Section(s) Referred: s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 4/1/2000

In exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government on the recommendations of the National Committee, hereby approves the institutions mentioned in column (2) of the Table below and specifies the eligible projects or schemes and the estimated cost thereof as mentioned in column (3) of the said Table and also specifies in the column (4) of the said Table, the maximum amount of such cost which may be allowed as deduction under said section 35AC, namely :

TABLE -------- Sl. Name of the institutions Project or scheme and Maximum amount of No. estimated cost thereof cost to be allowed as deduction under section 35AC -------- 1 2 3 4 -------- 1. Devi Ahilyabai Smarak Construction of hostel Rs. 18.66 lakhs Samiti, Devi Ahilya building for tribal girls at Mandir, Dhantoli, Devi Ahilya Bai Smarak Nagpur-440012. Samiti, Dhantoli, Nagpur, likely to cost Rs. 18.66 lakhs.

2. Samaj Seva Kendra Purchase of instruments Rs. 58.05 lakhs Ahmedabad Sanchalit for---(a) Eye Unit; (b) Pujya Babu Bhai Shah Dental Unit; (c) Sarvodaya General Pathology Labs; (d) ENT Hospital. 14-B, Virnagar Unit; (e) ambulance van; Society, Bhimjipura Char (f) furniture and Rasta, Nava Wadi, instruments; at Ahmedabad-13. Ahmedabad, Gujarat; likely to cost Rs. 58.05 lakhs.

3 . Sarvoday Seva Sangh, Construction of Rs. 96.07 lakhs. P.O. Pandva, Tal. Residential School, ITI Balasinor, District- building. hostel, dinning Kheda, Gujarat-65. hall, staff quarters, compound wall, purchase of mobile van, equipments, furnishing and running of mobile dispensary and computer centre at Ambay. Tal, Thasara, District Kheda, Gujarat likely to cost Rs. 96.07 lakhs.

4. Dhanvantari, Shaker Construction of Rs. 210.00 lakhs Falia, Vansda, District- building/purchase of (including a corpus Navsari-396580, Gujarat equipments, fund of Rs. 125.00 instruments, vehicle and lakhs) running of Sant Ranchhoddasji Bapu Eye Hospital at Vansda, District-Valsad, Gujarat ; likely to cost Rs. 210.00 lakhs (including a corpus fund of Rs. 125)

5. Nyuyouna Maoh Women Social Forestry Project at Rs. 53.01 lakhs Society, Wakching Wakching, Nagaland; Town, P.O, No. 1, Post likely to cost Rs. 53.01 Office & District-Mon- lakhs. 798621 (Nagaland).

6. Lupin Human Welfare Integrated Rural Rs.547.35 lakhs. and Research Development at Foundation, 159, CST Bharatpur (Rajasthan) Road, Kalina, and Raisen (Madhya Santacruz(E), Mumbai- Pradesh); likely to cost 400098. Rs. 3,223.87 lakhs.

7. Katha, A-3, 2nd Floor, Running of educational Rs. 384.64 lakhs Sarvodaya Enclave, and developmental (including a corpus Aurobindo Marg, New programme at Katha fund of Rs. 200.00 Delhi-110017. Khazana, Demonstration lakhs). Block of M.C.D. Slum Department, Bhumiheen, Navjivan and Nehru Camps, Govindpuri, Kalkaji Extension, New Delhi-19; likely to cost Rs. 384.64 lakhs (including a corpus fund of Rs. 200.00 lakhs).

8. Godavari Foundation, Construction of building Rs. 2,636.00 lakhs Godavari Hospital with all facilities (including a corpus Building, M.J. College purchase of equipments/ fund of Rs. 1,000.00 Road. Jalgaon-425002 vehicles and running of lakhs). (Maharashtra). hospital at Plot No. P-51, MIDC, National Highway No. 6, Jalgaon, Maharashtra, likely to cost Rs. 2,636.00 lakhs (including a corpus fund of Rs. 1,000.00 lakhs)

9. Jnana Prabodhini- Construction of school Rs. 365.77 lakhs. Solapur, 156-D, Railway building equipments/ Lines, Solapur- furniture/audio-visual 413001, Maharashtra. aids and other related items and running expenses of the school (Jnana Prabodhini Vidyalay) at Village- Harali, Taluk-Lohara, District-Osmanabad, Maharashtra, likely to cost Rs. 365.77 lakhs. --------

2. This notification shall remain in force for a period of three years in relation to assessment years 2000-2001, 2001-2002 and 2002-2003 in respect of projects or schemes mentioned in the Table.

[F.No. NC 136/99]

Notification: 11191

Section(s) Referred: s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 4/1/2000

This Corrigendum contains amendment to Income-tax Act, 1961, carried out on 4th Jan, 2000 not reproduced here as it is already contained in the body of the act itself.

[F. No. NC 136/99]

Notification: 11193

Section(s) Referred: s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 4/1/2000

This Corrigendum contains amendment to Income-tax Act, 1961, carried out on 4th Jan, 2000 not reproduced here as it is already contained in the body of the act itself.

[F.No. NC-136/99]

Notification: 11194

Section(s) Referred: s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 4/1/2000

Whereas by notification of the Government of India in the Ministry of Finance, number S.O. 973(E) dated the 14th December, 1995 [published at (1995) 129 CTR (St) 47], issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the IT Act, 1961 (43 of 1961), the Central Government had specified at serial number 1 land development construction, furnishing and equipments/medicines of Vishwabalak Kendra, by Children of the World (India) Trust, Tardeo, Mumbai, as an eligible project or scheme for a period of two years beginning with assessment year 1996-97, which was extended vide S.O. 399(E) dated 19th May, 1997 [published at (1997) 140 CTR (St) 101 for a period of two more years beginning with assessment year 1998-99.

This Corrigendum contains amendment to Income-tax Act, 1961, carried out on 4th Jan, 2000 not reproduced here as it is already contained in the body of the act itself.

[F.No. NC 136/99]

Notification: 11195

Section(s) Referred: s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 4/1/2000

Whereas by notification of the Government of India in the Ministry of Finance, number S.O. 887(E) dated the 22nd November, 1993 [published at (1993) 115 CTR (St) 94], issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 1 construction of Eye Care Centre in Jodhpur district of Rajasthan, by Smt. Tarabai Desai Charitable Opthalmic Trust, Shastri Nagar, Jodhpur, Rajasthan, as an eligible project or scheme for a period of two years beginning with assessment year 1994-95, which was extended vide S.O. 725(E) dated 17th August, 1995 for a period of three more years beginning with assessment year 1996-97.

This Corrigendum contains amendment to Income-tax Act, 1961, carried out on 4th Jan, 2000 not reproduced here as it is already contained in the body of the act itself.

[F.No. NC 136/99]

Notification: 11196

Section(s) Referred: s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 4/1/2000

Whereas by notification of the Government of India in the Ministry of Finance, number S.O. 206(E) dated the 17th March, 1997 [published at (1997) 138 CTR (St) 293] issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 12 Construction furnishing and equipments of Primary Health Centre at Kufri, Himachal Pradesh by PHD Rural Development Foundation, opposite to Asian Games Village, New Delhi-110016, as an eligible project or scheme for a period of three years beginning with assessment year 1997-98

This Corrigendum contains amendment to Income-tax Act, 1961, carried out on 4th Jan, 2000 not reproduced here as it is already contained in the body of the act itself.

[F. No. NC 136/99]

Notification: 11197

Section(s) Referred: s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 4/1/2000

This Corrigendum contains amendment to Income-tax Act, 1961, carried out on 4th Jan., 2000 not reproduced here as it is already contained in the body of the act itself.

[F. No. NC. 136/99]

Notification: 11198

Section(s) Referred: s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 4/1/2000

Whereas by notification of the Government of India in the Ministry of Finance number S.O. 469(E) dated the 2nd July, 1996 [published at (1996) 133 CTR (St) 46] issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act 1961 (43 of 1961), the Central Government had specified at serial number 8-(a) detection, prevention research and education; (b) diagnosis, curing and operation to heart patients; (c) maintaining of Atithi Griha; at Mumbai in Maharashtra, by Mahavir Heart Research Foundation, Sion (East), Mumbai, as an eligible project or scheme for a period of three years beginning with assessment year 1997-98.

This Corrigendum contains amendment to Income-tax Act, 1961, carried out on 4th Jan., 2000 not reproduced here as it is already contained in the body of the act itself.

[F. No. NC. 136/99]

Notification: 11192

Section(s) Referred: s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 4/1/2000

Whereas by notification of the Government of India in the Ministry of Finance, number S.O. 617(E) dated the 10th August, 1992 [published at (1992) 107 CTR (St) 44], issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 3 Rehabilitation Centre for handicapped, by Manovikas Kendra, Calcutta, as an eligible project or scheme for a period of three years beginning with assessment year 1993-94, which was extended vide S.O. No. 580(E) dated 27th June, 1995 [published at (1995) 126 CTR (St) 67] by a period of three more years beginning with assessment year 1996-97, which was further extended vide S.O. 702(E) dated 3rd October, 1997 [published at (1997) 142 CTR (St) 691 for a period of three more years beginning with assessment year 1997-98

This Corrigendum contains amendment to Income-tax Act, 1961, carried out on 4th Jan, 2000 not reproduced here as it is already contained in the body of the act itself.

[F.No. NC 136/99]

Notification: S. O. 10(E)

Section(s) Referred: 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 4/1/2000

Notification No.S.O.10(E), dated 4th January, 2000.

In exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government on the recommendations of the National Committee, hereby approves the institutions mentioned in column (2) of the Table below and specifies the eligible projects or schemes and the estimated cost thereof as mentioned in column (3) of the said Table and also specifies in column (4) of the said Table, the maximum amount of such cost which may be allowed as a deduction under the said section 35AC, namely :-

SI. No.

Name of the institution

Project or scheme and estimated cost thereof Maximum amount of cost to be allowed as deduction under section 35AC (1) (2) (3) (4) 1.

9. Devi Ahilyabai Samark Samiti, Devi Ahilya Mandir, Dhantoli, Nagpur-440012.

Samaj Seva Kendra Ahmedabad Sanchalit Pujya Babu Bhai Shah Saarvodaya General Hospital, 14-B, Virnagar Society, Bhimjipur Char Rasta, Nava Wadi, Ahmedabad-13. Sarvodaya Seva Sangh, P.O. Pandva, Tal. Balasinor, District-Kheda, Gujarat-65.

Dhanvantri, Shaker Falia, Vansda, District Navsari-396580, Gujarat.

Nyuyoung Maoh Women Society, Wakchinng Town, P.O. No.1, Post Office and District Mon-798621 (Nagaland). Lupin Human Welfare and Research Foundation, 159, CST Road, Kalina, Santacruz (E), Mumbai-400098. Katha A-3, 2nd Floor, Sarvodya Enclave, Aurobindo Marg, New Delhi-110017.

Godavari Foundation, Godavari Hospital Building, M.J. College Road, Jalgaon-425002 (Maharashtra)

Jnana Prabodhini-Solapur, 156-D, Railway Lines, Solapur-413001, Maharashtra.

Constructing of hostel building for tribal girls at Devi Ahilya Bai Smarak samiti, Dhantoli, Nagpur, likely to cost Rs.18.66 lakhs. Purchase of instruments for (a) Eye unit; (b) Dental unit; (c) Pathology labs; (d) Ambulance van;(f) Furniture and instruments; at Ahmedabad, Gujarat; likely to cost Rs.58.05 lakhs.

Construction of residential school, ITI building, hostel, dining hall, staff quarters, compound wall, purchase of mobile van, equipment, furnishing and running of mobile dispensary and computer center at Ambav, Tal. Thasara, District Kheda, Gujarat; likely to cost Rs.96.07 lakhs. Construction of building/purchase of equipments, instruments, vehicle and running of Sant Ranchhoddasji, Bapu Eye Hospital at Vansda, District Valsad, Gujarat; likely to cost Rs.210 lakhs (including a corpus fund of Rs.125 lakhs). Social forestry project at Wakching, Nagaland; likely to cost Rs.53.01 lakhs.

Integrated rural development at Bharatpur (Rajasthan) and Raisen (Madhya Pradesh); likely to cost Rs.3,223.87 lakhs.

Running of educational and developmental programme at Katha Khazana, Demonstration Block of M.C.D. Slum Department, Bhumiheen, Navjivan and Nehru Camps, Govindpuri, Kalkaji Extension, New Delhi-19 ; likely to cost Rs.384.64 lakhs (including a corpus fund of Rs.200 lakhs). Construction of building with all facilities, purchase of equipments/vehicles and running of hospital at Plot No.P-51, MIDC, National Highway No.6, Jalgaon, Maharashtra; likely to cost Rs.2,636 lakhs (including a corpus fund of Rs.1,000 lakhs). Construction of school building equipments/furniture/audio-visual aids and other related items and running expenses of the school (Jnana Prabodhini Vidyalay) at Village-Harali, Taluk-Lohra, District-Osmanabad, Maharashtra ; likely t cost Rs.365.77 lakhs.

Rs.18.66 lakhs

Rs.58.05 lakhs.

Rs.96.07 lakhs.

Rs.210 lakhs (including a corpus fund of Rs.125 lakhs).

Rs.53.01 lakhs.

Rs.547.35 lakhs.

Rs.384.64 lakhs (including a corpus fund of Rs.200 lakhs).

Rs.2,636 lakahs (including a corpus fund of Rs.1000 lakhs).

Rs.365.77 lakhs.

2. This notification shall remain in force for a period of three years in relation to the assessment years 2000-2001, 2001-2002 and 2002-2003 in respect of projects or schemes mentioned in the Table.

Notification: S. O. 11(E)

Section(s) Referred: 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 4/1/2000

In exercise of the powers conferred by sub-section (1) read with clause (b)of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government on the recommendations of the National Committee. Hereby amends the notificaton of the Government of India, Ministry of Finance (Department of Revenue) No. S.O. 740(E), dated the 12th October, 1994, as follows, namely :- In the said notificaton, in the Table against serial number 5 relating to Shree Bidada Sarvodaya Trust, Dadar (C.R.), Bombay-400014 in column (4) relating to maximum amount of cost to be allowed as a deduction under section 35AC, for the letters, figures and words "Rs.187.71 lakhs", the letters, figures and words "Rs.287.71 lakhs" shall be substituted.

Notification: S. O. 13(E)

Section(s) Referred: 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 4/1/2000

In exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961(43 of 1961), the Central Government on the recommendations of the National Committee, hereby amends the notification of the Government of India, Ministry of Finance (Department of Revenue) No.S.O.308(E) dated the 11th May, 1999, as follows, namely :- In the said notification, in the Table against serial number 1 relating to Shri Sai Trust, Annamalaipuram, Chennai-600028, in column (3) relating to project or scheme and estimated cost thereof, for the words and figure "Shri Sathya Sai Drinking Water Project in four districts, viz., Tirunelveli, Eerode, Dharmapuri and Tiruvellor", the words and figure "Shri Sathya Sai Drinking Water Project in five districts, viz., Tirunelveli, Erode, Dharmapuri, Tiruvellore and Kanchipuram" shall be substituted.

Notification: S. O. 14(E)

Section(s) Referred: 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 4/1/2000

Whereas by notification of the Government of India in the Ministry of Finance No.S.O.973(E), dated the 14th December, 1995, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 1, land development construction, furnishing and equipments/medicines of Vishwabalak Kendra, by children of the World (India) Trust, Tatdea, Mumbai, as an eligible project or scheme for a period of the years beginning with the assessment year 1996-97, which was extended vide S.O.399(E) dated 19th May , 1997, for a period of two more years beginning with the assessment year 1998-99; And whereas the said project or scheme is likely to extend beyond four years; And whereas the National Committee, being satisfied that the said project or scheme is being executed properly, made a further recommendation under sum-rule (5) of rule 11M of the Income-tax Rules, 1962, for specifying the said project or scheme for a further period of two years; Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961(43 of 1961), hereby specifies the scheme or project of land development construction, furnishing and equipments/medicines of Vishwabalak Kendra, which is being carried out by children of the Worlds (India) Trust, Tardeo, Mumbai, at the estimated cost of rupees one crore nineteen lakhs seventy-two thousand only, as an eligible project or scheme for a period of two years beginning with the assessment year 2000-2001.

Notification: S. O. 16(E)

Section(s) Referred: 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 4/1/2000

Whereas by notification of the Government of India in the Ministry of Finance No.S.O.206(E), dated the 17th March, 1997, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961(43 of 1961), the Central Government has specified at serial number 12, construction furnishing and equipments of Primary Health Centre at Kufri, Himachal pradesh by PHD Rural Development Foundation, opposite to Asian Games Village, New Delhi-110016, as an eligible project or scheme for a period of three years beginning with the assessment year 1997-98. And Whereas the National Committee, being satisfied that the said project or scheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the income-tax Rules, 1962, for specifying the said project or scheme for a further period of two years; Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of construction furnishing and equipments of Primary Health Centre at Kufri, Himachal Pradesh, which is being carried out by PHD rural Development Foundation, opposite to Asian Games Village, New Delhi-110016, at the estimated cost of rupees thirty two lakhs forty thousand only, as an eligible project or scheme for a further period of two years beginning with the assessment year 2000-2001.

Notification: S. O. 17(E)

Section(s) Referred: 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 4/1/2000

In exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961(43 of 1961), the Central Government on the recommendations of the National Committee, hereby amends the notification of the Government of India, Ministry of Finance (Department of Revenue) No. S. O. 698(E), dated the 3rd October, 1997, as follows, namely:- In the said notification, in the Table against serial number 2 relating to Mamta Lachmi Rotary Charitable Society, Adipur, Kutch, Gujarat, in column (4) relating to maximum amount of cost to be allowed as a deduction under section 35AC, for the letters, figures, words and brackets "Rs.38.82 lakhs (including a corpus fund of Rs.15 lakhs)" shall be substituted.

Notification: S. O. 18(E)

Section(s) Referred: 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 4/1/2000

Whereas by notification of the Government of India in the Ministry of Finance No. S. O. 469(E), dated the 2nd July, 1996, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961(43 of 1961), the Central Government had specified at serial number 8, (a) detection, prevention, research and education; (b) diagnosis, curing and operation to heat patients; (c) maintaining of Atithi Griha at Mumbai, as an eligible project or scheme for a period of three years beginning with the assessment year 1997-98. And whereas the said project or scheme is likely to extend beyond three years; And whereas the National Committee, being satisfied that the said project or scheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962, for specifying the said project or scheme for a further period of three years; Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961(43 of 1961), hereby specifies the scheme or project of (a) detection, prevention., research and education; (b) diagnosis, curing and operation to heart patients; (c) maintaining of Atithi Griha; at Mumbai in Maharashtra, which is being carried out by Mahavir Heart Research Foundatinm, Sion (East), Mumbai, at the estimated cost of rupees three crore fifteen lakhs eighty five thousand only, as an eligible project or scheme for a further period of three years beginning with the assessment year 2000-2001.

