Tax exemption notification under section 10(23C)(iv) recognises a welfare organisation for specified assessment years.
Notification under clause (iv) of sub-section (23C) of section 10 designates "Tamil Nadu Police Families Welfare Organisation" as a notified welfare body and fixes the assessment years to which that recognition applies for income-tax purposes.

Section 10(23C)(iv) notification: charitable recognition granted to NAB Lions Home for Aging Blind for specified assessment years.
Notification under section 10(23C)(iv) designates NAB Lions Home for Aging Blind, Pune as qualifying under the clause of the Income-tax Act, with formal recognition by the Central Government for the assessment years 1981-82 through 1986-87, thereby fixing the temporal scope of tax treatment under that provision.

Notification under section 10(23C)(iv) recognizes Madras Crocodile Bank Trust's tax-exempt status for specified assessment years.
The Central Government, exercising powers under clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961, notified Madras Crocodile Bank Trust by Notification No. S.O.1753 dated 13-1-1987 for the purposes of that clause for assessment years 1983-84 to 1985-86, with the notification particulars and file reference recorded.

Exchange rate amendment: substitution of the Customs Schedule entry for Swedish Kroners, effective mid January, altering the official rate.
Amendment substitutes serial No. 15 in the Customs Schedule with a new Swedish Kroners exchange rate of 51.50, issued under sub clause (i) of clause (a) of sub section (3) of section 14 of the Customs Act, 1962; the revised Schedule entry is effective from mid January.

Customs duty exemption for oleo pine resin permits imports for manufacture of gum rosin and turpentine with capped duty.
The Government exempts oleo pine resin (Chapter 13) imported for manufacture of gum rosin and turpentine from that portion of customs duty in excess of the amount calculated at the rate of 20 per cent ad valorem, under the powers of section 25(1) of the Customs Act, 1962; the exemption remains in force up to and inclusive of 31st December, 1987.

Place of public worship notification under section 80G recognises temple status for tax-related charitable recognition.
The Central Government, exercising powers under clause (b) of sub section (2) of section 80G of the Income tax Act, notifies the Temple of Bhagwan Parshwanath at Bhadrawati (Dist. Chandrapur), Maharashtra as a place of public worship of renown throughout the State of Maharashtra for the purposes of that clause, thereby administratively recognising the temple's status for statutory treatment under the Income tax framework.

Excise exemption added for specified intermediates when consumed within the factory for manufacture of designated end-products.
The Central Government amends a prior notification to add Para-toluic Ester (PT Ester) and Methyl Acrylate to the annexed Table, subjecting them to conditional excise treatment only when consumed within the factory of production for specified downstream manufacture: PT Ester for Dimethyl Terephthalate and Methyl Acrylate for acrylic fibre.

Tax exemption notification: Yug Nirman Yojana Trust recognised under section 10(23C)(iv), confirming its assessment-year tax-exempt status.
The Central Government notified Yug Nirman Yojana Trust, Mathura under clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, recognising the trust for specified assessment years and declaring its entitlement to the statutory exemption category for those years.

Research approval under income tax requires separate research accounts and mandated annual audited returns for continued recognition.
Surrottam Hutheesing Health Foundation, Ahmedabad, is approved under clause (ii) of subsection (1) of section 35 of the Income-tax Act as an "Association" for scientific research, subject to conditions: maintain a separate account for research receipts; file annual scientific research returns to the prescribed authority in specified forms by the annual deadline; submit audited annual accounts, income and expenditure statements and balance-sheet to the prescribed authority and provide copies to the Commissioner of Income-tax by the annual deadline; and apply to the tax board for extension of approval prior to expiry, with late applications liable to rejection.

Exemption for woven polymer sacks limited where manufactured on circular looms by substituted proviso.
The substituted proviso excludes from the exemption woven sacks of polymers of ethylene or propylene, or combinations thereof, when they are manufactured on circular looms, so that such sacks produced on circular looms do not benefit from the earlier notification's exemption under the Central Excise Rules.

Customs amendment removes a specific territorial reference from an earlier tariff exemption notification, effective upon commencement.
Amendment exercising the Central Government's power under the Customs Act to remove the phrase "or Spain" from Notification No. 342-Customs (2 August 1976); the change is a textual omission not altering exemption categories and takes effect on the specified commencement date.

