 March 1988.

Appointment of Central Excise Officer enables exercise of Collector powers for nationwide investigation and adjudication as assigned.
Director of Publications (Customs and Central Excise) is appointed as a Central Excise Officer and vested with the powers of a Collector of Central Excise throughout India for the purposes of investigation and adjudication of cases assigned to him by the Central Board of Excise and Customs.

Exemption for light commercial vehicles from excise duty above a capped ad valorem rate, subject to approved manufacturing programme.
Light commercial motor vehicles payload not exceeding 4,000 kilograms with indirect injection diesel engines and classed in Chapter 87 are exempt from excise duty to the extent that duty exceeds the amount calculated at the rate of 10 per cent ad valorem, subject to manufacture under a programme approved by the Ministry of Industry and the Industrial Adviser of the Directorate General of Technical Development.

Excise exemption for fuel-efficient light commercial vehicles subject to prescribed fuel-efficiency tests and certification.
Exemption from central excise duty applies to fuel efficient light commercial motor vehicles up to 4,000 kg payload within Chapter 87, limiting duty to an amount calculated at a specified ad valorem rate; eligibility requires certification by a Joint Secretary based on fuel-efficiency tests by designated agencies adhering to prescribed testing conditions (manufacturer's cab and body, maximum authorised payload, specified diesel cetane, steady-speed track runs with corrections, and specific fuel consumption measured per IS:10000 Part VIII).

Exemption for lime used in manufacture of calcium carbonate removes excise duty when consumed within the producing factory.
Lime falling under sub heading 2505.00 used within the factory of production in the manufacture of calcium carbonate is exempted from the whole of the excise duty specified in the Central Excise Tariff Act when relied upon sub rule (1) of rule 8 of the Central Excise Rules, 1944.