Notification: S. O. 12(E)

Section(s) Referred: 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 4/1/2000

Where by notification of the Government of India in the Ministry of Finance No. S. O. 617(E), dated the 10th August, 1992, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961(43 of 1961), the Central Government had specified at serial number 3, rehabilitation center for handicapped, by Manovikas Kendra, Calcutta, as an eligible project or scheme for a period of three years beginning with the assessment year 1993-94, which was extended vide S. O. No.580(E), dated 27th June, 1995, by a period of three more years beginning with the assessment year 1996-97, which was further extended vide S. O. 702(E), dated 3rd October, 1997, for a period of three more years beginning with the assessment year 1997-98. And whereas the said project or scheme if likely to extend beyond nine years; And whereas the National Committee, being satisfied that the said project or scheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962, for specifying the said project or scheme for a further period of two years; Now, therefore, THE central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961(43 of 19961), hereby specifies the scheme or project of rehabilitation center for handicapped, which is being carried out by Manovikas Kendra, Calcutta, at the estimated cost of rupees four crores only, as an eligible project or scheme for a further period of two years beginning with the assessment year 2000-2001.

Notification: S. O. 15(E)

Section(s) Referred: 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 4/1/2000

Whereas by notification of the Government of India in the Ministry of Finance No.S.O.887(E), dated the 22nd November, 1993, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 1 construction of eye care center in Jodhpur district of Rajasthan, by Smt. Tarabai Desai Charitable Opthalmic Trust, Shastri Nagar, Jodhpur, Rajasthan, as an eligible project or scheme for a period of two years beginning with the assessment year 1994-95, which was extended vide S. O. No.725(E), dated 17th August, 1995, for a period of three more years beginning with the assessment year 1996-97. And whereas the said project or scheme is likely to extend beyond five years; And whereas the National Committee, being satisfied that the said project or scheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962, for specifying the said project or scheme for a further period of three years; Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961(43 of 1961), hereby specifies the scheme or project of construction of eye care center in Jodhpur District of Rajasthan, which is being carried out by Smt. Tarabai Desai Charitable Opthalmic Trust, Shastri Nagar, Jodhpur, Rajasthan, at the estimated cost of rupees one crore eight lakhs thirty two thousand only, as an eligible project or scheme for a further period or scheme for a further period of three years beginning with the assessment year 2000-2001.

Notification: 11199

Section(s) Referred: s. 35(1)(iii)

Statute: INCOME TAX

Date of Issue: 6/1/2000

It is here by notified for general information that the organisations mentioned below have been approved by the Central Government for the period mentioned against their names, for the purpose of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962, under the category "Institution" subject to the following conditions :

(i) The notified Institution shall maintain separate books of accounts for its research activities ;

(ii) The notified Institution shall furnish the annual return of its scientific research activities to the Secretary, Department of Scientific & Industrial Research, Technology Bhawan, New Mehrauli Road, New Delhi-110016 for every financial year on or before 31st May of each year;

(iii) The notified Institution shall submit on behalf of the Central Government to (a) the Director General of Income-tax (Exemptions), 10 Middleton Row, 5th Floor, Calcutta-700071, (b) the Secretary, Department of Scientific & Industrial Research, and (c) the Commissioner of Income-tax/Director of Income-tax (Exemptions), having jurisdiction over the organisation, on or before the 31st October each year, a copy of its audited annual accounts and also a copy of Audited Income & Expenditure Account in respect of its research activities for which exemption was granted under sub-section (1) of section 35 of Income-tax Act, 1961 in addition to the return of income-tax to the designated Assessing Officer.

-------- S. Name of the organisation approved Period for which No. Notification is effective -------- 1. Consultancy Development Centre, 2nd Floor, Zone-IV, East Court, India Habitat 1-4-99 to 31-3-2000 Centre, Lodi Road, New Delhi 110003 [F. No. 203/50/99-ITA-II]

2. Indian Institute of Management, Bannerghata Road, Bangalore-560076 [F. 1-4-99 to 31-3-2000 No. 203/54/99-ITA-II] --------

Notification: 11200

Section(s) Referred: s. 35(1)(ii) ,r. 6

Statute: INCOME TAX

Date of Issue: 6/1/2000

It is hereby notified for general information that the organisations mentioned below have been approved by the Central Government for the period mentioned against their names, for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962, under the category "Institution" subject to the following conditions :

(i) The notified Institution shall maintain separate books of accounts for its research activities ;

(ii) The notified Institution shall furnish the annual return of its scientific research activities to the Secretary, Department of Scientific & Industrial Research, 'Technology Bhawan', New Mehrauli Road, New Delhi-110016 for every financial year on or before 31st May of each year ;

-------- S. Name of the organisation approved Period of which No. Notification is effective -------- 1. MMM Heart Foundation & Research Centre, 4A, Jayalalitha Nagar, Mogappair Chennai- 1-4-99 to 31-3-2002 600050 [F. No. 203/32/99-ITA-II]

2. Gandhi Memorial Leprosy 'Foundation, Hindinagar, Wardha-442103 [F. No. 1-4-99 to 31-3-2002 203/58/99-ITA-II] --------

Notification: 11205

Section(s) Referred: s. 10(23C)(iv) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 7/1/2000

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 India International Centre, New Delhi, for the purpose of the said sub-clause for the assessment years 2000-2001 to 2002-2003 subject to the following conditions, namely :

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established ;

(ii) the assessee will not invest or deposit its funds (other than voluntary contributions received and maintained in the form of jewellery, furniture, etc.) for any period during the previous years relevant to the assessment years mentioned above otherwise than in any one or more of the forms or modes specified in sub-section (5) of section 11;

(iii) this notification will not apply in relation to any income being profits and gains of business, unless the business is incidental to the attainment of the objectives of the assessee and separate books of accounts are maintained in respect of such business ;

(iv) The assessee will file regularly its returns of income before the Income-tax authority in accordance with the provisions of Income-tax Act, 1961.

[F. No. 197/88/99-ITA-I]

Notification: 11201

Section(s) Referred: s. 36(1)(viii) ,s. 139(1)

Statute: INCOME TAX

Date of Issue: 10/1/2000

It is notified for general information that M/s Pratima Housing Development Finance Corporation Limited has been approved by the Central Government for the purposes of section 36(1)(viii) of the Income-tax Act, 1961, for the assessment year 1999-2000.

2. The approval is subject to the condition that :

(i) the company has its main object to carrying on the business of providing long-term finance for construction or purchase of houses for residential purposes ;

(ii) the company submits every year a copy of its audited profit and loss account and balance sheet along with a statement of deduction claimed under this section before its due date for filing return of income under section 139(1) of the Income-tax Act, 1961;

(iii) the special reserve as required is created and maintained as per the Act; and

(iv) all other conditions contained in section 36(1)(viii) of the Income-tax Act, 1961, are fulfilled.

[F. No. 204/26/93-ITA-II]

Notification: 11202

Section(s) Referred: s. 90

Statute: INCOME TAX

Date of Issue: 12/1/2000

Notification No. 11202, dt. 12th Jan., 2000

Whereas the annexed Second Protocol to the Convention between the Government of the Republic of India and the Government of New Zealand for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income comes into force on 30th December, 1999, thirty days after the date of receipt of later of notifications by both the Contracting States to each other, under Article 9 of the Second Protocol, of the completion of the procedures required under their respective laws for bringing into force of the said Second Protocol.

Now, therefore, in exercise of the powers conferred by section 90 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby directs that all the provisions of the said Second Protocol shall be given effect to in the Union of India.

ANNEXURE SECOND PROTOCOL TO THE CONVENTION BETWEEN THE GOVERNMENT OF THE REPUBLIC OF INDIA AND THE GOVERNMENT OF NEW ZEALAND FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME

The Government of the Republic of India and the Government of New Zealand,

Having regard to the Convention between the Government of the Republic of India and the Government of New Zealand for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income done at Auckland on the 17th day of October, 1986 (hereinafter referred to as "the Convention").

Have agreed as follows :

ARTICLE 1 Paragraph 1(a)(ii) of Article 3 of the Convention is replaced by the following :

"(ii) the term "India" means the territory of India and includes the territorial sea and the airspace above it, as well as any other maritime zone in which India has sovereign rights, other rights and jurisdiction, according to the Indian law and in accordance with international law, including the U.N. Convention on the Law of the Sea; "

ARTICLE 2

Paragraph 3 of Article 4 of the Convention is replaced by the following :

"3. Where by reason of the provisions of paragraph 1 a person other than an individual is a resident of both Contracting States, then it shall be deemed to be a resident of the State in which its place of effective management is situated. If the State in which its place of effective management is situated cannot be determined, then the competent authorities of the Contracting States shall settle the question by mutual agreement."

ARTICLE 3

Paragraph 1 of Article 6 of the Convention is replaced by the following :

1. Income derived by a resident of a Contracting State from immovable property (including income from agriculture or forestry) situated in the other Contracting State may also be taxed in that other State."

ARTICLE 4

In paragraph 2 of Article 10 of Convention, "20 per cent" is replaced by "15 per cent".

ARTICLE 5

In paragraph 2 of Article 11 of the Convention, "15 per cent" is replaced by "10 per cent".

ARTICLE 6

In paragraph 2 of Article 12 of the Convention, "30 per cent" is replaced by "10 per cent".

ARTICLE 7

Paragraph 1 of Article 13 of the Convention is replaced by the following :

"1. Income or gains derived by a resident of a Contracting State from the alienation of immovable property referred to in Article 6 and situated in the other Contracting State may also be taxed in that other State."

ARTICLE 8

1. Paragraph 2 of Article 24 of the Convention is replaced by the following :

"2. The taxation on a permanent establishment which an enterprise of a Contracting State has in the other Contracting State shall not be less favourably levied in that other State than the taxation levied on enterprises of that State carrying on the same activities. This provision shall not be construed as preventing a Contracting State from charging the profits of a permanent establishment which a company of the other Contracting State has in the first-mentioned State at a rate of tax which is higher than that imposed on the profits of a similar company of the first-mentioned Contracting State."

2. A new paragraph 5 is inserted immediately after paragraph 4 of Article 24 of the Convention and the original paragraph 5 of the Article is renumbered paragraph 6.

"5. This Article shall not apply to any provisions of the taxation laws of a Contracting State which are reasonably designed to prevent or defeat the avoidance or evasion of taxes."

ARTICLE 9

1. The Contracting States shall notify each other through diplomatic channels of the completion of the procedures required by the respective laws for the entry into force of this Protocol.

2. This Protocol shall enter into force 30 days after the date of receipt of the later of the notifications referred to in paragraph 1 of this Article and its provisions shall have effect :

(a) in New Zealand : for any income year beginning on or after 1st April in the calendar year next following the date on which the Protocol enters into force ;

(b) in India : for any "previous year" (as defined in the Income-tax Act, 1961) beginning on or after 1st April in the calendar year next following the date on which the Protocol enters into force.

In witness whereof the undersigned, duly authorised by their respective Governments, have signed this Protocol.

Done in duplicate at New Delhi this twenty-first day of June, 1999 in the Hindi and English languages, both texts being equally authentic. In case of divergence between the two texts, the English text shall be the operative one.

For the Government of the Republic of For the Government of New India Zealand Sd/- Sd/- (Ravi Kant) (Adrian G. Simcock)

[F. No. 500/151/93-FTD]

Notification: 11203

Section(s) Referred: s. 80G(2)(b)

Statute: INCOME TAX

Date of Issue: 12/1/2000

In exercise of the powers conferred by the clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the "Shri Mahakaleshwar Mandir Samity, Ujjain" to be a place of public worship of renown throughout the State of M.P. for the purpose of the said section.

The notification will be valid only for the repair/renovation work to the extent of Rs, 226 lakhs (Rupees Two hundred twenty-six lakhs only) and will cease to be effective after the said amount has been collected or 31st March, 2000, whichever is earlier.

[F. No. 176/76/94-ITA-I]

Notification: 11204

Section(s) Referred: s. 80L(1)(ii)

Statute: INCOME TAX

Date of Issue: 12/1/2000

In exercise of the powers conferred by clause (ii) of sub-section (1) of section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby specifies the debentures, in the nature of bonds, namely :

(i) the Industrial Development Bank of India Regular Income Bond bearing distinctive numbers from 0000001 to 2337495 of the face value of rupees five thousand each;

(ii) the Industrial Development Bank of India Growing Interest Board bearing distinctive numbers from 3000001 to 3086766 of the face value of rupees five thousand each ;

(iii) the Industrial Development Bank of India Retirement Bond bearing distinctive numbers from 3100001 to 3116511 of the face value of rupees five thousand cash; and

(iv) the Industrial Development Bank of India Infrastructure (tax-saving) Bond bearing distinctive numbers from 3150001 to 3709228 of the face value of rupees five thousand each,

issued from 22nd February, 1999 to 15th March, 1999 by the Industrial Development Bank of India, Mumbai, a Corporation established under section 3 of the Industrial Development Bank of India Act, 1964 (10 of 1964) in its public issue of bonds in Flexibonds-6 series, for the purposes of the said clause.

[F. No. 178/14/99-ITA-I]

Notification: 11206

Section(s) Referred: s. 10(23C)(iv) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 19/1/2000

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 Indira Gandhi Memorial Trust, New Delhi for the purpose of the said sub-clause for the assessment years 1999-2000 to 2001-2002 subject to the following conditions, namely :

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established ;

(ii) the assessee will not invest or deposit its funds (other than voluntary contributions received and maintained in the form of jewellery, furniture, etc.,) for any period during the previous years relevant to the assessment years mentioned above otherwise than in any one or more of the forms or modes specified in sub-section (5) of section 11;

(iv) The assessee will regularly file its returns of income before the Income-tax authority in accordance with the provisions of Income-tax Act, 1961.

[F.No. 197/134/99-ITA-I]

Notification: 11207

Section(s) Referred: s. 10(23G) ,r. 2E ,r. 2E(7)

Statute: INCOME TAX

Date of Issue: 19/1/2000

It is notified for general information that undertaking, listed at para (3) below have been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961 read with rule 2E of the Income-tax Rules, 1962 for the assessment years 2000-2001, 2001-2002 and 2002-2003.

2. The approval is subject to the condition that :

(i) the undertaking will conform to and comply with the provisions of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962;

(ii) the undertaking will conform to and comply with the terms and conditions and other matters connected or incidental thereto mentioned in the annexure to Notification No. 11174 dated 20th December, 1999 [published at (2000) 158 CTR (St) 13], issued by Central Board of Direct Taxes, Department of Revenue Ministry of Finance, Government of India;

(iii) the Central Government shall withdraw this approval if the enterprise/industrial undertaking : (a) ceases to carry on ifrastructrure facility; or

(b) fails to maintain books of account and get such accounts audited by an accountant as required by sub-rule (7) of rule 2E of the IT Rules, 1962; or

3. The undertakings approved is : Development, Maintenance and Operations of Software Technology Park at Chennai for information technology/software technology, being an industrial park, by M/s. Tidel Park Limited, 19A, Rukmani Lakshmipathy Salai, Egmore Chennai-600008.

[F.No. 205/101/99-ITA-I]

Notification: 11208

Section(s) Referred: s. 36(1)(viii)

Statute: INCOME TAX

Date of Issue: 19/1/2000

It is notified for general information that M/s Delhi Financial Corporation, Delhi has been approved by the Central Government as a Corporation engaged for providing long-term finance of industrial development in the country for the purposes of section 36(1)(viii) of the Income-tax Act, 1961, for the assessment year 1999-2000. 2. The approval is subject to the condition that the Corporation will confirm to and comply with the provisions of section 36(1)(viii) of the Income-tax Act, 1961.

[F. No. 204/9/97/ITA.II]

Notification: 11209

Section(s) Referred: s. 10(23G) ,r. 2E ,r. 2E(7)

Statute: INCOME TAX

Date of Issue: 19/1/2000

It is notified for general information that enterprises/industrial undertakings, listed at para (3) below have been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 1999-2000, 2000-2001 and 2001-2002.

2. The approval is subject to the condition that :

(i) the enterprise/industrial undertaking will conform to and comply with the provisions of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962;

(ii) the Central Government shall withdraw this approval if the enterprise/industrial undertaking :

(a) ceases to carry on infrastructure facility; or

(b) fails to maintain books of account and get such accounts audited by an accountant as required by sub-rule (7) of rule 2E of the IT Rules, 1962; or

3. The enterprises/industrial undertakings approved are :

(i) 116 MW Combined Cycle Cogeneration Power Plant at Haldia, West Bengal of M/s HPL Cogeneration Limited, 3B Shakespeare Sarani, Calcutta-700071. (F. No. 205/143/99-ITA-II)

(ii) 3 x 20 MW Rangit Hydro Electric Project, Sikkim and 3x130 MW Dulhasti Hydro Electric Project, J&K of M/s National Hydro Electric Power Corporation Ltd., NHPC Office Complex, Sector-33, Faribadad - 121003. (F.No. 205/49/98-ITA-II)

(iii) Development, construction, commissioning, operation and maintenance of 30 MLD Borai Industrial Growth Centre Water Supply Project on B.O.O.T basis by M/s Radius Water Ltd., 57-58, Vardhnan Nagar, Great Eastern Road, Rajnandgaon-491441, Madhya Pradesh, under the agreement dt. 5th October, 1998 between M.P. Aydyogik Kendra Vikas Nigam (R) Ltd. Raipur including State of Madhya Pradesh and M/s Radius Water Ltd. (F.No. 205/147/99-ITA-II)

(iv) 2x750 KW Mini Hydel Power Plant at 2nd Mile on Ongole Branch Canal in Darsi village, Krakasham Distt, Andhra Pradesh of M/s SKJ Power Projects Limited, Plot No. 14, Krishna Nagar Colony, Picket, Secunderabad-500009 (F.No. 205/154/99-ITA-II)

Notification: 11210

Section(s) Referred: s. 35(1)(ii) ,r. 6

Statute: INCOME TAX

Date of Issue: 19/1/2000

It is hereby notified for general information that the organisations mentioned below have been approved by the Central Government for the period mentioned against their names, for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962 under the category "Institution" subject to the following conditions :

(i) The notified Institution shall maintain separate books of accounts for its research activities ;

(iii) The notified Institution shall submit, on behalf of the Central Government, to (a) the Director General of Income-tax (Exemptions), 10 Middleton Row, 5th Floor, Calcutta-700071, (b) the Secretary, Department of Scientific & Industrial Research, and (c) the Commissioner of Income-tax/Director of Income-tax (Exemptions), having jurisdiction over the organisation, on or before the 31st October each year, a copy of its audited annual accounts and also a copy of audited Income & Expenditure Account in respect of its research activities for which exemption was granted under sub-section (1) of section 35 of Income-tax Act, 1961 in addition to the return of income-tax to the designated Assessing Officer.

-------- S. Name of the organisation approved Period for which No. Notification is effective -------- 1. Bhagwan Mahavir Medical Research Centre, 10-1-1, Bhagwan Mahavir Marg, A.C. Guards, Hyderabad-500004. [F. No. 1-4-99 to 31-3-2002 203/62/99-ITA-II]

2. Eye Research Centre, 13, Cathedral Road, Chennai-600086, [F. No. 203/1/2000-ITA-II] 1-4-99 to 31-3-2000 --------

Notification: 11211

Section(s) Referred: s. 10(22B)

Statute: INCOME TAX

Date of Issue: 25/1/2000

In exercise of the powers conferred by clause (22B) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the Press Trust of India Limited, New Delhi as a news agency set up in India solely for collection and distribution of news for the purposes of said clause for the assessment years 2000-2001 to 2002-2003.

