Research approval under Section 35: donors eligible for deduction when approved institution keeps separate research accounts and auditor certificate.
Approval is granted to National Health and Education Society, P.D. Hinduja National Hospital and Medical Research Centre as an other institution partly engaged in research for purposes of Section 35(1)(iii), subject to maintaining separate research accounts, filing audited Income & Expenditure accounts for each approved year with the tax jurisdictional officer by the later of the return due date or the notification period, and furnishing an auditor's certificate specifying amounts received for qualifying research donations and certifying that expenditures were for scientific research.

Approval for research institution status enables donors' tax deduction subject to specified accounting and auditor certificate requirements.
Central India Institute of Medical Sciences, Nagpur, is approved as an other institution partly engaged in research for section 35(1) purposes for the period specified, subject to maintaining separate accounts for research; submitting audited Income & Expenditure accounts for each approved year to the Commissioner/Director of Income tax (Exemptions) by the return filing due date or within ninety days of the notification, whichever is later; and furnishing an auditor's certificate specifying amounts received qualifying donors for deduction and certifying that expenditures were for scientific research.

Scientific research association approval requires separate research accounts, audited accounts and auditor certification for donor deductions.
Approval is granted to M/s. International Advanced Research Centre for Powder Metallurgy and New Materials as a scientific research association for donor tax deduction purposes, subject to conditions: maintain separate research accounts; submit audited Income & Expenditure accounts for approved research to the tax authority by the return filing due date or within the transitional period; and provide an auditor's certificate specifying amounts received qualifying donors for deductions and certifying that expenditures were for scientific research.

Research donation approval requires audited accounts and auditor certificate to enable donor tax deduction for donor claims
The organization is approved under clause (ii) of sub-section (1) of section 35 for specified years as an 'other Institution' partly engaged in research, subject to conditions: maintain separate accounts for research; submit audited Income & Expenditure accounts for the approved research activities by the return filing due date or within ninety days of notification; and provide an auditor's certificate specifying amounts received that qualify donors for deduction and certifying that the expenditures were for scientific research.

Research expenditure deduction: approval granted with separate accounts, audited returns and auditor certification required.
Approval categorises the institute as an other Institution partly engaged in research activities for donor deduction purposes, subject to conditions: maintain separate accounts for research; submit audited Income & Expenditure accounts for each approved year to the relevant tax officer by the return filing due date or within the specified short period from notification, whichever is later; and attach an auditor's certificate specifying amounts received that qualify for donor deduction and certifying that the expenditure was for research in social sciences.

Research-deduction status requires audited research accounts, timely filing and auditor certificate enabling donors to claim deductions.
Approval under Section 35(1)(ii) is granted to Charutar Vidya Mandal as an institution partly engaged in research, subject to conditions: maintain separate research accounts; submit audited Income & Expenditure accounts for each approved year to the tax authority by the return due date or within ninety days of notification; and include an auditor's certificate specifying amounts received for scientific research eligible for donor deduction and certifying that the expenditure was for scientific research.

Income exemption on behalf of charitable institution excludes such receipts from assessable total income subject to compliance obligations.
Notification exempts from total income any receipts received on behalf of The Synodical Board of Health Services, New Delhi for the specified assessment years, subject to conditions: income must be applied wholly and exclusively to institutional objects or accumulated within the permitted accumulation cap; investments must be in modes specified under section 11(5); business income is excluded from exemption unless incidental with separate books; returns must be regularly filed; and on dissolution surplus and assets must transfer to a like-minded organization. The exemption applies only to recipients' receipts on behalf of the institution.

Excise exemption for coir boards removes central excise duty on specified coir composite, matting and coir boards.
The Government amended an existing central excise notification to insert a new table entry exempting coir composite boards, coir matting boards, and coir boards from central excise by specifying a Nil rate of duty under the relevant tariff headings, thereby removing central excise liability for those goods while leaving the remainder of the principal notification and prior amendments intact.

Adjudication procedure amendment adds new sections to penalty provisions and authorises appointment of presenting officers.
The amendment updates Rule 4 by expanding the list of referenced penalty sections to include additional penalty provisions and inserts a new sub-rule authorising the Board to appoint a presenting officer in inquiries under Rule 4, thereby formalising an authorised presenting role in adjudication proceedings.

Research donation approval under Section 35(1)(ii) requires separate research accounts, audited filing and auditor certification.
Approval is granted to Bharatiya Sanskriti Darshan Trust as an other Institution partly engaged in research for purposes of deduction under clause (ii) of sub-section (1) of section 35 for the specified period, subject to maintaining separate research accounts, filing audited Income & Expenditure accounts for each approved year to the Commissioner/Director (Exemptions) by the return due date or within 90 days of the notification, and furnishing an auditor's certificate specifying amounts received for qualifying research donations and certifying that the expenditure was for scientific research.

