Specification under section 35AC: hospital construction and running project extended as eligible for a further period.
Specification under the Explanation to section 35AC designates the Guru Nanak Quin Centenary Memorial Hospital Trust's construction and running of an extension, equipment purchase, repairs/renovation, and operation of the project as an eligible project for tax incentive purposes; the Central Government, on the National Committee's recommendation and without any change to the approved cost including a corpus fund, specifies the scheme as eligible for a further period commencing from the stated financial year.

Eligible project designation under section 35AC extended for Sterlite Foundation's vocational training scheme for a further three-year period.
The Central Government specifies the Sterlite Foundation scheme for setting up and running vocational training centres for computer courses and tailoring at 386 centres as an eligible project or scheme under the Explanation to section 35AC for a further three-year period commencing with the financial year 2006-07, without any change in the approved cost of Rs. 8272.62 lakh including a corpus fund of Rs. 7242.00 lakh.

Deduction under section 35AC: eligible SOS project extended with amended maximum project cost and renewed three-year period.
The Central Government, under the Explanation to section 35AC, specified the Construction of a school building and running of an SOS Children's Village at Tamvaram East by SOS Children's Villages of India-Chatnath Homes as an eligible project and extended that specification for three years from financial year 2006-07; it further amended the earlier notification to increase the maximum project cost allowed as eligible for deduction.

Tax Deduction Eligibility extended and project cost ceiling increased for specified leprosy rehabilitation scheme under government notification.
The Central Government, on recommendation of the National Committee for Promotion of Social and Economic Welfare, specifies the leprosy eradication and rehabilitation project carried out by Sahyog Kushthayagna Trust at Rajendranagar, Sabarkantha, Gujarat, as an eligible project under the Explanation to section 35AC for a further three years commencing from the stated financial year, and amends the earlier notification to increase the maximum project cost and corpus fund that constitute the deduction ceiling.

Tax eligibility for expansion project under Explanation to section 35AC extended for further three-year period following committee recommendation.
The Central Government, under the Explanation to section 35AC of the Income-tax Act, specifies the Expansion Project by Lions Club of Karnavati Foundation-equipment purchase to increase free eye surgeries and running a hospital at Village Ognaj, Ahmedabad-as an eligible project for a further three years from financial year 2006-07, without change to the previously approved cost including the corpus fund, following the National Committee's recommendation that the project is being executed properly.

Income tax deduction provision eligible project designation extended and maximum deductible project cost increased for Arpan Eye Bank.
The Central Government specifies the Arpan Eye Bank project carried out by Arpan Trust as an eligible project for deductions under the income-tax deduction provision for a further three years commencing from financial year 2006-2007, and amends the earlier notification to substitute the previously stated maximum allowable project cost with a higher specified amount, pursuant to a recommendation of the National Committee for Promotion of Social and Economic Welfare and under the relevant income-tax rules.

Explanation to section 35AC extension: eligible education and health support scheme designation extended for an additional term.
The Central Government, under the Explanation to section 35AC, specifies the Education and Health support Scheme for Children of poor and socially marginalized class run by Nav Bharat Jagriti Kendra as an eligible project or scheme for a further period, following a recommendation of the National Committee that the project is being properly executed, and confirms the extension without any change in the approved project cost.

Deduction under section 35AC extended for a specified hospital project and allowable project cost ceiling increased.
The Central Government, under the Explanation to section 35AC, specifies the construction and running of a hospital at Mount Abu by Global Hospital & Research Centre as an eligible project for deduction for a further three-year period commencing with the financial year 2006-2007, and amends the earlier notification by substituting the previously prescribed maximum allowable project cost with a higher consolidated project cost figure that includes the corpus fund component.

Tax incentive eligibility under Explanation to section 35AC extended for a specified cancer hospital project following committee recommendation.
Central Government, under the Explanation to section 35AC, specifies the construction, furnishing, purchase of equipment and water works for Kailas Cancer Hospital by Muni Seva Ashram as an eligible project for a further three years commencing with financial year 2006-2007, without change in the approved project cost of Rs. 2118.67 lakhs, following a recommendation of the National Committee satisfied with project execution and the applicable rule based approval.

Specification under Explanation to section 35AC extends eligibility for rural leprosy project and increases allowed project cost.
The Central Government specifies the Gujarat Raktapitt Nivaran Seva Sangh project under the Explanation to section 35AC as an eligible project for two further years beginning with the financial year 2006-2007, covering medical camps, employment for leprosy-affected persons, education for their children, deformity care and health education, and amends the earlier notification to substitute the previously sanctioned maximum project cost with an increased project cost ceiling for deduction purposes.