[F. No. 165/1/99-ITA-I]

Notification: 11212

Section(s) Referred: s. 35(1)(ii)

Statute: INCOME TAX

Date of Issue: 25/1/2000

It is hereby notified for general information that the organisation mentioned below have been approved by the Central Government for the period mentioned against their names, for the purpose of clause (ii) of sub-section (1) of section 35 of the IT Act, 1961, read with Rule 6 of the Income-tax Rules, 1962, under the category "University" subject to the following conditions :

(i) The notified University shall maintain separate books of accounts for its research activities;

(ii) The notified University shall furnish the annual return of its scientific research activities to the Secretary, Department of Scientific & Industrial Research, "Technology Bhawan', New Mehrauli Road, New Delhi-110016 for every financial year on or before 31st May of each year;

(iii) The notified university shall submit on behalf of the Central Government to (a) the Director General of Income-tax (Exemptions), 10 Middleton Row, 5th Floor, Calcutta-700071, (b) the Secretary, Department of Scientific & Industrial Research, and (c) the Commissioner of Income-tax/Director of Income-tax (Exemptions), having jurisdiction over the organisation, on or before the 31st October each year, a copy of its audited annual accounts and also a copy of Audited Income & Expenditure Account in respect of its research activities for which exemption was granted under sub-s. (1) of s. 35 of Income-tax Act, 1961 in addition to the return of income-tax to the designated Assessing Officer.

-------- S. Name of the Organisation approved Period for which Notification No. is effective -------- 1. The Tamilnadu Dr. M.G.R. Medical University, 40, Anna Salai, Guindy, 1-4-99 to 31-3-2000 Chennai-600032. --------

[F. No. 203/129/99 ITA-II]

Notification: 11213

Section(s) Referred: s. 35(1)(ii) ,r. 6

Statute: INCOME TAX

Date of Issue: 25/1/2000

It is hereby notified for general information that the organisations mentioned below have been approved by the Central Government for the period mentioned against their names, for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with Rule 6 of the Income-tax Rules, 1962, under the category "Institution" subject to the following conditions :

(i) The notified Institution shall maintain separate books of accounts for its research activities ;

(iii) The notified 'Institution shall submit on behalf of the Central Government to : (a) the Director General of Income-tax (Exemptions), 10 Middleton Row, 5th Floor, Calcutta-700071, (b) the Secretary, Department of Scientific & Industrial Research, and (c) the Commissioner of Income-tax/Director of Income-tax (Exemptions), having jurisdiction over the organisation, on or before the 31st October each year, a copy of its audited annual accounts and also a copy of Audited Income & Expenditure Account in respect of its research activities for which exemption was granted under sub-section (1) of section 35 of Income-tax Act, 1961 in addition to the return of income-tax to the designated Assessing Officer.

-------- S. Name of the organisation approved Period of which No. Notification is effective --------

1. Delhi Library Network (DELNET), 40, Max Mueller Marg, Lodi Estate, New Delhi- 1-4-99 to 31-3-2001 110003 [F. No. 203/9/2000-ITA-II]

2. National Ship Design & Research Centre, Gandhigram, Visakhapatnam-530005(AP) [F. 1-4-99 to 31-3-2001 No. 203/6/2000-ITA-II] --------

[F. No. 203/9/2000-ITA-II & Ors]

Notification: 11214

Section(s) Referred: s. 35(1)(ii) ,r. 6

Statute: INCOME TAX

Date of Issue: 25/1/2000

It is hereby notified for general information that the organisations mentioned below have been approved by the Central Government for the period mentioned against their names, for the purpose of clause (ii) of sub-section (1) of section 35 of the IT Act, 1961, read with Rule 6 of the Income-tax Rules, 1962, under the category "Institution" subject to the following conditions :

(i) The notified Institution shall maintain separate books of accounts for its research activities;

(ii) The notified Institution shall furnish the annual return of its scientific research activities to the Secretary, Department of Scientific & Industrial Research, "Technology Bhawan', New Mehrauli Road, New Delhi-110016 for every financial year on or before 31st May of each year ;

(iii) The notified Institution shall submit on behalf of the Central Government to (a) the Director General of Income-tax (Exemptions), 10 Middleton Row, 5th Floor, Calcutta-700071 (b) the Secretary, Department of Scientific & Industrial Research, and (c) the Commissioner of Income-tax/Director of Income-tax (Exemptions), having jurisdiction over the organisation, on or before the 31st October each year, a copy of its audited annual accounts and also a copy of Audited Income & Expenditure Account in respect of its research activities for which exemption was granted under sub-s. (1) of s. 35 of Income-tax Act, 1961 in addition to the return of income-tax to the designated Assessing Officer.

-------- S. Name of the organisation approved Period for which No. Notification is effective -------- 1. Cancer Institute (W.I.A.), Adyar, Chennai- 600020 1-4-99----31-3-2002

2. Indian Cancer Society, Solapur Branch, 8389/2-B, Railway Lines, Solapur-413003 1-4-99---31-3-2002

3. Lilavati Kirtilal Mehta Medical Trust, A-791, Bandra Reclamation Bandra (West), Mumbai-400056. 1-4-99---31-3-2000

4. The Gujarat Research & Medical Institute, Camp Road, Shahi Baug, Ahmedabad- 380004 1-4-99---31-3-2000

5. Institute for Design of Electrical Measuring Instruments, Swantantrayaveer Tatya Tope Marg, Chunabhatti, Sion P.O. Mumbai- 400022 1-4-99 ---31-3-2001

6. Vivekananda Kendra Yoga Research Foundation, "Ekrath Bhawan", 19, Gavipuram Circle, K.G. Nagar, Bangalore- 560019 1-4-99 ---31-3-2000

7. National Society for the Prevention of Blindness, India, Dr. Rajendra Prasad Centre for Ophthalmic Sciences, AIIMS, Ansari Nagar, New Delhi-110029 1-4-99 ---31-3-2002

8. Haffkine Institute for Training Research & Testing, Parel, Mumbai-400012 1-4-99 ---31-3-2002

9. Technological Nursery for Optics Research & Development, D-5, Dronacharya Apartments, Mayur Vihar, Phase-I, Extension, Delhi-110091 1-4-99 ---31-3-2000

10. The Foundation for Medical Research, 84-A, R.G. Thadani Marg, Worli, Mumbai-400018 1-4-99 ---31-3-2001

11. K.E.M. Hospital Research Centre, Sardar Mudliar Road, Rastapeth, Pune-411011 1-4-99 ---31-3-2002

12. Shriram Scientific & Industrial Research Foundation, Sanskriti Bhawan, Jhandewalan, New Delhi-110055 1-4-99 ---31-3-2000

13. Tuberculosis Research Centre, C/o Shri K.J. Mehta, TB Hospital, Amargadh-364210, Distt. Bhavnagar 1-4-99 ---31-3-2002

14. Indian Institute of Chemical Engineers, Dr. H.L. Roy Building, Raja Subodh Mullick Road, Calcutta-700032 1-4-99---31-3-2002

15. Gujarat Cancer Society, N.C.H. Compound, Asarwa, Ahmedabad-380016 1-4-99 ---31-3-2001

16. Institute of Cardiolgy & Research Centre, Civil Hospital, Ahmedabad-380016 1-4-99--- 31-3-2001

17. Indian Cancer Society, 74, Jarbai Wadia Road, Parel, Mumbai-400012 1-4-99 ---31-3-2002

18. SPIC Science Foundation, 97, Mount Road, Guindy, Chennai-600032 1-4-99 ---31-3-2002

19. ENAR Foundation Research Centre, National Highway No.-8, Village Dharagire, P.O. Kablipore Via Navsari-396424, Gujarat 1-4-99---31-3-2000

20. Kaivalyadhama Shriman Madhava Yoga Mandir Samiti, Lonavala-410403, Distt. Pune 1-4-99---31-3-2001 --------

[F. No. 203/29/99-ITA-II]

Notification: 603

Section(s) Referred: s. 10(22B)

Statute: INCOME TAX

Date of Issue: 25/1/2000

In exercise of the powers conferred by clause (22B) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies in the Press Trust of India Limited, New Delhi, as a news agency set up in India solely for collection and distribution of news for the purposes of said clause for the assessment years 2000-2001 to 2002-2003.

[Notification No. 11211/F. No. 165/1/99-ITA-I]

Notification: 11215

Section(s) Referred: s. 35(1)(ii) ,r. 6

Statute: INCOME TAX

Date of Issue: 27/1/2000

It is hereby notified for general information that the organisations mentioned below have been approved by the Central Government for the period mentioned against their names, for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with Rule 6 of the Income-tax Rules, 1962, under the category "Association" subject to the following conditions :

(i) The notified Association shall maintain separate books of accounts for its research activities ;

(ii) The notified Association shall furnish the annual return of its scientific research activities to the Secretary, Department of Scientific & Industrial Research, "Technology Bhawan', New Mehrauli Road, New Delhi-110016 for every financial year on or before 31st May of each year ;

(iii) The notified Association shall submit on behalf of the Central Government to : (a) the Director General of Income-tax (Exemptions), 10 Middleton Row, 5th Floor, Calcutta-700071, (b) the Secretary, Department of Scientific & Industrial Research, and (c) the Commissioner of Income-tax/Director of Income-tax (Exemptions), having jurisdiction over the organisation, on or before the 31st October each year, a copy of its audited annual accounts and also a copy of Audited Income & Expenditure Account in respect of its research activities for which exemption was granted under sub-section (1) of section 35 of Income-tax Act, 1961 in addition to the return of income-tax to the designated Assessing Officer.

------- S. Name of the organisation approved Period for which No. Notification is effective ------- 1. National Institute of Miner's Health, Sri Krishnarajendra Road, Marikuppam Post, KGF 563119 (Karnataka State) 1-4-99 to 31-3-2000

2. Madras Diabetes Research Foundation, 35, Conran Smith Road, Gopalpuram, Chennai- 600086. 1-4-99 to 31-3-2002

3. Associated Electronics Research Foundation, 5A/1, 2 & 3, Ansari Road, Darya Ganj, New Delhi-110002 1-4-99 to 31-3-2000

4. Mandke Foundation, 32, "White Hall", 3rd Floor, 143, August Kranti Marg, Kemp's Corner, Mumbai-400036 1-4-99 to 31-3-2000

5. Fluorosis Research & Rural Development Foundation, C-II/30, Ansari Nagar, New Delhi- 110029 1-4-99 to 31-3-2000

6. Dabur Research Foundation, 8/3, Asaf Ali Road, New Delhi- 110002 1-4-99 to 31-3-2001

7. Dr. Reddy Research Foundation, 7-I-27, Ameerpet, Hyderabad-500016 1-4-99 to 31-3-2001

8. Madras Institute of Magnetobiology, 52-A, A.K. Block, 7th Main Road, Anna Nagar, Chennai-600040 1-4-99 to 31-3-2001

9. The Karnataka Institute of Applied Agricultural Research, Tal Mudhol, Distt., Bijapur, Sameerwadi-587316, Karnataka State 1-4-99 to 31-3-2000

10. Indo-French Centre for the Promotion of Advanced Research, Core A, Ground Floor, India Habitat Centre, Lodhi Road, New Delhi- 110003 1-4-99 to 31-3-2000 -------

[F. No. 203/29/99-ITA-II]

Notification: 11216

Section(s) Referred: s. 35(1)(ii) ,r. 6

Statute: INCOME TAX

Date of Issue: 27/1/2000

It is hereby notified for general information that the organisations mentioned below have been approved by the Central Government for the period mentioned against their names, for the purpose of clause (ii) of sub-section (1) of section 35 of the IT Act, 1961, read with Rule 6 of the Income-tax Rules, 1962, under the category "Association" subject to the following conditions :

(i) The notified Association shall maintain separate books of accounts for its research activities ;

(iii) The notified Association shall submit, on behalf of the Central Government to : (a) the Director General of Income-tax (Exemptions), 10 Middleton Row, 5th Floor, Calcutta-700071, (b) the Secretary, Department of Scientific & Industrial Research, and (c) the Commissioner of Income-tax/Director of Income-tax (Exemptions), having jurisdiction over the organisation, on or before the 31st October each year, a copy of its audited annual accounts and also a copy of Audited Income & Expenditure Account in respect of its research activities for which exemption was granted under sub-s. (1) of s. 35 of Income-tax Act, 1961, in addition to the return of income-tax to the designated Assessing Officer.

-------- S. Name of the Organisation approved Period for which No. Notification is effective -------- 1 . Indian Jute Industries Research Association, 17, Taratola Road, Calcutta- 700088 [F. No. 203/5/2000-ITA-II] 1-4-1999 to 31-3-2000

2. Indian Register of Shipping, 72, Maker Towers, "F" 7th Floor, Cuffe Parade, Mumbai-400005 [F. No. 203/11/99-ITA-II] 1-4-1999 to 31-3-2001 --------

[F. No. 203/5/2000-ITA-II & Ors.]

Notification: 11217

Section(s) Referred: s. 35(1)(iii) ,r. 6

Statute: INCOME TAX

Date of Issue: 27/1/2000

It is hereby notified for general information that the organisations mentioned below have been approved by the Central Government for the period mentioned against their names, for the purpose of clause (iii) of sub-section (1) of section 35 of the IT Act, 1961, read with Rule 6 of the Income-tax Rules, 1962, under the category "Institution" subject to the following conditions :

(i) The notified Institution shall maintain separate books of accounts for its research activities ;

(iii) The notified Institution shall submit on behalf of the Central Government to : (a) the Director General of Income-tax (Exemptions), 10 Middleton Row, 5th Floor, Calcutta-700071, (b) the Secretary, Department of Scientific & Industrial Research, and (c) the Commissioner of Income-tax/Director of Income-tax (Exemptions), having jurisdiction over the organisation, on or before the 31st October each year, a copy of its audited annual accounts and also a copy of Audited Income & Expenditure Account in respect of its research activities for which exemption was granted under sub-s. (1) of s. 35 of Income-tax Act, 1961 in addition to the return of income-tax to the designated Assessing Officer.

-------- S. Name of the Organisation approved Period for which No. Notification is effective -------- 1. Social Policy Research Institute, 5-D, Jhalana Institutional Area, Jaipur-302004 [F. No. 203/4/2000-ITA-II] 1-4-99 to 31-3-2002

2. The Indian Society of Agricultural Economics, 46/48, Esplanade Mansion, M.G. Road, Mumbai-400001 [F. No. 203/3/2000-ITA-III] 1-4-99 to 31-3-2002

3. Vaikunthbhai Mehta Research Centre for Decentralised Industries, Plot No. 107, Sector-15, P.O. Konkan Bhawan, CBD Belapur, New Mumbai-400614 [F. No. 203/2/2000-ITA-II] 1-4-99 to 31-3-2001

4. Parshwanath Vidya Peeth, 20/6, Mathura Road, Faridabad- 121006 [F. No. 203/10/2000-ITA-II] 1-4-99 to 31-3-2000

5. Dharam Hinduja International Centre for India Research, C-141, Preet Vihar, Delhi- 110092 [F. No. 203/8/2000-ITA-II] 1-4-99 to 31-3-2000 --------

[F.No. 203/4/2000-ITA-II & Ors.]

Notification: 11218

Section(s) Referred: s. 10(23G) ,r. 2E ,r. 2E(7)

Statute: INCOME TAX

Date of Issue: 27/1/2000

It is notified for general information that enterprise/industrial undertaking, listed at para (3) below has been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 1999-2000, 2000-2001 and 2001-2002.

2. The approval is subject to the condition that :

(i) the enterprise/industrial undertaking will conform to and comply with the provisions of section 10(23G) of the Income-tax Act, 1961, read with 2E of the Income-tax Rules, 1962;

(ii) the Central Government shall withdraw this approval if the enterprise/ industrial undertaking ;

(a) ceases to carry on infrastructure facility; or

(b) fails to maintain books of account and get such accounts audited by an accountant as required by sub-rule (7) of rule 2E of the Income-tax Rules, 1962; or

3. The enterprises/industrial undertaking approved is ---- 3x135 Ranganandi Hydro Electric Power Project at Arunachal Pradesh and 3x25 Doyang Hydro Electric Power Project at Nagaland of M/s North Eastern Electric Power Corporation Ltd. (Government of India Undertaking), Brookland Compound, Lower New Colony, Shillong-793003.

[F. No. 205/133/99/ITA-II]

Notification: 11219

Section(s) Referred: s. 35(1)(iii) ,r. 6

Statute: INCOME TAX

Date of Issue: 28/1/2000

It is hereby notified for general information that the organisations mentioned below have been approved by the Central Government for the period mentioned against their names, for the purpose of clause (iii) of sub-section (1) of section 35 of the IT Act, 1961, read with Rule 6 of the Income-tax Rules, 1962, under the category "Institution" subject to the following conditions :

(i) The notified Institution shall maintain separate books of accounts for its research activities;

-------- S. Name of the organisation approved Period for which No. Notification is effective -------- 1. The Kerala History Association, Hospital Road, Chochin-682011 11-4-99 to 31-3-2001

2. Madras School of Economics, Gandhi Mandapam Road, Chennai-600025. 1-4-99 ---31-3-2002

3. Giri Institute of Development Studies, Sector-O, Aliganj Housing Scheme, Lucknow-226024 1-4-99 ---31-3-2000

4. Indian Institute of Psychimetry, Evergreen Plaza (2nd to 5th Floor), 117, B.T. Road, Calcutta-700035 1-4-99 to 31-3-2002

5. Institute of Public Enterprise, Jainyarjangu Circle, Osmania University, Hyderabad- 500007 1-4-99 ---31-3-2001

6. The K.R. Cama Oriental Institute, 136, Bombay, Samachar Marg, Opp. Lion Gate, Fort, Mumbai-400023 1-4-99 ---31-3-2000

7. T.V.S. Educational Society, "Jayalakshmi Estates", No. 8, Haddows Road, Chennai- 600006. 1-4-99---31-3-2000 --------

[F.No. 203/29/99-ITA-II]

Notification: 11220

Section(s) Referred: s. 10(23E) ,s. 4A(2)

Statute: INCOME TAX

Date of Issue: 28/1/2000

In exercise of the powers conferred by sub-clause (23E) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies "Exchange Risk Administration Fund" set up by Indian Renewable Energy Development Agency Limited, a public financial institution notified under sub-section (2) of section 4A of the Companies Act, 1956 (1 of 1956), for the purpose of the said clause.

[F. No. 194/5/99-ITA-I]

Notification: 11222

Section(s) Referred: s. 10(23G) ,r. 2E ,r. 2E(7)

Statute: INCOME TAX

Date of Issue: 1/2/2000

It is notified for general information that undertaking, listed at para (3) below have been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules 1962, for the assessment years 2000-2001, 2001-2002 and 2002-2003.

2. The approval is subject to the conditions that :

(i) the undertaking will conform to and comply with the provisions of section 10(23G) of the IT Act, 1961 read with rule 2E of the Income-tax Rules, 1962 ;

(ii) the undertaking will conform to and comply with the terms and conditions and other matters connected or incidental thereto mentioned in the annexure to Notification No. 11174 dt. 20th Dec., 1999 [published at (2000) 158 CTR (St) 13], issued by Central Board of Direct Taxes, Department of Revenue, Ministry of Finance, Government of India.