Approval under section 35CCB: institution and programme authorised, subject to separate accounting, annual reporting and audit conditions.
Approval is granted to the Forum for Action and Co-ordination of Environment, Calcutta, and its environmental conservation programme for a three-year period, subject to maintaining a separate account for donations, furnishing annual progress reports to the prescribed authority by the annual deadline, submitting audited annual accounts and balance sheet with copies to the tax commissioner by that deadline, and accepting that the prescribed authority may withdraw approval, including with retrospective effect, if continued satisfaction is not maintained.

Approval under section 35(1)(ii) confers research tax status on Eye Research Centre, subject to reporting and accounting conditions.
Approval is granted to Eye Research Centre, Madras, under section 35(1)(ii) of the Income-tax Act, 1961, effective from 1-6-1985 to 30-6-1987, categorising it as an Association for tax purposes relating to scientific research. The approval is conditional on maintaining separate research accounts, furnishing annual research returns by 30 April, submitting audited accounts and balance-sheet to the prescribed authority and the Commissioner by 30 June, and applying to the Central Board of Direct Taxes for renewal at least three months before expiry.

Exemption for garment manufacturing waste: rags and trimmings cleared by export-oriented units are duty-exempt subject to prescribed waste limits.
Rags, trimmings and tailor cuttings arising in the manufacture of readymade garments, when cleared from hundred percent export oriented undertakings, are exempt from duty provided the percentage of such waste does not exceed the limit fixed by the Board; this is effected by inserting a conditional proviso into the existing customs exemption notification under section 25(1) of the Customs Act.

Imports against advance licences: amendment excludes castor seeds from listed oil seeds for customs exemption.
Notification No.6/87-Cus dated 6 January 1987 amends the First Schedule to Notification No.117-Customs (9 June 1978) by inserting "(Excluding castor seeds)" after "Oil seeds" in column (2) against Serial Numbers 5 and 6, thereby expressly excluding castor seeds from the listed description for the purposes of the customs exemption.

Rescission of Customs Notification: central board invokes section nine authority to withdraw a prior customs exemption notification.
The Central Board of Excise and Customs, exercising powers under section 9 of the Customs Act, 1962, rescinds a prior miscellaneous exemption notification issued in 1986, withdrawing the exemptions or reliefs previously conferred and thereby restoring the regulatory position under the Act absent that earlier notice.

Exemption to strawboard: duty relief for Nepal manufactured boards meeting the material origin requirement on imports into India.
Exemption exempts strawboard under sub heading 4807.92 from that portion of additional duty under section 3 of the Customs Tariff Act which exceeds the specified base charge when imported from Nepal, provided the strawboard is manufactured in Nepal and contains not less than eighty percent Nepalese materials or Nepalese and Indian materials; the notification is time limited and remains in force up to and inclusive of 31 March 1988.

Excise exemption for kraft paper used in apple carton manufacture subject to authorised clearances and certification.
The Central Government grants an exemption from the whole duty of excise on kraft paper and kraft paper board under Chapter 48 when intended for manufacture of cartons for packing apples, subject to specified quantity limits and clearances to authorised carton manufacturers nominated in writing by the Managing Director of the specified State Horticultural Produce Marketing and Processing Corporations; compliance with Chapter X of the Central Excise Rules, 1944; and production, within a period specified by the Assistant Collector, of a certificate from the relevant Managing Director confirming use of the cartons for packing apples.

Auxiliary duty amendment updates Customs exemption schedule by omitting an entry and inserting a new notification reference.
The Central Government amends notification No. 314/86-Customs by omitting Serial No. 71 and its entry from the Schedule and by inserting, after Serial No. 75, a new Serial No. 76 referencing Notification No. 2-Customs dated the 1st January, 1987, thereby altering the Schedule of exemption entries governing auxiliary duty.

Customs duty exemption for specified machinery and inputs where importer is authorised and imports for own use.
Notification limits customs duty on specified Chapter 84/85 goods to the ad valorem rates in the annexed Table and exempts them from additional duty under section 3, provided the importer is authorised under the Solvent Extracted Oil, De oiled Meal and Edible Flour (Control) Order, 1967 to handle solvent extracted oils or de oiled meals and imports the goods for his own use; Table lists rice bran stabilizer (nil) and a high pressure/bipolar electrolyser for hydrogen gas (ad valorem rate).