Explanation to section 35AC: project specification extended for Aravali Medical and Research Centre, renewing eligibility for tax incentive support.
Central Government specifies the Aravali Medical and Research Centre project, executed by Aravali Vikas Mandal, as an eligible project for a further three year period commencing with the financial year 2006-2007 covering construction, staff residential quarters, equipment purchase and furnishing; the extension follows a recommendation by the National Committee and is made without any change in the approved cost.

Eligibility under Explanation to section 35AC extended for free medical services project; project cost ceiling increased.
The Central Government specifies the running of free medical services by Dardi Sahayak Trust across Gujarat as an eligible project under the Explanation to section 35AC for a further two-year period commencing from the financial year 2007-2008, and amends the earlier notification to increase the maximum project cost allowable for deduction by substituting the previous cost ceiling with a higher amount.

Eligibility under Explanation to section 35AC extended for Janaseva Foundation's destitute centre for two further years.
The Central Government specifies the construction and running of a Destitute Centre at Bhilarewadi, Katraj, Pune by Janaseva Foundation as an eligible project under the Explanation to section 35AC for a further period of two years commencing from the financial year 2006-2007, without any change in the approved project cost, following the National Committee's recommendation and satisfaction with project execution.

Eligibility under section 35AC: specified rural development project extended for a further period; prior fiscal donations disallowed.
Specification under section 35AC designates the Palli Unnayan Prakalpa Project activities by Ramakrishna Mission Sevashrama as an eligible project, extended for a further two years commencing with the financial year 2006-2007 without any change in the approved cost of Rs. 10.36 lakhs, and records that financial year 2005-06 is closed so no donation can be collected for that year.

Deduction under section 35AC: Government approves specified institutions and projects for eligible donation deductions.
Central Government approves institutions recommended by the National Committee and specifies, for each listed institution, the eligible project or scheme, the estimated project cost and the maximum portion of that cost which may be allowed as a deduction under the relevant provision of the Income tax Act for the financial years expressly stated against each entry.

Tax exemption for institution income: donations received on behalf of the religious institution excluded from donors' taxable income subject to compliance.
Income received by any person on behalf of Sri Sri Jagadguru Shankaracharya Mahasanasthanam Dakshinamnya Sri Sharada Peetham, Sringeri shall not be included in that person's total income provided the Institution applies income wholly and exclusively to its objects with limited accumulation, confines investments to permitted modes, treats business income as taxable unless incidental and separately maintained, files returns, obtains audited accounts, and transfers surplus on dissolution to a similar organization.

Exemption under Section 10(23C)(iv): income received on behalf of Punjab Infrastructure Development Board exempted for recipients subject to conditions.
Any income received by any person on behalf of Punjab Infrastructure Development Board, Chandigarh is exempt in the hands of the recipient under Section 10(23C)(iv) subject to conditions: application or permissible accumulation of income for institutional objects, restricted modes of investment, business income only if incidental with separate books, regular filing of returns, mandated audit and audit report, and transfer of surplus on dissolution; the notification applies from assessment year 2006-07 onwards and may be rescinded if activities are not genuine or non-compliant.

Designation of Loni ICD enables unloading of imports and loading of exports under the Customs Act.
Amendment adds item (xi) to the Table of Notification No.12/1997 Customs (N.T.), designating Loni, District Ghaziabad as an inland container depot authorised for the unloading of imported goods and the loading of export goods, effected under clause (aa) of sub section (1) read with sub section (2) of Section 7 of the Customs Act, 1962.

Industrial Park approval under tax incentive rules-benefits contingent on infrastructure, unit thresholds, and strict compliance conditions.
The Central Government notifies the industrial part of M/s. Rajasthan State Industrial Development & Investment Corporation Limited as an Industrial Park for purposes of clause (iii) of sub-section (4) of section 80-IA, subject to annexed terms: prescribed project parameters, minimum infrastructure investment thresholds, defined infrastructure components, limits on single-unit area occupation, separate approvals for foreign investment, requirement that a minimum number of units locate before tax benefits apply, continued operation by the grantee, conditions for transfer of operation, and invalidation or withdrawal of approval for material misrepresentation, unauthorized plan amendments, delays beyond specified commencement or non-compliance.

Industrial Park tax benefits conditioned on compliance, minimum units, prescribed infrastructure, approvals, and restrictions on transfers.
The Central Government notifies M/s Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur, as an Industrial Park for the purposes of section 80-IA(4)(iii), subject to annexed terms: specified location, area, industrial/commercial allocation, minimum units, investment and commencement date; minimum infrastructure-spend thresholds; cap on single-unit occupancy; separate clearance for foreign investment; tax benefits contingent on minimum units and continued operation by the notifying undertaking; fresh approval required if commencement is delayed; invalidation for misinformation or duplicative approvals; prescribed transfer notification and adherence obligations, with Central Government power to withdraw approval for non-compliance.