(iii) the Central Government shall withdraw this approval if the enterprise/ industrial undertaking :

(a) ceases to carry on infrastructure facility; or

(b) fails to maintain books of account and get such accounts audited by an accountant as required by sub-rule (7) of rule 2E of the Income-tax Rules, 1962; or

3. The undertakings approved is---development, maintenance and operation of Agro and Food Processing Industrial Park at 5Km Milestone, Masuri Gulawati Road, District Ghaziabad, Uttar Pradesh, by M/s Wise Industrial Park Limited, 23, Basant Lok, Vasant Vihar, New Delhi-110057.

[F.No. 205/84/99 ITA-II]

Notification: 11223

Section(s) Referred: s. 36(1)(viii)

Statute: INCOME TAX

Date of Issue: 2/2/2000

It is notified for general information that M/s Tourism Finance Corporation of India Limited, New Delhi, has been approved by the Central Government as a Corporation engaged for providing long-term finance for industrial development in the country for the purposes of section 36(1)(viii) of the Income-tax Act, 1961, for the assessment years 1996-97 to 1999-2000.

2. The approval is subject to the condition that the company will conform to and comply with the provisions of section 36(1)(viii) of the Income-tax Act, 1961.

[F.No. 204/37/95/ITA.II]

Notification: 11224

Section(s) Referred: s. 10(23G) ,r. 2E ,r. 2E(7)

Statute: INCOME TAX

Date of Issue: 2/2/2000

It is notified for general information that the enterprise, listed at para (3) below has been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules 1962, for the assessment years 1999-2000, 2000-2001 and 2001-2002.

2. The approval is subject to the condition that :

(i) the enterprise will conform to any comply with the provisions of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962;

(ii) the Central Government shall withdraw this approval if the enterprise :

(a) ceases to carry on infrastructure facility ; or

(b) fails to maintain books of account and get such accounts audited by an accountant as required by sub-rule (7) of rule 2E of the Income-tax Rules, 1962; or

3. The enterprises/industrial undertakings approved is : Cellular Mobile Telephone Service in Tamilnadu Circle of M/s Aircel Limited, 19 Cathedral Garden Road, Nungambakkam, Chennai-600034, under the licence agreement No. 842-92/97-VAS dt. 22nd May, 1998 between President of India, acting through Director (VAS-I), Department of Telecommunication and M/s Srinivas Cellcom Limited.

[F.No. 205/178/99---ITA-II]

Notification: 11225

Section(s) Referred: s. 10(23C)(v) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 3/2/2000

In exercise of the powers conferred by sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies "Shri Krishna Janmasthan Seva Sansthan, Mathura" for the purpose of the said sub-clause for the assessment years 1999-2000 to 2001-2002 subject to the following conditions, namely :

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established;

(ii) the assessee will not invest or deposit its funds (other than voluntary contributions received and maintained in the form of jewellery, furniture etc.) for any period during the previous years relevant to the assessment years mentioned above otherwise than in any one or more of the forms or modes specified in sub-section (5) of section 11;

(iv) the assessee will regularly file its return of income before the income-tax authority in accordance with the provision of Income-tax Act, 1961.

[F. No. 197/39/99---ITA.I]

Notification: 11226

Section(s) Referred: s. 10(23C)(iv) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 3/2/2000

In exercise of the powers conferred by the sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Sant Nirankari Mandal, Delhi" for the purpose of the said sub-clause for the assessment years 2001-2002 to 2003-2004 subject to the following conditions, namely :

(i) the assessee will apply its income, or accumulate, for application, wholly and exclusively to the objects for which it is established ;

(ii) the assessee will not invest or deposit its funds (other than voluntary contributions received and maintained in the form of jewellery, furniture, etc.) for any period during the previous years relevant to the assessment years mentioned above other wise than in any one or more of the forms or modes specified in sub-section (5) of section 11;

(iv) the assessee will regularly file its return of income before the Income-tax authority in accordance with the provisions of Income-tax Act, 1961.

[F.No. 197/2/2000---ITA. I]

Notification: 11227

Section(s) Referred: s. 10(23C)(v) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 3/2/2000

In exercise of the powers conferred by the sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Sri Sri Thakur Ram Chandra Dev. Association, New Delhi" for the purpose of the said sub-clause for the assessment years 1999-2000 to 2001-2002 subject to the following conditions, namely :

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established;

(iv) The assessee will regularly file its return of income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[F.No. 197/142/99---ITA-I]

Notification: 11228

Section(s) Referred: s. 10(23)(iv) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 3/2/2000

In exercise of the powers conferred by the sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Seva Mandir", Udaipur (Rajasthan) for the purpose of the said sub-clause for the assessment years 1998-1999 to 2000-2001 subject to the following conditions, namely :

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established ;

(ii) the assessee will not invest or deposit its funds (other than voluntary contributions received and maintained in the form of jewellery, furniture, etc.) for any period during the previous years relevant to the assessments years mentioned above otherwise than in any one or more of the forms or modes specified in sub-section (5) of section 11 ;

(iv) the assessee will regularly file its return of income before the Income-tax authority in accordance with the provisions of Income-tax Act, 1961.

[F.No. 197/121/99---ITA. I]

Notification: 11229

Section(s) Referred: s. 10(23C)(iv) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 3/2/2000

In exercise of the powers conferred by the sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Sant Shri Asharam Ashram, Gujarat" for the purpose of the said sub-clause for the assessment years 1999-2000 to 2001-2002 subject to the following conditions, namely :

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established ;

(iv) The assessee will regularly file its return of income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[F. No. 197/147/99---ITA-I]

Notification: 604

Section(s) Referred: 10(23C)(v)

Statute: INCOME TAX

Date of Issue: 3/2/2000

In exercise of the powers conferred by sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies "Shri Krishna Janmasthan Seva Sansthan, Mathura", for the purpose of the said sub-clause for the assessment years 1999-2000 to 2001-2002 subject to the following conditions, namely:--

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established;

(ii) the assessee will not invest or deposit its funds (other than voluntary contributions received and maintained in the form of jewellery, furniture, etc.) for any period during the previous years relevant to the assessement years mentioned above otherwise than in any one or more of the forms of modes specified in sub-section (5) of section 11;

(iii) this notification will not apply in relation to any income being profits and gains of business is incidental to the attainment of the objectives of the assessee and separate books of account are maintained in respect of such business;

(iv) the assessee will file regularly its return of income before the income-tax authority in accordance with the provision of the Income-tax Act, 1961.

(Notification No. 11225/F.No. 197/39/99-ITA-I]

Notification: 605

Section(s) Referred: s. 10(23C)(v)

Statute: INCOME TAX

Date of Issue: 3/2/2000

In exercise of the powers conferred by sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies "Sri Sri Thakur Ram Chandra Dev Association, New Delhi" for the purpose of the said sub-clause for the assessment years 1999-2000 to 2001-2002 subject to the following conditions, namely:--

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established;

(ii) the assessee will not invest or deposits its funds (other than voluntary contributions received and maintained in the form of jewellery, furniture, etc.) for any period during the previous years relevant to the assessment years mentioned above otherwise than in any one or more of the forms or modes specified in sub-section (5) of section 11;

(iii) this notification will not apply in relation to any income being profits and gains of business, unless the business is incidental to the attainment of the objectives of the assessee and seperate books of account are maintained in respect of such business;

(iv) the assessee will regularly file its return of income before the income-tax authority in accordance with the provision of the Income-tax Act, 1961.

[Notification No. 11227/F.No. 197/142/99-ITA-I]

Notification: 11230

Section(s) Referred: s. 10(23) ,s. 11(2) ,s. 11(3) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 4/2/2000

In exercise of the powers conferred by clause (23) of section 10 of the IT Act, 1961 (43 of 1961), the Central Government hereby notifies the "Chandigarh Lawn Tennis Association, Chandigarh" for the purpose of the said clause for assessment years 1991-92 to 1993-94 subject to the following conditions namely :

(i) the assessee will apply its income, or accumulate it for application, in consonance with the provisions of sub-sections (2) and (3) of section 11 as modified by the said clause (23) for such accumulation wholly and exclusively to the objects for which it is established ;

(ii) the assessee will not invest or deposit its funds [other than voluntary contributions received and maintained in the form of jewellery, furniture or any other article as may be notified by the Board under the third provision to the aforesaid clause (23)] for any period during the previous years relevant to the assessment years mentioned above otherwise than in any one or more of the forms of modes specified in sub-section (5) of section 11;

(iii) the assessee will not distribute any part of its income in any manner to its members except as grants to any association or institution affiliated to it; and

(iv) this notification will not apply in relation to any income, being profits and gains of business, unless the business is incidental to the attainments of the objectives of the assessee and separate books of accounts are maintained in respect of such business.

[F.No. 196/27/93-ITA-I]

Notification: 606

Section(s) Referred: s. 10(23)

Statute: INCOME TAX

Date of Issue: 4/2/2000

In exercise of the powers conferred by clause (23) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies "Chandigarh Lawn Tennis Association, Chandigarh" for the purpose of the said clause for the assessment years 1991-1992 to 1993-1994 subject to the following conditions, namely:--

(ii) the assessee will not invest or deposit its funds (other than voluntary contributions received and maintained in the form of jewellery, furniture or any other article as may be notified by the Board under the third proviso to the aforesaid clause (23) for any period during the previous years relevant to the assessment years mentioned above otherwise than in any one or more of the forms or modes specified in sub-section (5) of section 11;

(iii) the assessee will not distribute any part of its income in any manner to its members except as grants to any association or institution affiliated to it ; and

(iv) this notification will not apply in relation to any income, being profits and gains of business, unless the business is incidental to the attainments of the objective of the assessee and separate books of accounts are maintained in respect of such business.

[Notification No. 11230/F.No. 196/27/93-ITA-I]

Notification: 11231

Section(s) Referred: s. 90

Statute: INCOME TAX

Date of Issue: 8/2/2000

Notification No. 11231, dt 8th Feb., 2000

Whereas the annexed Agreement between the Government of the Republic of India and the Government of the State of Qatar for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income has come into force on the 15th day of January, 2000, on the notification by both the Contracting States to each other, under Article 29 of the said Agreement, of the completion of the procedures required by their respective laws for bringing into force of the said Agreement ;

Now, therefore, in exercise of the powers conferred by section 90 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby directs that all the provisions of the said Agreement shall be given effect to in the Union of India.

ANNEXURE AGREEMENT BETWEEN THE GOVERNMENT OF THE REPUBLIC OF INDIA AND THE GOVERNMENT OF THE STATE OF QATAR FOR THE AVOIDANCE OF DOUBLE TAXATION AND FOR THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME

The Government of the Republic of India and the Government of the State of Qatar, desiring to conclude an Agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and with a view to promoting economic co-operation between the two countries have agreed as follows :

ARTICLE 1 Persons Covered

This Agreement shall apply to persons who are residents of one or both of the Contracting States.

ARTICLE 2 Taxes Covered

1. This Agreement shall apply to taxes on income imposed on behalf of a Contracting State or of its political sub-divisions or local authorities irrespective of the manner in which they are levied.

2. The existing taxes to which the Agreement shall apply are in particular :

(a) In India, the income tax, including any surcharge thereon; (hereinafter referred to as "Indian tax") ; and

(b) in the State of Qatar, the income-tax (hereinafter referred to as "Qatari Tax").

3. The Agreement shall apply also to any identical or substantially similar taxes which are imposed after the date of signature of this Agreement in addition to, or in place of, the existing taxes referred to in paragraph 2. The competent authorities of the Contracting States shall notify each other of significant changes which have been made in their respective taxation laws.

ARTICLE 3 General Definitions

1. For the purposes of this Agreement, unless the context otherwise requires :

(a) the term 'India" means the territory of India and includes the territorial sea and airspace above it, as well as any other maritime zone in which India has sovereign rights, other rights and jurisdiction, according to the Indian law and in accordance with international law, including the U.N. Convention on the Law of the Sea;

(b) the term "The State of Qatar" means, the territory of State of Qatar as well as its territorial sea and its continental shelf over which it exercises sovereign rights and jurisdiction according to the Qatari Law and in accordance with International Laws ;

(c) the term "person" includes an individual, a company, a body of persons and any other entity which is treated as a taxable unit under the taxation laws in force in the respective Contracting States;

(d) the term "company" means any body corporate or any entity which is treated as a body corporate for tax purposes ;

(e) the terms "enterprise of a Contracting State" and "enterprise of the other Contracting State" mean respectively an enterprise carried on by a resident of a Contracting State and an enterprise carried on by a resident of the other Contracting State ;

(f) the term "international traffic" means any transport by a ship or aircraft operated by an enterprise which is a resident of a Contracting State, except when the ship or aircraft is operated solely between places in the other Contracting State ;

(g) the term "competent authority" means :

(i) in India : the Central Government in the Ministry of Finance (Department of Revenue) or their authorised representative;

(ii) in the State of Qatar : the Minister of Finance, Economy and Commerce or his authorised representative;

(h) the term "national" means :

(i) any individual possessing the nationality of a Contracting State ;

(ii) any legal person, partnership or association deriving its status as such from the laws in force in a Contracting State;

(i) the term "fiscal year" means :

(i) in the case of India, "previous year" as defined in the Income-tax Act, 1961 (43 of 1961);

(ii) in the case of State of Qatar "taxable year" as defined in Qatar Income-tax Law ;

(j) the term "tax" means Indian tax or Qatari tax, as the context requires, but shall not include any amount which is payable in respect of any default or omission in relation to the taxes to which this Agreement applies or which represents a penalty or fine imposed relating to those taxes;

(k) the terms "a Contracting State" and "the other Contracting State" mean the Republic of India or the State of Qatar as the context requires.

2. As regards the application of the Agreement by a Contracting State, any term not defined therein shall, unless the context otherwise requires, have the meaning which it has under the law of that State concerning the taxes to which the Agreement applies.

ARTICLE 4 Resident

1. For the purposes of this Agreement, the term "resident of a Contracting State" means any person who, under the laws of that State is liable to tax therein by reason of his domicile, residence, place of management or any other criterion of a similar nature. This term, however, does not include any person who is liable to tax in that State in respect only of income from sources in that State.

2. Where by reason of the provisions of paragraph 1 an individual is a resident of both Contracting States, then his status shall be determined as follows :

(a) he shall be deemed to be a resident of the State in which he has a permanent home available to him; if he has a permanent home available to him in both States, he shall be deemed to be a resident of the State with which his personal and economic relations are closer (centre of vital interests) ;

(b) if the State in which he has his centre of vital interests cannot be determined, or if he has not a permanent home available to him in either State, he shall be deemed to be a resident of the State in which he has an habitual abode;

(c) if he has a habitual abode in both States or in neither of them, he shall be deemed to be a resident of the State of which he is a national ;

(d) if he is a national of both States or of neither of them, the competent authorities of the Contracting States shall settle the question by mutual agreement.

3. Where by reason of the provisions of paragraph 1 a person other than an individual is a resident of both Contracting States, then it shall be deemed to be a resident of the State in which its place of effective management is situated. If the State in which its place of effective management is situated cannot be determined, then the competent authorities of the Contracting States shall settle the question by mutual agreement.

ARTICLE 5 Permanent Establishment

1. For the purposes of this Agreement, the term "permanent establishment" means a fixed place of business through which the business of an enterprise is wholly or partly carried on.

2. The term "permanent establishment" includes especially :

(a) a place of management ;

(b) a branch ;

(d) a factory;

(e) a workshop;

(f) a mine, an oil or gas well, a quarry or any other place of extraction of natural resources ;

(g) a sales outlet ;

(h) a warehouse in relation to a person providing storage facilities for others; and

(i) a farm, plantation or other place where agricultural, forestry, plantation or related activities are carried on.

3. A building site, construction, assembly project or supervisory activities in connection therewith constitute a permanent establishment only if such site, project or activity last more than six months.

4. An enterprise shall be deemed to have a permanent establishment in a Contracting State and to carry on business through that permanent establishment if it provides services or facilities in connection with, or supplies plant and machinery on hire used for or to be used in the prospecting for, or extraction or exploitation of mineral oils in that State.

5. Notwithstanding the preceding provisions of this Article, the term "permanent establishment" shall be deemed not to include :

(a) the use of facilities solely for the purpose of storage or display or delivery of goods or merchandise belonging to the enterprise ;

(b) the maintenance of a stock of goods or merchandise belonging to the enterprise solely for the purpose of storage, display or delivery ;

(c) the maintenance of a stock of goods or merchandise belonging to the enterprise solely for the purpose of processing by another enterprise ;

(d) the maintenance of a fixed place of business solely for the purpose of purchasing goods or merchandise or of collecting information, for the enterprise ;

(e) the maintenance of a fixed place of business solely for the purpose of carrying on, for the enterprise, any other activity of a preparatory or auxiliary character ;

(f) the maintenance of a fixed place of business solely for any combination of activities mentioned in sub-paragraphs (a) to (e), provided that the overall activity of the fixed place of business resulting from this combination is of a preparatory or auxiliary character.

6. Notwithstanding the provisions of paragraphs 1 and 2, where a person, other than an agent of an independent status to whom paragraph 8 applies, is acting in a Contracting State on behalf of an enterprise of the other Contracting State, that enterprise shall be deemed to have a permanent establishment in the first-mentioned Contracting State in respect of any activities which that person undertakes for the enterprise, if such a person :

(a) has and habitually exercises in that State an authority to conclude contracts in the name of the enterprise, unless the activities of such person are limited to those mentioned in paragraph 5 which, if exercised through a fixed place of business, would not make this fixed place of business a permanent establishment under the provisions of that paragraph; or

(b) has no such authority but habitually maintains in the first-mentioned State a stock of goods or merchandise from which he regularly delivers goods or merchandise on behalf of the enterprise ; or

(c) habitually secures orders in the first-mentioned State, wholly or almost wholly for the enterprise itself or for the enterprise and other enterprises controlling, controlled by, or subject to the same control, as that enterprise.

7. Notwithstanding the preceding provisions of this Article an insurance enterprise of a Contracting State shall, except in regard to re-insurance, be deemed to have a permanent establishment in the other Contracting State if it collects premiums in the territory of that other State or insures risks situated therein through a person other than an agent of an independent status to whom paragraph 8 applies.

8. An enterprise shall not be deemed to have a permanent establishment in a Contracting State merely because it carries on business in that State through a broker, general commission agent or any other agent of an independent status, provided that such persons are acting in the ordinary course of their business. However, when the activities of such an agent are devoted wholly or almost wholly on behalf of that enterprise, he will not be considered an agent of an independent status within the meaning of this paragraph.

9. The fact that a company which is a resident of a Contracting State controls or is controlled by a company which is a resident of the other Contracting State, or which carries on business in that other State (whether through a permanent establishment or otherwise), shall not of itself constitute either company a permanent establishment of the other.

ARTICLE 6 Income from Immovable Property

2. The term "immovable property" shall have the meaning which it has under the law of the Contracting State in which the property in question is situated. The term shall in any case, include property accessory to immovable property, livestock and equipment used in agriculture and forestry, rights to which the provisions of general law respecting landed property apply, usufruct of immovable property and rights to variable or fixed payments as consideration for the working of, or the right to work, mineral deposits, sources and other natural resources; ships, boats and aircraft shall not be regarded as immovable property.

3. The provisions of paragraph 1 shall apply to income derived from the direct use, letting, or use in any other form of immovable property.

