In exercise of the powers conferred by clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Shree Santari Bhagwati Devasthan, Aldona Bardex, Goa , to be a place of public worship of renown throughout the State of Goa for the purpose of the said section on the condition that the temple will maintain separate books of account for the purpose and the donations received will be utilised exclusively for the renovation of the temple.
Notification No. S.O.3676-Income Tax In exercise of the powers conferred by clause (iib) of the proviso to section 193 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies ” 12.5% HDFC Bonds, 1999 (Xth Issue)”, issued by the Housing Development Finance Corporation Limited, Bombay, for the purpose of the said clause
In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies The Children’s Book Trust, New Delhi , for the purpose of the said sub-clause for the assessment years 1985-86 to 1988-89.
That the said Association will submit to the prescribed authority by 30th June, each year, a copy of their audited annual accounts showing their income and expenditure and balance-sheet showing its assets and liabilities with a copy of each of these documents to the Central Board of Direct Taxes, New Delhi, and the concerned Commissioner of Income-tax.
Notification No. S.O.1031(E)-Income Tax In exercise of the powers conferred by sub-section (6) of section 120 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby directs that on and from the date of publication of this notification in the Official Gazette, nothing contained in Notification No. S. O. 1800, dated 18th May, 1964, as amended by Notification No. 7586, dated 15th October, 1987, shall affect the jurisdiction of the Commissioner of Income-tax,
In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies The Tata Agricultural and Rural Training Centre for the Blind , for the purpose of the said sub-clause for the assessment year 1988-89.
List of goods notified under Section 110(1A) of the Customs Act, 1962 and as made applicable to Central Excise. – In exercise of the powers conferred by sub-section (1A) of Section 110 of the Customs Act, 1962 (52 of 1962) as made applicable to the duties of excise vide notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 68/63-Central Excises
In exercise of the powers conferred by clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sri Kumaraswamy Temple, Hanumanthonagar, Bangalore to be a place of public worship of renown throughout the State of Karnataka for the purpose of the said section on the condition that the temple will maintain separate books of account for the purpose and the donations received will be utilised exclusively for the renovation of the temple.
Circular : No. 524-Income Tax A new scheme relating to assessment of charitable or religious trusts/institutions has been introduced by the Direct Tax Laws (Amendment) Act, 1987 by inserting a new section 80F in the Income-tax Act with effect from 1-4-1989 relevant for assessment year 1989-90 and subsequent years.
In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sanjay Gandhi Memorial Trust, New Delhi, for the purpose of the said sub-clause for the assessment year 1989-90.