Charitable income exemption: receipts on behalf of National Institute of Bank Management treated as non-assessable subject to prescribed conditions.
Receipts received by any person on behalf of National Institute of Bank Management, Mumbai shall not be included in that person's total income for the specified assessment years, provided the Institution applies or properly accumulates income for its objects subject to accumulation limits, invests funds only in permitted modes, treats business receipts as incidental and separately accounted, files returns regularly, and transfers surplus and assets on dissolution to a similar organization.

Income exemption for amounts received on behalf of a religious institution, excluded from donors' total income for specified years.
Any income received by any person on behalf of Sri Krishna Janmasthan Seva Sansthan, Katra Keshav Dev, Mathura shall not be included in the total income of such person for the Assessment Years 2005-06 to 2007-08 under sub-clause (v) of clause (23C) of section 10, subject to conditions: exclusive application or limited accumulation of income, restricted modes of investment per section 11(5), exclusion of business income unless incidental with separate books, regular filing of returns, and transfer of surplus on dissolution to a similarly purposed organization.

MRP-based valuation exclusion for automobile lamps imposed by amendment excludes lamps from specified valuation provision.
Amends the valuation framework by excluding lamps for automobiles (heading 8539) from the application of MRP-based valuation by substituting "The following goods" with "The following goods, other than lamps for automobiles" against S.No.91 in the TABLE of notification No. 2/2006-Central Excise (N.T.), under the authority of section 4A of the Central Excise Act, 1944.

Public shareholding requirement: exchanges must ensure a majority of equity is held by the public via prescribed mechanisms.
These regulations require recognised stock exchanges undergoing corporatisation or demutualisation to ensure a majority of equity capital is held by the public through public issues, offers for sale by trading-rights shareholders, approved placements, private placements to non-trading persons, or combinations thereof, all subject to Companies Act and SEBI disclosure and preferential issue rules; the Board issues confirmation upon compliance and may inspect, audit and direct divestment or other remedial measures for breaches.

Industrial park notification under section 80 IA conditions tax benefit eligibility on infrastructure, unit thresholds, and compliance.
Central Government notifies M/s. Sri Balaji Construction Company's undertaking as an industrial park under clause (iii) of sub section (4) of section 80 IA, specifying location, area, permitted activities, allocable area (90.01% industrial, 9.99% commercial), minimum three industrial units, proposed investments and commencement. Approval is conditional on minimum infrastructure expenditure thresholds (50% or 60% where built-up space is provided), a single unit occupancy cap of 50%, requisite statutory approvals, operator continuity, tax benefits only after the minimum units locate in the park, and invalidation/withdrawal rules for misinformation, unapproved changes, delayed commencement or non-compliance.

Industrial park approval under tax incentive provisions conditioned on infrastructure, minimum units and compliance requirements.
The Central Government notifies M/s. Janapriya Engineers Syndicate's undertaking at Somajiguda, Hyderabad, as an industrial park under clause (iii) of sub section (4) of section 80 IA, subject to Annexure conditions detailing site, permitted activities, allocable area percentages, minimum number of industrial units, investment and commencement date. Conditions require minimum infrastructure investment thresholds, common infrastructure provisions, limits on single unit area occupation, requisite statutory approvals, continued operation by the developer while benefits are claimed, transfer notification procedures, and invalidity/withdrawal consequences for non compliance or misrepresentation.

Appointment of Special Adjudicator: Commissioner of Service Tax Mumbai vested with Central Excise Officer powers to adjudicate show cause notices.
The Central Board of Excise and Customs appoints the Commissioner of Service Tax, Mumbai, as special adjudicating authority and vests in him all powers of a Central Excise Officer throughout India for the sole purpose of adjudicating show cause notices issued to M/s Tata Consultancy Services Ltd. by the Mumbai Zonal Unit of the intelligence directorate, on the statutory basis provided by the Finance Act and the Service Tax Rules.

Disqualification exception for former whole-time directors of public sector banks permits their eligibility as ombudsman under amended regulations.
The amendment creates a proviso to regulation 6(1) excluding from the disqualification in clause (v) persons who have been whole-time directors of specified public sector banks or public sector undertakings, and defines ''public sector bank'' and ''public sector undertaking'' for this purpose.

Special Economic Zone designation enables IT/ITES SEZ at Keeranatham following statutory approvals under the SEZ Act.
Notification designates 34.66 hectares at Keeranatham Village, Coimbatore North Taluk, Tamil Nadu, as a Special Economic Zone to enable Coimbatore Hitech Infrastructure Private Limited to set up a sector-specific SEZ for information technology and information technology enabled services, issued under powers of Section 4 of the SEZ Act read with SEZ Rules after grant of a letter of approval and satisfaction of statutory prerequisites, and listing the constituent survey numbers and areas totaling 34.66 hectares.

Account payee cheque requirement replaces crossed cheque wording, changing prescribed instrument terminology under the Income-tax Rules.
Substitutes the phrase "an account payee cheque drawn on a bank or account payee bank draft" for the phrase "a crossed cheque drawn on a bank or by a crossed bank draft" in both the heading to rule 6DD and in rule 6DD of the Income-tax Rules, 1962, by virtue of the Income-tax (13th Amendment) Rules, 2006.