4. The provisions of paragraphs 1 and 3 shall also apply to the income from immovable property of an enterprise and to income from immovable property used for the performance of independent personal services.

ARTICLE 7 Business Profits

1. The profits of an enterprise of a Contracting State shall be taxable only in that State unless the enterprise carries on business in the other Contracting State through a permanent establishment situated therein. If the enterprise carries on business as aforesaid, the profits of the enterprise may also be taxed in the other State but only so much of them as is attributable to that permanent establishment.

2. Subject to the provisions of paragraph 3, where an enterprise of a Contracting State carries on business in the other Contracting State through a permanent establishment situated therein, there shall in each Contracting State be attributed to that permanent establishment the profits which it might be expected to make if it were a distinct and separate enterprise engaged in the same or similar activities under the same or similar conditions and dealing wholly independently with the enterprise of which it is a permanent establishment.

3. In determining the profits of a permanent establishment, there shall be allowed as deductions expenses which are incurred for the purposes of the business of the permanent establishment, including executive and general administrative expenses so incurred, whether in the State in which the permanent establishment is situated or elsewhere, in accordance with the provisions of and subject to the limitations of the tax laws of that State.

4. No profits shall be attributed to a permanent establishment by reason of the mere purchase by that permanent establishment of goods or merchandise for the enterprise.

5. For the purposes of the preceding paragraphs, the profits to be attributed to the permanent establishment shall be determined by the same method year by year, unless there is good and sufficient reason to the contrary.

6. Where profits include items of income which are dealt with separately in other Articles of this Agreement, then the provisions of those Articles shall not be affected by the provisions of this Article.

ARTICLE 8 Shipping and Air Transport

1. Profits derived by an enterprise of a Contracting State from the operation of ships or aircraft in international traffic shall be taxable only in that State.

2. In the case of the State of Qatar for the purposes of the preceding paragraph the ships and aircraft shall mean Gulf Air Company and United Arab Shipping Company so long as the State of Qatar owns a share in these companies or any other air or sea transport enterprise designated by the Government of the State of Qatar.

3. Profits derived by a transportation enterprise which is a resident of a Contracting State from the use, maintenance, or rental of containers (including trailers and other equipment for the transport of containers) used for the transport of goods or merchandise in international traffic shall be taxable only in that Contracting State unless the containers are used solely within the other Contracting State.

4. For the purposes of this Article, interest on funds connected with the operation of ships or aircraft in international traffic shall be regarded as profits derived from the operation of such ships or aircraft, and the provisions of Article 11 shall not apply in relation to such interest.

5. The provisions of paragraph 1 shall also apply to profits from the participation in a pool, a joint business or an international operating agency.

ARTICLE 9 Associated Enterprises

1. Where :

(a) an enterprise of a Contracting State participates directly or indirectly in the management, control or capital of an enterprise of the other Contracting State; or

(b) the same persons participate directly or indirectly in the management, control or capital of an enterprise of a Contracting State and an enterprise of the other Contracting State,

and in either case conditions are made or imposed between the two enterprises in their commercial or financial relations which differ from those which would be made between independent enterprises, then any profits which would, but for those conditions, have accrued to one of the enterprises, but, by reason of those conditions have not so accrued, may be included in the profits of that enterprise and taxed accordingly.

2. Where a Contracting State includes in the profits of an enterprise of that State---and taxes accordingly---profits on which an enterprise of the other Contracting State has been charged to tax in that other State and the profits so included are profits which would have accrued to the enterprise of the first mentioned State if the conditions made between the two enterprises had been those which would have been made between independent enterprises, then that other State shall make appropriate adjustment to the amount of the tax charged therein on those profits. In determining such adjustment, due regard shall be had to the other provisions of this Agreement and the competent authorities of the Contracting States shall, if necessary, consult each other. However, in such circumstances a Contracting State shall not adjust the profits of an enterprise after the expiry of the time limits provided under its statute of limitations.

ARTICLE 10 Dividends

1. Dividends paid by a company which is a resident of a Contracting State to a resident of the other Contracting State may be taxed in that other State.

2. However, such dividends may also be taxed in the Contracting State of which the company paying the dividends is a resident and according to the laws of that State, but if the recipient is the beneficial owner of the dividends the tax so charged shall not exceed :

(a) 5 per cent of the gross amount of the dividends if the beneficial owner is a company which owns at least ten per cent of the shares of the company paying the dividend; and

(b) 10 per cent of the gross amount of the dividends in all other cases.

This paragraph shall not affect the taxation of the company in respect of the profits out of which the dividends are paid.

3. The term "dividends" as used in this Article means income from shares or other rights, not being debt-claims, participating in profits, as well as income from other corporate rights which is subjected to the same taxation treatment as income from shares by the laws of the State of which the company making the distribution is a resident.

4. The provisions of paragraphs 1 and 2 shall not apply if the beneficial owner of the dividends, being a resident of a Contracting State, carries on business in the other Contracting State of which the company paying the dividends is a resident, through a permanent establishment situated therein, or performs in that other State independent personal services from a fixed base situated therein, and the holding in respect of which the dividends are paid is effectively connected with such permanent establishment or fixed base. In such case, the provisions of Article 7 or Article 14, as the case may be, shall apply.

5. Where a company which is a resident of a Contracting State derives profits or income from the other Contracting State, that other State may not impose any tax on the dividends paid by the company, except insofar as such dividends are paid to a resident of that other State or insofar as the holding in respect of which the dividends are paid is effectively connected with a permanent establishment or a fixed base situated in that other State, nor subject the company's undistributed profits to a tax on the company's undistributed profits, even if the dividends paid or the undistributed profits consist wholly or partly of profits or income arising in such other State.

ARTICLE 11 Interest

1. Interest arising in a Contracting State and paid to a resident of the other Contracting State may be taxed in that other State.

2. However, such interest may also be taxed in the Contracting State in which it arises and according to the laws of that State, but if the recipient is the beneficial owner of the interest the tax so charged shall not exceed 10 per cent of the gross amount of the interest.

3. Notwithstanding the provisions of paragraph 2, interest arising in a Contracting State shall be exempt from tax in that State provided it is derived and beneficially owned by :

(i) the Government, a political sub-division or a local authority of the other Contracting State; or

(ii) the Central Bank of the other Contracting State; or any other bank or governmental financial institutions/agencies that may be mutually agreed upon between the two Contracting States.

4. The term "interest" as used in this Article means income from debt-claims of every kind, whether or not secured by mortgage and whether or not carrying a right to participate in the debtor's profits, and in particular, income from Government securities and income from bonds or debentures, including premiums and prizes attaching to such securities, bonds or debentures. Penalty charges for late payment shall not be regarded as interest for the purpose of this Article.

5. The provisions of paragraphs 1 and 2 shall not apply if the beneficial owner of the interest, being a resident of a Contracting State, carries on business in the other Contracting State in which the interest arises, through a permanent establishment situated therein, or performs in that other State independent personal services from a fixed base situated therein, and the debt-claim in respect of which the interest is paid is effectively connected with such permanent establishment or fixed base. In such case, the provisions of Article 7 or 14, as the case may be, shall apply.

6. Interest shall be deemed to arise in a Contracting State when the payer is that State itself, a political sub-division, a local authority or a resident of that State. Where, however, the person paying the interest, whether he is a resident of a Contracting State or not, has in a Contracting State a permanent establishment or a fixed base in connection with which the indebtedness on which the interest is paid was incurred, and such interest is borne by such permanent establishment or fixed base, then such interest shall be deemed to arise in the State in which the permanent establishment or fixed base is situated.

7. Where by reason of a special relationship between the payer and the beneficial owner or between both of them and some other person, the amount of the interest, having regard to the debt-claim for which it is paid, exceeds the amount which would have been agreed upon by the payer and the beneficial owner in the absence of such relationship, the provisions of this Article shall apply only to the last-mentioned amount. In such case, the excess part of the payment shall remain taxable according to the laws of each Contracting State, due regard being had to the other provisions of this Agreement.

ARTICLE 12 Royalties and Fees for Technical Services

1. Royalties or fees for technical services arising in a Contracting State and paid to a resident of the other Contracting State may be taxed in that other State.

2. However, such royalties or fees for technical services may also be taxed in the Contracting State in which they arise and according to the laws of that State, but if the recipient is the beneficial owner of the royalties or fees for technical services, the tax so charged shall not exceed 10 per cent of the gross amount of the royalties or fees for technical services.

3. (a) The term "royalties" as used in this Article means payments of any kind received as a consideration for the use of, or the right to use, any copyright of a literary, artistic or scientific work including cinematograph films, and films, or tapes for television or radio broadcasting, any patent, trade-mark, design or model, plan, secret formula or process, or any industrial commercial or scientific equipment, or for information concerning industrial, commercial or scientific experience.

(b) The term "fees for technical services" means payment of any kind in consideration for the rendering of any managerial, technical or consultancy services including the provision of services by technical or other personnel but does not include payments for services mentioned in Articles 14 and 15 of this Agreement.

4. The provisions of paragraphs 1 and 2 shall not apply if the beneficial owner of the royalties or fees for technical services being a resident of a Contracting State, carries on business in the other Contracting State in which the royalties or fees for technical services arise, through a permanent establishment situated therein, or performs in that other State independent personal services from a fixed base situated therein, and the right or property in respect of which the royalties or fees for technical services are paid is effectively connected with such permanent establishment or fixed base. In such case the provisions of Article 7 or Article 14, as the case may be, shall apply.

5. Royalties or fees for technical services shall be deemed to arise in a Contracting State when the payer is that State itself, a political sub-division, a local authority or a resident of that State. Where, however, the person paying the royalties or fees for technical services, whether he is a resident of a Contracting State or not, has in a Contracting State a permanent establishment or a fixed base in connection with which the liability to pay the royalties or fees for technical services was incurred, and such royalties or fees for technical services are borne by such permanent establishment, or fixed base, then such royalties or fees for technical services shall be deemed to arise in the State in which the permanent establishment or fixed base is situated.

6. Where, by reason of a special relationship between the payer and the beneficial owner or between both of them and some other person, the amount of the royalties or fees for technical services having regard to the use, right or information for which they are paid, exceeds the amount which would have been agreed upon by the payer and the beneficial owner in the absence of such relationship, the provisions of this Article shall apply only to the last-mentioned amount. In such case, the excess part of the payments shall remain taxable according to the laws of each Contracting State, due regard being had to the other provisions of this Agreement.

ARTICLE 13 Capital Gains

1. Gains derived by a resident of a Contracting State from the alienation of immovable property referred to in Article 6 and situated in the other Contracting State may also be taxed in that other State.

2. Gains from the alienation of movable property forming part of the business property of a permanent establishment which an enterprise of a Contracting State has in the other Contracting State or of movable property pertaining to a fixed base available to a resident of a Contracting State in the other Contracting State for the purpose of performing independent personal services, including such gains from the alienation of such a permanent establishment (alone or with the whole enterprise) or of such fixed base, may also be taxed in that other State.

3. Gains derived by an enterprise of a Contracting State from the alienation of ships or aircraft operated in international traffic or movable property pertaining to the operation of such ships, aircraft shall be taxable only in that State.

4. Gains from the alienation of shares of the capital stock of a company the property of which consists directly or indirectly principally of immovable property situated in a Contracting State may be taxed in that State.

5. Gains from the alienation of shares other than those mentioned in paragraph 4 in a company which is a resident of a Contracting State may be taxed in that State.

6. Gains from the alienation of any property other than that referred to in paragraphs 1, 2, 3, 4 and 5, shall be taxable only in the Contracting State of which the alienator is a resident.

ARTICLE 14 Independent Personal Services

1. Income derived by a resident of a Contracting State in respect of professional services or other activities of an independent character shall be taxable only in that State except in the following circumstances, when such income may also be taxed in the other Contracting State :

(a) if he has a fixed base regularly available to him in the other Contracting State for the purpose of performing his activities; in that case, only so much of the income as is attributable to that fixed base may be taxed in that other State; or

(b) if his stay in the other State is for a period or periods aggregating 183 days or more in any 12-month period commencing or ending in the fiscal year concerned; in that case, only so much of the income as is derived from his activities performed in that other State may be taxed in that other State; or

2. The term "professional services" includes especially independent scientific, literary, artistic, educational or teaching activities as wen as the independent activities of physicians, lawyers, engineers, architects, surgeons, dentists and accountants.

ARTICLE 15 Dependent Personal Services

1. Subject to the provisions of Articles 16, 18, and 19 salaries, wages and other similar remuneration derived by a resident of a Contracting State in respect of an employment shall be taxable only in that State unless the employment is exercised in the other Contracting State. If the employment is so exercised, such remuneration as is derived therefrom may be taxed in that other State.

2. Notwithstanding the provisions of paragraph 1, remuneration derived by a resident of a Contracting State in respect of an employment exercised in the other Contracting State shall be taxable only in the first-mentioned State if :

(a) the recipient is present in the other State for a period or periods not exceeding in the aggregate 183 days in any 12-month period commencing or ending in the fiscal year concerned; and

(b) the remuneration is paid by, or on behalf of, an employer who is not a resident of the other State; and

(c) the remuneration is not borne by a permanent establishment or a fixed base which the employer has in the other State.

3. Notwithstanding the preceding provisions of this Article, remuneration derived in respect of an employment exercised aboard a ship or aircraft operated in international traffic, by an enterprise of a Contracting State may be taxed in that State.

4. Notwithstanding the preceding provisions of this Article, the two Contracting States shall exempt salaries, wages, allowances and perquisites from tax in the case of employees of a designated national air transport carrier of either Contracting State provided that they are nationals of the other Contracting State.

ARTICLE 16 Directors' Fees

Directors' fees and other similar payments derived by a resident of a Contracting State in his capacity as a member of the board of directors of a company which is a resident of the other Contracting State may also be taxed in that other State.

ARTICLE 17 Artistes and Sportspersons

1. Notwithstanding the provisions of Articles 14 and 15, income derived by a resident of a Contracting State as an entertainer, such as a theatre, motion picture, radio or television artiste, or a musician, or as a sportsperson, from his personal activities as such exercised in the other Contracting State, may also be taxed in that other State.

2. Where income in respect of personal activities exercised by an entertainer or a sportsperson in his capacity as such accrues not to the entertainer or sportsperson himself but to another person, that income may, notwithstanding the provisions of Articles 7, 14 and 15, be taxed in the Contracting State in which the activities of the entertainer or sportsperson are exercised.

3. The provisions of paragraphs 1 and 2, shall not apply to income from activities performed in a Contracting State by entertainers or sportspersons if the visit to that State is substantially supported by public funds of one or both of the Contracting States or of political sub-divisions or local authorities thereof. In such a case, the income is taxable only in the Contracting State of which the entertainer or sportsperson is a resident.

ARTICLE 18 Pensions

Subject to the provisions of paragraph 2 of Article 19, pensions and other similar remuneration paid to a resident of a Contracting State in consideration of past employment shall be taxable only in that State.

ARTICLE 19 Government Service

1. (a) Remuneration, other than a pension, paid by a Contracting State or a political sub-division or a local authority thereof to an individual in respect of services rendered to that State or sub-division or authority shall be taxable only in that State.

(b) However, such remuneration shall be taxable only in the other Contracting State if the services are rendered in that other State and the individual is a resident of that State who :

(i) is a national of that State; or

(ii) did not become a resident of that State solely for the purpose of rendering the services.

2. (a) Any pension paid by, or out of funds created by, a Contracting State or a political sub-division or a local authority thereof to an individual in respect of services rendered to that State or sub-division or authority shall be taxable only in that State;

(b) However, such pension shall be taxable only in the other Contracting State if the individual is a resident of, and a national of, that State.

3. The provisions of Articles 15, 16 and 18 shall apply to remuneration and pensions in respect of services rendered in connection with a business carried on by a Contracting State or a political sub-division or a local authority thereof.

ARTICLE 20 Students and Apprentices

A student or business apprentice who is or was a resident of a Contracting State immediately before visiting the other Contracting State and who is present in that other Contracting State solely for the purpose of his education or training shall, be exempt from tax in that other State on :

(a) payments made to him by persons residing outside that other State for the purposes of his maintenance, education or training; and

(b) remuneration from employment in that other State, in an amount not exceeding US $ 1000 or its equivalent amount during any fiscal year ;

as the case may be, provided that such employment is directly related to his studies or is undertaken for the purpose of his maintenance.

ARTICLE 21 Professors, Teachers and Research Scholars

1. A professor, teacher or research scholar who is or was a resident of the Contracting State immediately before visiting the other Contracting State for the purpose of teaching or engaging in research, or both, at a university, college, school or other approved institution in that other Contracting State shall be exempt from tax in that other State on any remuneration for such teaching or research for a period not exceeding two years from the date of his arrival in that other State.

2. This Article shall not apply to income from research, if such research is undertaken primarily for the private benefit of a specific person or persons.

3. For the purposes of this Article and Article 20, an individual shall be deemed to be a resident of a Contracting State if he is resident in that State in the fiscal year in which he visits the other Contracting State or in the immediately preceding fiscal year.

4. For the purposes of paragraph 1 "approved institution" means an institution which has been approved in this regard by the competent authority of the concerned State.

ARTICLE 22 Other Income

1. Items of income of a resident of a Contracting State, wherever arising, not dealt with in the foregoing Articles of this Agreement shall be taxable only in that State.

2. The provisions of paragraph 1 shall not apply to income, other than income from immovable property as defined in paragraph 2 of Article 6, if the recipient of such income, being a resident of a Contracting State, carries on business in the other Contracting State through a permanent establishment situated therein, or performs in that other State independent personal services from a fixed base situated therein, and the right or property in respect of which the income is paid is effectively connected with such permanent establishment or fixed base. In such case the provisions of Article 7 or Article 14, as the case may be, shall apply.

3. Notwithstanding the provisions of paragraphs 1 and 2, items of income of a resident of a Contracting State not dealt with in the foregoing Articles of this Agreement and arising in the other Contracting State may also be taxed in that other State.

ARTICLE 23 Mutual Agreement Procedure

1. Where a person considers that the action of one or both of the Contracting States result or will result for him in taxation not in accordance with the provisions of this Agreement, he may, irrespective of the remedies provided by the domestic law of those States, present his case to the competent authority of the Contracting State of which he is a resident or, if his case comes under paragraph 1 of Article 25, to that of the Contracting State of which he is a national. The case must be presented within three years from the first notification of the action resulting in taxation not in accordance with the provisions of this Agreement.

2. The competent authority shall endeavour if the objection appears to it to be justified and if it is not itself able to arrive at a satisfactory solution, to resolve the case by mutual agreement with the competent authority of the other Contracting State, with a view to the avoidance of taxation which is not in accordance with the Agreement. Any agreement reached shall be implemented notwithstanding any time limits in the domestic law of the Contracting States.

3. The competent authorities of the Contracting States shall endeavour to resolve by mutual agreement any difficulties or doubts arising as to the interpretation or application of this Agreement. They may also consult each other for the elimination of double taxation in cases not provided for in this Agreement.

4. The competent authorities of the Contracting States may communicate with each other directly for the purpose of reaching an agreement in the sense of the preceding paragraphs. When it seems advisable in order to reach agreement to have an oral exchange of opinions, such exchange may take place through a Commission consisting of representatives of the competent authorities of the Contracting States.

ARTICLE 24 Elimination of Double Taxation

1. The laws in force in either of the Contracting State will continue to govern the taxation of income in the respective Contracting States except where provisions to the contrary are made in this Agreement.

2. In the case of India double taxation shall be eliminated as follows :

Where a resident of India derives income which, in accordance with the provisions of this Agreement, may be taxed in the State of Qatar, India, shall allow as a deduction from the tax on the income of that resident an amount equal to the income-tax paid in State of Qatar, whether directly or by deduction at source. Such amount shall not, however, exceed that part of the income-tax as computed before the deduction is given, which is attributable to the income which may be taxed in the State of Qatar.

3. In the case of State of Qatar, double taxation shall be eliminated as follows :

Where a resident of the State of Qatar derives income which, in accordance with the provisions of this Agreement, may be taxed in India, the State of Qatar shall allow as a deduction from the tax on the income of that resident an amount equal to the income-tax paid in India. Such deduction shall not, however, exceed that part of the income-tax, as computed before the deduction is given, which is attributable to the income which may be taxed in India.

4. The tax payable in the Contracting State mentioned in paragraphs 2 and 3 of this Article shall be deemed to include the tax which would have been payable but for the tax incentives granted under the laws of the Contracting State and which are designed to promote economic development.

ARTICLE 25 Non-discrimination

1. Nationals of a Contracting State shall not be subjected in the other Contracting State to any taxation or any requirement connected therewith, which is other or more burdensome than the taxation and connected requirements to which nationals of that other State in the same circumstances are or may be subjected. This provision shall, notwithstanding the provisions of Article 1, also apply to persons who are not residents of one or both of the Contracting States.

2. The taxation on a permanent establishment which an enterprise of a Contracting State has in the other Contracting State shall not be less favourably levied in that other State than the taxation levied on enterprises of that other State carrying on the same activities. This provision shall not be construed as preventing a Contracting State from charging the profits of a permanent establishment which a company of the other Contracting State has in the first-mentioned State at a rate of tax which is higher than that imposed on the profits of a similar company of the first-mentioned Contracting State, nor as being in conflict with the provisions of paragraph 3 of Article 7 of this Agreement.

3. Nothing in this Article shall be construed as obliging a Contracting State to grant to the residents of the other Contracting State any personal allowances, reliefs or reductions for taxation purposes on account of civil status or family responsibilities which it grants to its own nationals.

4. Nothing in this Article shall be construed as imposing a legal obligation on a Contracting State to extend to the residents of the other Contracting State the benefit of any treatment preference or privilege which may be accorded to any other State or its residents through agreements to which the first mentioned Contracting State may be a party.

5. Enterprises of a Contracting State, the capital of which is wholly or partly owned or controlled, directly or indirectly by one or more residents, of the other Contracting State, shall not be subjected in the first-mentioned State to any taxation or any requirement connected therewith which is other or more burdensome than the taxation and connected requirements to which other similar enterprises of the first-mentioned State are or may be subjected.

6. Except where the provisions of Article 9, paragraph 7 of Article 11 or paragraph 6 of Article 12 apply, interest, royalties and other disbursement paid by an enterprise of a Contracting State to a resident of the other Contracting State shall, for the purpose of determining the taxable profits of such enterprise, be deductible under the same conditions as if they had been paid to a resident of the first-mentioned State. Similarly, any debts of an enterprise of a Contracting State to a resident of the other Contracting State shall, for the purpose of determining the taxable capital of such enterprise, be deductible under the same conditions as if they had been contracted to a resident of the first-mentioned State.

7. In this Article, the term "taxation" means taxes which are the subject of this Agreement.

ARTICLE 26 Exchange of Information

1. The competent authorities of the Contracting States shall exchange such information (including documents), as is necessary for carrying out the provisions of this Agreement or of the domestic laws of the Contracting States concerning taxes covered by this Agreement insofar as the taxation thereunder is not contrary to this Agreement in particular for the prevention of fraud or evasion of such taxes. The exchange of information is not restricted by Article 1. Any information received by a Contracting State shall be treated as secret in the same manner as information obtained under the domestic laws of that State and shall be disclosed only to persons or authorities (including Courts and administrative bodies) involved in the assessment or collection of, the enforcement or prosecution in respect of, or the determination of appeals in relation to, the taxes covered by the Agreement. Such persons or authorities shall use the information only for such purposes. They may disclose the information in public Court proceedings or in judicial decision.

2. In no case shall the provisions of paragraph 1 be construed so as to impose on a Contracting State the obligation :

(a) to carry out administrative measures at variance with the laws and administrative practice of that or of the other Contracting State ;

(b) to supply information or documents which are not obtainable under the laws or in the normal course of the administration of that or of the other Contracting State;

(c) to supply information which would disclose any trade, business, industrial, commercial or professional secret or trade process, or information, the disclosure of which would be contrary to public policy.

ARTICLE 27 Collection Assistance

1. The Contracting States undertake to lend assistance to each other in the collection of taxes to which this Agreement relates, together with interest, costs, and civil penalties relating to such taxes, referred to in this Article as a " revenue claim".

2. Request for assistance by the competent authority of a Contracting State in the collection of a revenue claim shall include a certification by such authority that, under the laws of that State, the revenue claim has been finally determined. For the purposes of this Article, a revenue claim is finally determined when a Contracting State has the right under its internal law to collect the revenue claim and the taxpayer has no further rights to restrain collection.

3. Amount collected by the competent authority of a Contracting State pursuant to this Article shall be forwarded to the competent authority of the other Contracting State. However, the first-mentioned Contracting State shall be entitled to reimbursement of costs, if any, incurred in the course of rendering such assistance to the extent mutually agreed between the competent authorities of the two States.

4. Nothing in this Article shall be construed as imposing on either Contracting State the obligation to carry out administrative measures of a different nature from those used in the collection of its own taxes or those which would be contrary to its public policy.

ARTICLE 28 Diplomatic Agents and Consular Officers

Nothing in this Agreement shall affect the fiscal privileges of diplomatic agents or consular officers under the general rules of international law or under the provisions of special agreements.

ARTICLE 29 Entry into Force

1. The Contracting States shall notify each other in writing, through diplomatic channels, the completion of the procedures required by the respective laws for the entry into force of this Agreement.

2. This Agreement shall enter into force thirty days after the receipt of the later of the notifications referred to in paragraph 1 of this Article.

3. The provisions of this Agreement shall have effect in India and in the State of Qatar in respect of income arising on or after the first day of the fiscal year next following the calendar year in which the Agreement enters into force.

ARTICLE 30 Termination

This Agreement shall remain in force until, terminated by the Contracting State. Either Contracting State may terminate this Agreement, through diplomatic channels, by giving notice of termination at least six months before the end of any calendar year after the expiration of five years from the date of entry into force of this Agreement. In such event, this Agreement shall cease to have effect in India and the State of Qatar, in respect of income arising on or after the first day or the fiscal year next following the calendar year in which the notice of termination is given.

In witness whereof the undersigned, being duly authorised thereto, have signed this Agreement.

Signed in two originals at New Delhi this seventh day of April, 1999 in Arabic, Hindi and English languages, all three texts being equally authentic. In case of divergence between the texts the English text shall be the operative one.

For the Government of the For the Government of the State of Qatar Republic of India Sd/- Sd/- (YASHWANT SINHA) (ABDULLAH BIN HAMAD AL-ATTIYAH) [F. No. 501/4/94-FTD]

Notification: 11232

Section(s) Referred: r. 6AAC ,s. 35CCB ,s. 35CCB(1) ,s. 35CCB(2)

Statute: INCOME TAX

Date of Issue: 8/2/2000

It is notified for general information that the Institution/Association mentioned below and its programme given hereunder have been approved by the Secretary, Ministry of Environment and Forests, Government of India, New Delhi, being the prescribed authority under rule 6AAC of the Income-tax Rules, 1962, for the purposes of section 35CCB of the Income-tax Act, 1961.

Name of the Institution/Association M/s Vanarai Vijaynagar, Pune-400 001 Programme :

Conservation of natural resources.

2. Both the approvals accorded by the Prescribed, Authority namely : (i) to the Institution/Association under sub-section (2) of section 35CCB, and (ii) to the programmes under sub-section (1) of section 35CCB are valid for the period from 1st April, 1999 to 31st March, 2001 with the following conditions :

(i) M/s Vanarai, Vijaynagar, Pune, shall maintain a separate account of the donations received by it for its conservation activities mentioned above ;

(ii) M/s Vanarai, Vijaynagar, Pune, shall furnish progress report of work done on their conservations programmes to the prescribed authority for the financial years 1999-2000 and 2000-2001 by 31st March, 2000 and 31st March, 2001 respectively;

(iii) The society shall submit to the prescribed authority by the 31st March, 2000 and 31st March, 2001 annual audited accounts report for the years 1999-2000, 2000-2001 respectively showing total income and liabilities and a copy of each of these documents be sent to the concerned Commissioner of Income-tax;

(iv) M/s Vanarai must also submit to the prescribed authority the progress report as well as audited accounts report for the period 1999-2000 at the earliest, and

(v) The approval is subject to the continued satisfaction of the prescribed authority and may be drawn with retrospective effect, if considered necessary.

[F.No. 203/27/2000/ITA.II]

Notification: 11233

Section(s) Referred: s. 35(2AB)(1)

Statute: INCOME TAX

Date of Issue: 8/2/2000

In pursuance of clause (1) of sub-section (2AB) of section 35 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby notifies manufacture or production of computer software being an article or thing for the purpose of said clause.

[F.No. 225/192/99/ITA.II]

Notification: 11234

Section(s) Referred: s. 10(23C)(v) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 8/2/2000

In exercise of the powers conferred by the sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Srimadujjayini Saddharma Simhasana Sri Taralbalu Jagadguru Bribanmath Sirigere-577541 (Karnataka)" for the purpose of the said sub-clause for the assessment years 1996-97 to 1998-99 subject to the following conditions, namely :

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established ;

(ii) the assessee will not invest or deposit its funds (other than voluntary contributions received and maintained in the form of jewellery, furniture etc.) for any period during the previous years relevant to the assessment years mentioned above otherwise than in any or more of the forms or modes specified in sub-section (5) of section, 11;

(iv) the assessee will regularly file its return of income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[F.No. 197/54/99-ITA-I]

Notification: S.O. 451

Section(s) Referred: r. 6AAC ,s. 35CCB ,s. 35CCB(2) ,s. 35CCB(1)

Statute: INCOME TAX

Date of Issue: 8/2/2000

It is notified for general information that the institution/association mentioned below and its programme given hereunder have been approved by the Secretary, Ministry of Environment and Forests, Government of India, New Delhi, being the prescribed authority under rule 6AAC of the Income-tax Rules, 1962, for the purpose of section 35CCB of the Income-tax Act, 1961.

Name of the institution/association: Vanarai, Vijaynagar, Pune-400 001. Programme : Conservation of natural resources.

2. Both the approvals accorded by the prescribed authority, namely, (i) to the institution/association under sub-section (2) of section 35CCB, and (ii) to the programmes under sub-section (1) of section 35CCB are valid for the period from 1-4-99 to 31-3-2001 with the following conditions:

(i) Vanarai, Vijayanagar, Pune, shall maintain a separate account of the donations received by it for its conservations activities mentioned above.

(ii) Vanarai, Vijayanagar, Pune, shall furnish progress report of work done on their conservations programmes to the prescribed authority for the financial years 1999-2000 and 2000-2001 by 31-3-2000 and 31-3-2001 respectively,

(iii) The society shall submit to the prescribed authority by the 31-3-2000 and 31-3-2001 annual audited accounts report for the years 1999-2000, 2000-2001 respectively showing total income and liabilities and a copy of each of these documents be sent to the concerned Commissioner of Income-tax,

(iv) Vanarai must also submit to the prescribed authority the progress report as well as audited accounts report for the period 1999-2000 at the earliest, and

(v) The approval is subject to the continued satisfaction of the prescribed authority and may be drawn with retrospective effect, if considered necessary.

[Notification No. 11232/F.No. 203/27/2000-ITA.II]

Notification: S.O. 452

Section(s) Referred: s. 35(2AB)(1)

Statute: INCOME TAX

Date of Issue: 8/2/2000

In pursuance of clause (1) of sub-section (2AB) of section 35 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct taxes hereby notifies manufacture or production of computer software being an article or thing for the purpose of the said clause.

[Notification No. 11233/F.No. 225/192/99/ITA.II]

Notification: 607

Section(s) Referred: s. 10(23)(v)

Statute: INCOME TAX

Date of Issue: 8/2/2000

In exercise of the powers conferred by sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies "Srimadujjayini Saddharma Simhasana Sri Taralbalu Jagadguru Brihanmath, Srigere-577541 (Karnataka)" for the purpose of the said sub-clause for the assessment years 1996-1997 to 1998-1999 subject to the following conditions, namely:--

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established;

(iii) this notification will not apply in relation to any income being profits and gains of business is incidental to the attainment of the objectives of the assessee and seperate books of account are maintained in respect of such business;

(iv) the assessee will file regularly its return of income before the income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[Notification No. 11234/F. No. 197/54/99-ITA-I]

Notification: 11235

Section(s) Referred: s. 35AC(1)(b) ,r. 11M(5)

Statute: INCOME TAX

Date of Issue: 11/2/2000

Whereas by notification of the Government of India in the Ministry of Finance number S.O. 698(E) dated the 3rd October, 1997 [published at (1997) 142 CTR (St) 60] issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 2 construction of building, purchase of equipments and running of school for vocational training/rehabilitation of hearing handicapped children at Adipur, Kutch, Gujarat by Mata Lachmi Rotary Charitable Society, Station Road, Adipur, Kutch-370205, Gujarat, as an eligible project or scheme for a period of three years beginning with assessment year 1998-99 :

And whereas by notification number S.O. 17(E) dated 4th January, 2000 [published at (2000) 158 CTR (St) 421, the estimated cost was enhanced from Rs. 19 lakhs plus a corpus fund of Rs. 15 lakhs to Rs. 38.82 lakhs (including a corpus fund of Rs. 15 lakhs).

And whereas the said project or scheme is likely to extend beyond three years ;

And whereas the National Committee, being satisfied that the said project or scheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for specifying the said project or scheme for a further period of three years;

Now, therefore, the Central Government in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the IT Act, 1961 (43 of 1961), hereby specifies the scheme or project of construction of building, purchase of equipments and running of school for vocational training/rehabilitation of hearing handicapped children at Adipur, Kutch, Gujarat, which is being carried out by Mata Lachmi Rotary Charitable Society, Station Road, Adipur, Kutch-370205, Gujarat at the estimated cost of rupees thirty-eight lakhs eighty-two thousand only as an eligible project or scheme for a further period of three years beginning with assessment year 2001-2002.

[F. No. NC-136/99 ITA]

Notification: 11236

Section(s) Referred: s. 35(1)(ii) ,r. 6

Statute: INCOME TAX

Date of Issue: 11/2/2000

It is hereby notified for general information that the organisations mentioned below have been approved by the Central Government for the period mentioned against their names, for the purpose of clause (ii) of sub-section (1) of section 35 of the IT Act, 1961, read with rule 6 of the Income-tax Rules, 1962 under the category "Association" subject to the following conditions :

(i) The notified Association shall maintain separate books of accounts for its research activities ;

(ii) The notified Association shall furnish the Annual Return of its scientific research activities to the Secretary, Department of Scientific & Industrial Research, 'Technology Bhawan', New Mehrauli Road, New Delhi-110016 for every financial year on or before 31st May each year ;

(iii) The notified Association shall submit on behalf of the Central Government, to : (a) the Director General of Income-tax (Exemptions), 10 Middleton Row, 5th Floor, Calcutta-700071 (b) the Secretary, Department of Scientific & Industrial Research, and (c) the Commissioner of Income-tax/Director of Income-tax (Exemptions), having jurisdiction over the organisation, on or before the 31st October each year, a copy of its audited Annual Accounts and also a copy of audited Income & Expenditure Account in respect of its research activities for which exemption was granted under sub-section (1) of section 35 of Income-tax Act, 1961, in addition to the return of income-tax to the designated Assessing Officer.

-------- S. Name of the organisation approved Period for which No. Notification is effective -------- 1. Arvind Medical Research Foundation, 1, Anna Nagar, Madurai-625020 [F. No. 1-4-1999 to 31-3-2002 203/16/2000-ITA-II]

2. Society for Research in Haematology & Blood Transfusion, 75/C Park Street, 1-4-1999 to 31-3-2000 Calcutta-700016 [F.No. 203/28/2000-ITA-II] --------

[F.No. 203/16/2000-ITA-II & Ors.]

Notification: 11237

Section(s) Referred: s. 35(1)(iii) ,r. 6

Statute: INCOME TAX

Date of Issue: 16/2/2000

It is hereby notified for general information that the organisations mentioned below have been approved by the Central Government for the period mentioned against their names, for the purpose of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with Rule 6 of the Income-tax Rules, 1962, under the category "Institution" subject to the following conditions :

(i) The notified Institution shall maintain separate books of accounts for its research activities :

(ii) The notified Institution shall furnish the Annual Return of its scientific research activities to the Secretary, Department of Scientific & Industrial Research, 'Technology Bhawan', New Mehrauli Road, New Delhi-110016 for every financial year on or before 31st May of each year.

(iii) The notified Institution shall submit, on behalf of the Central Government, to (a) the Director General of Income-tax (Exemptions), 10 Middleton Row, 5th Floor, Calcutta-700071, (b) the Secretary, Department of Scientific & Industrial Research, and (c) the Commissioner of Income-tax/Director of Income-tax (Exemptions), having jurisdiction over the Organisation, on or before the 31st October each year, a copy of its audited Annual Accounts and also a copy of audited Income & Expenditure Account in respect of its research activities for which exemption was granted under sub-section (1) of section 35 of Income-tax Act, 1961 in addition to the return of income-tax to the designated Assessing Officer.

-------- S. Name of the organisation approved Period for which No. Notification is effective -------- 1. Institute of Economic Growth, University Enclave, Delhi-110007 [F. No. 203/15/2000- 28-10-1999 to 31-3-2002 ITA-II] --------

[F. No. 203/15/2000-ITA.II]

Notification: 11238

Section(s) Referred: s. 35(1)(ii) ,r. 6

Statute: INCOME TAX

Date of Issue: 16/2/2000

It is hereby notified for general information that the Organisation mentioned below have been approved by the Central Government for the period mentioned against their names, for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with Rule 6 of the Income-tax Rules, 1962, under the category "Institution" subject to the following conditions :

(i) The notified Institution shall maintain separate books of accounts for its research activities :

(iii) The notified Institution shall submit, on behalf of the Central Government, to (a) the Director General of Income-tax (Exemptions), 10 Middleton Row, 5th Floor, Calcutta-700071, (b) the Secretary, Department of Scientific & Industrial Research, and (c) the Commissioner of Income-tax/Director of Income-tax (Exemptions), having jurisdiction over the Organisation, on or before the 31st October each year, a copy of its audited Annual Accounts and also a copy of audited Income &- Expenditure Account in respect of its research activities for which exemption was granted under sub-section (1) of section 35 of Income-tax Act, 1961 in addition to the return of income-tax to the designated Assessing Officer.

-------- S. Name of the Organisation approved Period for which No. Notification is effective -------- 1 . Indian Institute of Health Management Research, 1, Prabhu Dayal Marg, Sanganer 1-4-1999 to 31-3-2002 Airport, Jaipur-302011 --------

[F. No. 203/25/2000-ITA-II]

Notification: 11239

Section(s) Referred: s. 35(1)(ii) ,r. 6

Statute: INCOME TAX

Date of Issue: 16/2/2000

It is hereby notified for general information that the organisations mentioned below have been approved by the Central Government for the period mentioned against their names, for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with Rule 6 of the Income-tax Rules, 1962 under the category "Institution" subject to the following conditions :

(i) The notified Institution shall maintain separate books of accounts for its research activities ;

(iii) The notified Institution shall submit, on behalf of the Central Government, to (a) the Director General of Income-tax (Exemptions), 10 Middleton Row, 5th Floor, Calcutta-700071, (b) the Secretary, Department of Scientific & Industrial Research, and (c) the Commissioner of Income-tax/Director of Income-tax (Exemptions), having jurisdiction over the organisation, on or before the 31st October, each year, a copy of its audited Annual Accounts and also a copy of audited Income & Expenditure Account in respect of its research activities for which exemption was granted under sub-section (1) of section 35 of Income-tax Act, 1961 in addition to the return of income-tax to the designated Assessing Officer.

-------- S. Name of the organisation approved Period for which No. Notification is effective -------- 1. The Foundation for Research in Community Health, 84, A.R.G. Thadani Marg, Worli 1-4-1999 to 31-3-2002 Mumbai-400018 [F. No. 203/14/2000-ITA-II]

2. Society for Computer Technology & Research, Survey No. 27, Pune Satara Road, Dhankavdi, Pune-411043 [F. No. 203/19/2000-ITA-II] 1-4-1999 to 31-3-2000

3. Goa Cancer Society, Dr. E. Borges Marg, Dona Paula, Goa-403004 [F. No. 203/17/2000- 1-4-1999 to 31-3- 2000 ITA-II]

4. The Birla Institute of Astronomy & Planetarium Science, Birla Building, 9/1, R.N. Mukharjee Road, Calcutta-700001 [F. No. 1-4-1999 to 31-3-2002 203/47/99-ITA-II]

5. Centre for Development of Imaging Technology, Chitranjali Studio Complex, Thiruvallom, Trivandrum-695027 [F. No. 1-4-1999 to 31-3-2001 203/20/2000-ITA-II]

6. Institute of Pesticide Formulation Technology, Scope Complex, Core-6, 2nd Floor, Lodhi Complex, New Delhi-110003 [F. 1-4-1999 to 31-3-2000 No. 203/22/2000-ITA-II]

7. Central Board of Irrigation & Power, Malcha Marg, Chanakyapuri, New Delhi-110021 [F. 1-4-1999 to 31-3-2002 No. 203/23/2000-ITA-II]

8. Waterfalls Institute of Technology Transfer "Waterfalls" J-29, South Extension, Part-I, 1-4-1999 to 31-3-2002 New Delhi-110049 [F. No. 203/26/2000-ITA-II] --------

[F. No. 203/14/2000-ITA.II]

Notification: 11240

Section(s) Referred: s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 23/2/2000

In exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government on the recommendations of the National Committee, hereby approves the institutions mentioned in column (2) of the Table below and specifies the eligible projects or schemes and the estimated cost thereof as mentioned in column (3) of the said Table and also specifies in the column (4) of the said Table, the maximum amount of such cost which may be allowed as deduction under said section 35AC, namely :

TABLE -------- Sl. Name of the Project or scheme and Maximum No. Institution estimated cost thereof amount of cost to be allowed as -------- deduction under section 35AC -------- (1) (2) (3) (4) -------- 1. Om Shree Ram Construction of Vijayraj Rs. 1,593.00 Mantra Mandir Trust, Nagar medical centre lakhs (including Ram Nagar, Talaja building/purchase of a corpus fund of Road, Bhavnagar, instruments/furniture and Rs. 1,000.00 Gujarat-364003. running of the Centre at lakhs). Vijayraj Nagar, Bhavnagar, Gujarat likely to cost Rs. 1,600.00 lakhs (including a corpus fund of Rs. 1,000.00 lakhs).

2. Sri Dakshinya Bhava Construction of building for Rs. 267.80 Samithi, D. No. 4-2- Special School, Hostel and lakhs. 16, 4th Lane Staff Quarters, purchase of Lakshmipuram, equipments, furnishing and Guntur-522007 running of Dakshinya (Andhra Pradesh). Institute for the mentally handicapped at Padapalakaluru Village, Guntur, Andhra Pradesh, likely to cost Rs. 270.30 lakhs.

3. Apang Manav (a) Purchase of equipments Rs. 47.00 lakhs. Mandal, Dr. Vikram and construction of Sarabhai Road, Behind physiotherapy centre at "Atira" Vastrapur, "Girls Hostel", Drive-in Ahmedabad-380015 Road, Ahmedabad-380052; (Gujarat). (b) Purchase of equipments and construction of physiotherapy centre at "Boys' Hostel", Vastrapur Road, Ahmedabad-380015;

(d) Survey and Research on physically handicapped;

(e) Equipments aid to physically handicapped (operation, tricycles, crutches, callipers, wheel- chairs, artificial limb etc.); at Ahmedabad, Gujarat; likely to cost Rs. 47.00 lakhs.

4. Gujarat Methodist (a) Construction of Doctors' Rs. 466.41 Church, Cardiac Care Residence, lakhs. and Research Society, (b) Construction of Cardiac Mission Road, Intensive Care Unit ; Nadiad-387002. (c) Construction of Blood Bank ; (d) Purchase of Generator; (e) Purchase of equipments for Operation Theatre No. (f) Construction of low-cost ward; (g) Construction of Hospital Annexe; (h) Construction of Administration Wing ; at Nadiad, Gujarat; likely to cost Rs. 466.41 lakhs.

5. Rotary Organised J.V. Construction of Blood Rs. 77.00 lakhs Sethia Blood Bank Bank, Pathology laboratory, Research and X-ray, Sonography, Diagnostic Centre, Diagnostic Medical Centre Rotary Bhavan, Plot at Rotary Bhawan, Plot No. No. 125, Gandhidham- 125, Sector-9, Kutch, Gujarat Gandhidham, Kutch, 370201. Gujarat; likely to cost Rs. 77.00 lakhs.

6. Deceased Bhavsar Construction of building, Rs. 119.81 lakhs Devchandbhai furnishing, purchase of Muljibhai Talajiya and equipments, school bus Deceased Bhavsar and running of Ankur Khamalaxmi School for the Mentally Devchandbhai Talajiya Retarded Children at Ankur School for Bhavnagar, Gujarat; likely Mentrally Retarded to cost Rs. 119.81 lakhs. Children, Plot No. 1945, Sardarnagar Circle, Near Working Women's Hostel, Sardarpura, Bhavnagar-364002 (Gujarat).

7. Malayala Manorama Conducting Heart Care Rs. 138.00 lakhs Charitable Trust, Camps and providing Manorama Building, treatment of patients K.K. Road, Kottayam, affected, by coronary Kerala-686001 disorders and ailments at Quilon, Kannur, Calicut, Cochin and Kottayam in Kerala State, likely to cost Rs. 300.00 lakhs.

8. Arogyadham Global Construction of buildings, Rs. 107.50 Aids Research purchase of equipments, lakhs. Foundation, Sidharth furnishing, development of Colony, Arya Samaj Botanical Garden and Road, Muzaffarnagar, running of Arogyadham Uttar Pradesh-251001. Global AIDS Research Foundation at Sidhartha Colony, Arya Samaj Road, Muzaffarnagar City, Uttar Pradesh, likely to cost Rs. 127.50 lakhs.

9. Dr. Nihar Mushi Eye Setting up of Community Rs. 192.00 Foundation, 1/3, Opthalmology Centre, lakhs. Dover Place, Calcutta- purchase of premises, 700019. equipments and instruments at Calcutta, West Bengal; likely to cost Rs. 192.00 lakhs.

10. Lions Club of The Vision, Lions Club of Rs. 31.50 lakhs. Khammam Stambadri Khammam Stambadri Eye Eye Hospital (Lions Hospital (Construction of Club of Khammam St. building/purchase of Heart and Eye equipments/furniture and Foundation Trust), H. fixtures) at Khanpuram No. 9-11-94, Kaman Village, District-Khammam, Bazar, Khammam- Andhra Pradesh, likely to 507001 (Andhra cost Rs. 65.00 lakhs. Pradesh) --------

2. This notification shall remain in force for a period of three years in relation to assessment years 2000-2001, 2001-2002 and 2002-2003 in respect of projects or schemes mentioned in the Table. [F. No. NC-159/99]

Notification: 11241

Section(s) Referred: s. 35AC(b)

Statute: INCOME TAX

Date of Issue: 23/2/2000

Whereas by notification of the Government of India in the Ministry of Finance, number S.O. 388(E) dated the 19th May, 1997 [published at (1997) 140 CTR (St) 1], issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 16, Purchase of medicines, equipments and ambulance and financial assistance to poor patients coming to hospitals at Mumbai, Maharashtra by Maitri Mandal Trust, C/o Suresh R. Toprani, Malad (East), Mumbai, as an eligible project or scheme for a period of three years beginning with assessment year 1998-99.

This Corrigendum contains amendment to Income-tax Act, 1961, carried out on 23rd Feb., 2000 not reproduced here as it is already contained in the body of the act itself.

[F No. NC-159/99]

Notification: 11242

Section(s) Referred: s. 35AC(b)

Statute: INCOME TAX

Date of Issue: 23/2/2000

Whereas by notification of the Government of India in the Ministry of Finance Number S.O. 180(E) dated the 10th March, 1997 (published at (1997) 138 CTR (St) 201], issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 17, Construction, purchase of equipments and furnishing of a 50 bed Hospice for the care of the terminally ill Cancer patients at Bangalore, Karnataka, by Bangalore Hospice Trust, C/o Indian Cancer Society, HAL, Bangalore-560075, as an eligible project or scheme for a period of three years beginning with assessment year 1997-98.

This Corrigendum contains amendment to Income-tax Act, 1961, carried out on 23rd Feb., 2000 not reproduced here as it is already contained in the body of the act itself.

[F No. NC-159/99]

Notification: 11243

Section(s) Referred: s. 35AC(b)

Statute: INCOME TAX

Date of Issue: 23/2/2000

Whereas by notification of the Government of India in the Ministry of Finance Number S.O. 862(E) dated the 12th December, 1997 [published at (1997) 143 CTR (St) 3001, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 8, construction of building, purchase of equipments and running of hospital at Vaso, Nadiad, by Vaso Arogya Mandal, Shri C.M. Shah General Hospital, Kheda, Gujarat, as an eligible project of scheme for a period of three years beginning with assessment year 1998-99.

This Corrigendum contains amendment to Income-tax Act, 1961, carried out on 23rd Feb., 2000 not reproduced here as it is already contained in the body of the act itself.

[F No. NC-159/99]

Notification: 11244

Section(s) Referred: s. 35AC(b)

Statute: INCOME TAX

Date of Issue: 23/2/2000

Whereas by notification of the Government of India in the Ministry of Finance Number S.O. 180(E) dated the 10th March, 1997, [published at (1997) 138 CTR (St) 201], issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 13, Rehabilitation and education of the blind in Gujarat State by National Association for the Blind, (Gujarat State Branch), Dr. Vikram Sarabhai Road, Vastrapur, Ahmedabad, Gujarat, as an eligible project or scheme for a period of three years beginning with assessment year 1997-98.

This Corrigendum contains amendment to Income-tax Act, 1961, carried out on 23rd Feb., 2000 not reproduced here as it is already contained in the body of the act itself.

[F No. NC-159/99]

Notification: 11245

Section(s) Referred: s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 23/2/2000

Whereas by notification of the Government of India in the Ministry of Finance Number S.O. 54(E) dated the 16th January, 1998, [published at (1998) 144 CTR (St) 40], issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 13, Rural development project---construction of buildings for primary school, women and child welfare centre, staff quarters, guest house, laboratory and library hall, kitchen and dining hall, meditation hall, administrative block at Vinaypuram, District-Bhilwara, Rajasthan, by Anuvrat Gram Bharti Sansthan, Vinaypuram, P.O. Chankshed, Tehsil-Mandal, District-Bhilwara, Rajasthan, as an eligible project or scheme for a period of three years beginning with assessment year 1998-99.

This Corrigendum contains amendment to Income-tax Act, 1961, carried out on 23rd Feb., 2000 not reproduced here as it is already contained in the body of the act itself.

[F No. NC-159/99]

Notification: 11246

Section(s) Referred: s. 35AC(b)

Statute: INCOME TAX

Date of Issue: 23/2/2000

Whereas by notification of the Government of India in the Ministry of Finance Number S.O. 198(E) dated the 12th March, 1998 [published at (1998) 145 CTR (St) 691, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 6, purchase of equipments and running of hospital at Vatrak, Sabarkantha, Gujarat, by Shri K.K. Shah Sabrakantha Arogya Mandal, P.O. Vatrak, Taluk-Bayad, District----Sabarkantha-383326, Gujarat, as an eligible project or scheme for a period of three years beginning with assessment year 1998-99.

This Corrigendum contains amendment to Income-tax Act, 1961, carried out on 23rd Feb., 2000 not reproduced here as it is already contained in the body of the act itself.

[F.No. NC-159/99]

Notification: 11247

Section(s) Referred: s. 35AC(b)

Statute: INCOME TAX

Date of Issue: 23/2/2000

Whereas by notification of the Government of India in the Ministry of Finance Number S.O. 180(E) dated the 10th March, 1997 [published at (1997) 138 CTR (St) 201], issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 11, "Kanoli-vision Saver" Eye Camps---a rural outreach programme on eye care at Villages around Chennai, Chengai, MGR District, Tamilnadu, by Sri Sankara Health Centre, Hospital Complex, Sri Sankara Nagar, Pammal, Chennai-600076, as an eligible project or scheme for a period of three years beginning with assessment year 1997-98 ;

This Corrigendum contains amendment to Income-tax Act, 1961, carried out on 23rd Feb., 2000 not reproduced here as it is already contained in the body of the act itself.

[F No. NC-159/99]

Notification: 11248

Section(s) Referred: s. 35AC(b)

Statute: INCOME TAX

Date of Issue: 23/2/2000

Where as by notification of the Government of India in the Ministry of Finance Number S.O. 228(E) dated the 17th March, 1994 [published at (1994) 117 CTR (St) 238], issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 5, Development and extension of educational, medical and sports facilities to rural areas (through construction of school building, Centre of education and rooms in schools with provision of equipment, mobile educational van, hospital building with equipment, mobile medical unit and prevention and cure of occupational diseases and ground tracks and auditorium/stadium) in 50 villages around Ankleswar, by Ankleshwar Industrial Development Society, K-1/205, GIDC Industrial Estate, Post Box No. 24, Ankleswar-393002, as an eligible project or scheme for a period of three years beginning with assessment year 1994-95, which was extended vide S.O. No. 218(E) dated 19th March, 1996 [published at (1996) 131 CTR (St) 49], by a period of two more years beginning with assessment year 1997-98, which was further extended vide S.O. 216(E) dated 16th March, 1998 (published at (1998) 145 CTR (St) 76], by a period of two more years beginning with assessment year 1999-2000 ;

This Corrigendum contains amendment to Income-tax Act, 1961, carried out on 23rd Feb., 2000 not reproduced here as it is already contained in the body of the act itself.

[F No. NC-159/99]

Notification: 11249

Section(s) Referred: s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 23/2/2000

Where as by notification of the Government of India in the Ministry of Finance Number S.O. 469(E) dated the 2nd July, 1996, [published at (1996) 133 CTR (St) 46], issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 15, (a) Survey, Medical camps, polio operation and help through aids and appliances for disabled, (b) educational help to disabled boys and girls; (c) instrumental/trade help for their self-reliant and self-employment training; (d) building construction for disabled trainees hostel and home for aged disabled ; in whole of Gujarat, by Society for the Training and Vocational Rehabilitation of the Disabled, Junigadhi, near Municipal Quarters, Mill Road, Vadodara-390006, Gujarat, as an eligible project or scheme for a period of three years beginning with assessment year 1997-98, which was extended vide S.O. No. 756(E) dated 10th September, 1999 [published at (1999) 156 CTR (St) 13] by a period of one more year in relation to assessment year 2000-2001;

This Corrigendum contains amendment to Income-tax Act, 1961, carried out on 23rd Feb., 2000 not reproduced here as it is already contained in the body of the act itself.

[F No. NC-159/99]

Notification: 11250

Section(s) Referred: s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 23/2/2000

Where by notification of the Government of India in the Ministry of Finance Number S.O. 469(E) dated the 2nd July, 1996 [published at (1996) 133 CTR (St) 46], issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 3, running expenses for Mobile Medical Aid Projects in Rural Areas of Nagaland, Assam, West Bengal, Bihar, U.P. Gujarat, Tamilnadu, Andhra Pradesh, etc., by Bharat Sevashram Sangha, Ballygunge, Calcutta-700019, as an eligible project or scheme for a period of three years beginning with assessment year 1997-98;

This Corrigendum contains amendment to Income-tax Act, 1961, carried out on 23rd Feb., 2000 not reproduced here as it is already contained in the body of the act itself.

[F. No. NC-159/99]

Notification: 11251

Section(s) Referred: s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 23/2/2000

Whereas by notification of the Government of India in the Ministry of Finance Number S.O. 602(E) dated the 12th August, 1993 [published at (1993) 113 CTR (St) 59], issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 5, construction of Ayodhya Charitable Trust's General Hospital at Pune, by Ayodhya Charitable Trust's General Hospital, Wanowrie Village, Pune-411002, as an eligible project or scheme for a period of three years beginning with assessment year 1994-95, which was extended vide S.O. No. 257(E) dated 27th March, 1997 [published at (1997) 139 CTR (St) 8], by a period of three more years beginning with assessment year 1997-98 ;

This Corrigendum contains amendment to Income-tax Act, 1961, carried out on 23rd Feb., 2000 not reproduced here as it is already contained in the body of the act itself.

[F. No. NC-159/99]

Notification: 11252

Section(s) Referred: s. 10(23C)(vi)

Statute: INCOME TAX

Date of Issue: 23/2/2000

In exercise of the powers conferred by the sub-clause (vi) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Montgomery Guru Nanak Educational Trust, Jalandhar" for the purpose of the said sub-clause for the assessment years 1999-2000 to 2001-2002 :

Provided that the trust conforms to and complies with the provisions of sub-clause (vi) of clause (23C) of section 10 of the Income-tax Act, 1961, read with rule 2CA of the Income-tax Rules, 1962.

The assessee will regularly file its return of income before the Income-tax authority in accordance with the provision of Income-tax Act, 1961.

[F. No. 197/9/2000-ITA.I]

Notification: 776

Section(s) Referred: s. 10(23C)(vi)

Statute: INCOME TAX

Date of Issue: 23/2/2000

In exercise of the powers conferred by sub-clause (vi) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the central Government hereby notifies the Montgomery Guru Nanak Educational Trust, Jalandhar, for the purpose of the said sub-clause for the assessment years 1999-2000 to 2001-2002.

Provided that the trust conforms to and complies with the provisions of sub-clause (vi) of clause (23C) of section 10 of the Income-tax Act, 1961, read with rule 2CA of the Income-tax Rules, l962.

The assessee will regularly file its return of income before the income-tax authority in accordance with the provisions of the Income tax Act, 1961.

[Notification No. 11252/F. No. 197/9/2000-ITA-I]

Notification: S.O. 155(E)

Section(s) Referred: s. 35AC(b) ,r. 11M(5)

Statute: INCOME TAX

Date of Issue: 23/2/2000

Whereas by notification of the Government of India in the Ministry of Finance Number S.O. 388(E), dated the 19th May, 1997, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 16, purchase of medicines, equipments and ambulances and financial assistance to poor patients coming to hospitals at Mumbai, Maharashtra by Maitri Mandal Trust, c/o. Suresh R. Toprani, Malad (East), Mumbai, as an eligible project or scheme for a period of three years beginning with the assessment year 1998-99.

And whereas the said project or schemes is likely to extend beyond three years;

And whereas the National Committe being satisfied that the said project or scheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962, for specifying the said project or scheme for a further period of three years;

Now, therefore, the Central Government in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of purchase of medicines, equipments and ambulance and financial assistance to poor patients coming to hospitals at Mumbai, Maharashtra, which is being carried out by Maitri Mandal Trust, c/o. Suresh R. Toprani, Malad (East), Mumbai, at the estimated cost of rupees eighty-five lakhs fifty thousand only, as an eligible project or scheme for a further period of three years beginning with the assessment year 2001-2002.

[No. 11241/F.No. NC-159/99]

Notification: S.O. 156(E)

Section(s) Referred: s. 35AC(b) ,r. 11M(5)

Statute: INCOME TAX

Date of Issue: 23/2/2000

Whereas by notification of the Government of India in the Ministry of Finance Number S.O. 180(E), dated 10th March, 1997, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 17, construction, purchase of equipments and furnishing of a 50 bed hospice for the care of the terminally ill cancer patients at Bangalore, Karnataka, by Bangalore Hospice Trust, c/o. Indian Cancer Society, HAL, Bangalore-560075, as an eligible project or scheme for a period of three years beginning with the assessment year 1997-98.

And whereas the said project or scheme is likely to extend beyond three years;

And whereas the National Committee being satisfied that the said project or scheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962, for specifying the said project or scheme for a further period of three years;

Now, therefore, the Central Government in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of construction, purchase of equipments and furnishing of a 50 bed hospice for the care of the terminally ill cancer patients at Bangalore, Karnataka, which is being carried out by Bangalore Hospice Trust, c/o. Indian Cancer Society, HAL, Bangalore-560075, at the estimated cost of rupees two crore seventy-one lakhs fifty thousand only, as an eligible project or scheme for a further period of three years beginning with the assessment year 2001-2002.

[No. 11242/F.No. NC-159/99]

Notification: S.O. 157(E)

Section(s) Referred: s. 35AC(b) ,r. 11M(5)

Statute: INCOME TAX

Date of Issue: 23/2/2000

Whereas by notification of the Government of India in the Ministry of Finance Number S.O. 862(E), dated the 12th December, 1997, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961, (43 of 1961), the Central Government had specified at serial number 8, construction of building, purchase of equipments and running of hospital at Vaso, Nadiad, by Vaso Arogya Mandal, Shri C.M. Shah General Hospital, Kheda, Gujarat, as an eligible project or scheme for a period of three years beginning with the assessment year 1998-99.

And whereas the said project or scheme is likely to extend beyond three years;

Now, therefore, the Central Government in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of construction of building, purchase of equipments and running of hospital at Vaso, Nadiad, by Vaso Arogya Mandal, Shri C.M. Shah General hospital, Kheda, Gujarat, at the estimated cost of rupees forty-two lakhs only, as an eligible project or scheme for a further period of three years beginning with the assessment year 2001-2002.

[No. 11243/F. No. NC-159/99]

Notification: S.O. 158(E)

Section(s) Referred: s. 35AC(b) ,r. 11M(5)

Statute: INCOME TAX

Date of Issue: 23/2/2000

Whereas by Notification of the Government of India in the Ministry of Finance Number S.O. 180(E), dated the 10th March, 1997, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 13, rehabilitation and education of the blind in Gujarat State by National Association for the blind (Gujarat State Branch), Dr. Vikram Sarabhai Road, Vastrapur, Ahmedabad, Gujarat, as an eligible project or scheme for a period of three years beginning with the assessment year 1997-98.

And whereas the said project or scheme is likely to extend beyond three years;

Now, therefore, the Central Government in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of rehabilitation and education of the blind in Gujarat State, which is being carried out by National Association for the Blind (Gujarat State Branch), Dr. Vikram Sarabhai Road, Vastrapur, Ahmedabad, Gujarat, at the estimated cost of rupees fifty-four lakhs forty-five thousand only, as an eligible project or scheme for a further period of three years beginning with the assessment year 2000-2001.

[No. 11244/F. No. NC-159/99]

Notification: S.O. 159(E)

Section(s) Referred: s. 35AC(1)(b) ,r. 11M(5)

Statute: INCOME TAX

Date of Issue: 23/2/2000

Whereas by notification of the Government of India in the Ministry of Finance, Number S.O. 54(E), dated the 16th January, 1998, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 13, rural development project-construction of buildings for primary school, women and child welfare centre, staff quarters, guest house, laboratory and library hall, kitchen and dining hall, meditation hall, administrative block at Vinaypuram, District-Bhilwara, Rajasthan, by Anuvrat Gram Bharti Sansthan, Vinaypuram, P. O. Chankshed, Tehsil-Mandal, District-Bhilwara, Rajasthan, as an eligible project or scheme for a period of three years beginning with the assessment year 1998-99.

And whereas the said project or scheme is likely to extend beyond three years;

Now, therefore, the Central Government in exercise of the powers conferred by sub-section (1) read with clause (b) of the section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of rural development project--construction of buildings for primary school, women and child welfare centre, staff quarters, guest house, laboratory and library hall, kitchen and dining hall, meditation hall, administrative block at Vinaypuram, District-Bhilwara, Rajasthan, which is being carried out by Anuvrat Gram Bharti Sansthan, Vinaypuram, P. O. Chankshed, Tehsil-Mandal, District-Bhilwara, Rajasthan, at the estimated cost of rupees sixty lakhs only as an eligible project or scheme for a further period of three years beginning with the assessment year 2001-2002.

[No. 11245/F. No. NC-159/99]

Notification: S.O. 160(E)

Section(s) Referred: s. 35AC(b) ,r. 11M(5)

Statute: INCOME TAX

Date of Issue: 23/2/2000

Whereas by notification of the Government of India in the Ministry of Finance Number S.O. 198(E), dated the 12th March, 1998, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 6, purchase of equipments and running of hospital at Vatrak, Sabarkantha, Gujarat, by Shri K.K. Shah Sabakantha Arogya Mandal, P.O. Vatrak, Taluk-Bayad, District-Sabarkantha-383 326, Gujarat, as an eligible project or scheme for a period of three years beginning with the assessment year 1998-99.

Whereas the said project or scheme is likely to extend beyond three years;

Now, therefore, the Central Government in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of purchase of equipments and running of hospital at Vatrak, Sabarkantha Arogya Mandal, P.O. Vatrak, Taluk--Bayad, District-Sabarkantha-383 326, Gujarat, at the estimated cost of rupees ninety lakhs sixty thousand only, as an eligible project or scheme for a further period of three years beginning with the assessment year 2001-2002.

[No. 11246/F. No. NC-159/99]

Notification: S.O. 161(E)

Section(s) Referred: s. 35AC(b) ,r. 11M(5)

Statute: INCOME TAX

Date of Issue: 23/2/2000

Whereas by notification of the Government of India in the Ministry of Finance Number S.O. 180(E), dated the 10th March, 1997, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 11, "Kanoli-vision Saver" Eye Camps--a rural outreach programme on eye care at villages around Chennai, Chengai-MGR District, Tamilnadu, by Sri Sankara Health Centre, Hospital Complex, Sri Sankara Nagar, Pammal, Chennai-600075, as an eligible project or scheme for a period of three years beginning with the assessment year 1997-98.

And whereas the said project or scheme is likely to extend beyond three years;

Now, therefore, the Central Government in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of a "Kanoli-vision Saver" Eye Camps-- a rural outreach programme on eye care at villages around Chennai, Chengai-MGR District, Tamilnadu, which is being carried out by Sri Sankara Health Centre, Hospital Complex, Sri Sankara Nagar, Pammal, Chennai-600 075, at the estimated cost of rupees forty five lakhs only, as an eligible project or scheme for a further period of three years beginning with the assessment year 2000-2001.

[No. 11247/F. No. NC-159/99]

Notification: S.O. 162(E)

Section(s) Referred: s. 35AC(b) ,r. 11M(5)

Statute: INCOME TAX

Date of Issue: 23/2/2000

Whereas by notification of the Government of India in the Ministry of Finance Number S.O. 228(E), dated the 17th March, 1994, issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 5, development and extension of educational, medical and sports facilities to rural areas (through construction of school building, centre of education and rooms in schools with provision of equipment, mobile education van, hospital building with equipment, mobile medical unit and prevention and cure of occupational diseases and ground tracks and auditorium/stadium) in 50 villages around Ankleswar, by Ankleswar Industrial Development Society, K-1/205, GIDC Industrial Estate, Post Box No. 24, Ankleswar-393 002, as an eligible project or scheme for a period of three years beginning with the assessment year 1994-95, which was extended vide S.O. No. 218(E), dated 19th March, 1996, by a period of two more years beginning with assessment year 1997-98, which was further extended vide S.O. No. 216(E), dated 16th March, 1998, by a period of two more years beginning with the assessment year 1999-2000.

And whereas the said project or scheme is likely to extend beyond seven years;

Now, therefore, the Central Government in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of development and extension of educational, medical and sports facilities to rural areas (through construction of school building, centre of education and rooms in schools with provision of equipment, mobile educational van, hospital building with equipment, mobile medical unit and prevention and cure of occupational diseases and ground tracks and auditorium/stadium) in 50 villages around Ankleswar, which is being carried out by Ankleswar Industrial Development Society, K-1/205, GIDC Industrial Estate, P. O. 24, Ankleswar-393 002, at the estimated cost of rupees six hundred lakhs only, as an eligible project or scheme for a further period of three years beginning with the assessment year 2001-2002.

[No. 11248/F.No. NC-159/99]

Notification: S. O. 163(E)

Section(s) Referred: s. 35AC(1)(b) ,r. 11M(5)

Statute: INCOME TAX

Date of Issue: 23/2/2000

Whereas by notification of the Government of India in the Ministry of Finance Number S.O. 469(E), dated the 2nd July, 1996, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 15, (a) survey, medical camps, polio operation and help through aids and appliances for disabled; (b) educational help to disabled boys and girls; (c) instrumental/trade help for their self-reliant and self-employment training; (d) building construction for disabled trainees hostel and home for aged disabled; in whole of Gujarat, by Society for the Training and Vocational Rehabilition of the Disabled Junigadhi, Near Municipal Quarters, Mill Road, Vadodara-390 006, Gujarat, as an eligible project or scheme for a period of three years beginning with the assessment year 1997-98 which was extended vide S.O. No. 756(E), dated 10th September, 1993, by a period of one more year in relation to the assessment year 2000-2001.

And whereas the said project or scheme is likely to extend beyond four years;

Now, therefore, the Central Government in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of (a) survey, medical camps, polio operation and help through aids and appliances for disabled; (b) educational help to disabled boys and girls; (c) instrumental/trade help for their self-reliant and self-employment training; (d) building construction for disabled trainees hostel and home for aged disabled; in whole of Gujarat, which is being carried out by society for the Training and Vocational Rehabilition of the Disabled Junigadhi, Near Municipal Quarters, Mill Road, Vadodara-390 006, Gujarat, at the estimated cost of rupees thirty four lakhs ninety seven thousand only, as an eligible project or scheme for a further period of three years beginning with the assessment year 2001-2002.

[No. 11249/F.No. NC-159/99]

Notification: S.O. 164(E)

Section(s) Referred: s. 35AC(1)b) ,r. 11M(5)

Statute: INCOME TAX

Date of Issue: 23/2/2000

And whereas the said project or scheme is likely to extend beyond three years;

Now, therefore, the Central Government in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of running expenses for mobile medical aid projects in rural areas of Nagaland, Assam, West Bengal, Bihar, UP, Gujarat, Tamil Nadu, Andhra Pradesh etc., which is being carried out by Bharat Sevashram Sangha, Ballygune, Calcutta-700 019, at the estimated cost of rupees ninety-six lakhs only, as an eligible project or scheme for a further period of three years beginning with the assessment year 2000-2001.

[No. 11250/F.No. NC-159/99]

Notification: S.O. 165(E)

Section(s) Referred: s. 35AC(1)(b) ,r. 11M(5)

Statute: INCOME TAX

Date of Issue: 23/2/2000

Whereas by notification of the Government of India in the Ministry of Finance Number S.O. 602(E), dated the 12th August, 1993, issued under sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 5, construction of Ayodhya Charitable Trust's General Hospital at Pune, by Ayodhya Charitable Trust's General Hospital, Wanowire Village, Pune-411 002, as an eligible project or scheme for a period of three years beginning with the assessment year 1994-95, which was extended vide S.O. No. 257(E), dated 27th March, 1997, by a period of three more years beginning with assessment year 1997-98.

And whereas the said project or scheme is likely to extend beyond six years;

And whereas the National Committee being satisfied that the said project or scheme is being executed properly, made a further recommendation under sub-rule (5) or rule 11M of the Income-tax Rules, 1962, for specifying the said project or scheme for a further period of three years;

Now, therefore, the Central Government in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of construction of Ayodhya Charitable Trust's General Hospital, at Pune, which is being carried out by Ayodhya Charitable Trust's General Hospital, Wanowire Village, Pune-411 002, at the estimated cost of rupees eighty nine lakhs twenty five thousand only, as an eligible project or scheme for a further period of three years beginning with the assessment year 2000-2001.

[No. 11251/F.No. NC-159/99]

Notification: 11253

Section(s) Referred: s. 10(23C)(vi) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 6/3/2000

In exercise of the powers conferred by the sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Joint Plant Committee, Calcutta" for the purpose of the said sub-clause for the assessment years 1996-97 to 1998-99 subject to the following conditions, namely :

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established;

(iii) this notification will not apply in relation to any income being profits and gains of business, unless the business is incidental to the attainment of the objectives of the assessee and separate books of 'accounts are maintained in respect of such business ;

(iv) The assessee will regularly file its return of the income before the Incometax authority in accordance with the provisions of the Income-tax Act, 1961.

[F. No. 197/139/99-ITA-I]

Notification: 11254

Section(s) Referred: s. 10(23C)(iv) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 6/3/2000

In exercise of the powers conferred by the sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Export Promotion Council for Handicrafts, New Delhi" for the purpose of the said sub-clause for the assessment years 1999-2000 to 2001-2002 subject to the following conditions, namely :

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established ;

(iv) The assessee will regularly file its return of income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[F. No. 197/133/99-ITA-I]

Notification: 11255

Section(s) Referred: s. 10(23C)(iv) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 6/3/2000

In exercise of the powers conferred by the sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Indian National Trust for Art and Cultural Heritage, New Delhi", for the purpose of the said sub-clause for the assessment years 1996-97 to 1998-99 subject to the following conditions, namely :

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established ;

(iv) The assessee will regularly file its return of income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[F. No. 197/144/99-ITA-I]

Notification: 11256

Section(s) Referred: s. 10(23C)(v) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 6/3/2000

In exercise of the powers conferred by the sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "ECLOF-India Public Charitable Trust, Periamet, Chennai" for the purpose of the said sub-clause for the assessment years 1997-98 to 1999-2000 subject to the following conditions, namely :---

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established;

(iv) The assessee will regularly file its return of the income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[F. No. 197/5/2000-ITA-I]

Notification: 11257

Section(s) Referred: s. 10(23C)(v) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 6/3/2000

In exercise of the powers conferred by the sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Sri Nanak Jhira Saheb Foundation, Bidar, Karnataka" for the purpose of the said sub-clause for the assessment years 1993-94 to 1995-96 subject to the following conditions, namely :

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established;

(iv) The assessee will regularly file its return of the income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[F. No. 197/164/97-ITA-I]

Notification: 767

Section(s) Referred: s. 10(23C)(v) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 6/3/2000

In exercise of the powers conferred by sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (45 of 1961), the Central Government hereby notifies the ECLOF-India Public Charitable Trust, Periamet, Chennai, for the purpose of the said sub-clause for the assessment years 1997-98 to 1999-2000 subject to the following conditions, namely :---

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established ;

(iii) this notification will not apply in relation to any income being profits and gains of business. unless the business is incidental to the attainment of the objectives of the assessee and separate books of account are maintained in respect of such business ;

(iv) the assessee will regularly file its return of income before the income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[Notification No. 11256/F. No. 197/5/2000-ITA-I]

Notification: 768

Section(s) Referred: s. 10(23C)(v) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 6/3/2000

In exercise of the powers conferred by sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (45 of 1961), the Central Government hereby notifies the Sri Nanak Jhira Saheb Foundation, Bidar, Karnataka, for the purpose of the said sub-clause for the assessment years 1993-94 to 1995-96 subject to the following conditions, namely :---

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established ;

(iv) the assessee will regularly file its return of income before the income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[Notification No. 11257/F. No. 197/164/1997-ITA-I]

Notification: 11258

Section(s) Referred: s. 10(23C)(iv) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 8/3/2000

In exercise of the powers conferred by the sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Centre for Public Sector Studies, New Delhi" For the purpose of the said sub-clause for the assessment years 1996-97 to 1998-99 subject to the following conditions, namely :

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established ;

(iv) the assessee will regularly file its return of income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[F. No. 197/114/99-ITA-1]

Notification: 11259

Section(s) Referred: s. 10(23C)(iv) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 8/3/2000

In exercise of the powers conferred by the sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "International Commission on Irrigation and Drainage, New Delhi" for the purpose of the said sub-clause for the assessment years 1999-2000 to 2001-2002 subject to the following conditions namely :

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established ;

(iv) the assessee will regularly file its return of income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[F. No. 197/127/99-ITA-I]

Notification: 11260

Section(s) Referred: s. 10(23C)(iv) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 14/3/2000

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 "Institute of Economic Journalism, New Delhi" for the purpose of the said sub-clause for the assessment years 1997-98 to 1999-2000 subject to the following conditions, namely :

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established;

(iii) this notification will not apply in relation to any income being profits and gains of business, unless the business is incidental to the attainment of the objectives of the assessee and separate books of, accounts are maintained in respect of such business ;

(iv) the assessee will regularly file its return of income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[F. No. 197/106/99-ITA-I]

Notification: 11261

Section(s) Referred: s. 10(23C)(iv) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 14/3/2000

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 "Maharana Pratap Smarak Samiti, Udaipur, Rajasthan" for the purpose of the said sub-clause for the assessment years 1996-97 to 1998-99 subject to the following conditions, namely :

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established ;

(iv) the assessee will regularly file its return of income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[F. No. 197/132/99-ITA-I]

Notification: 11262

Section(s) Referred: s. 10(23C)(via)

Statute: INCOME TAX

Date of Issue: 14/3/2000

In exercise of the powers conferred by the sub-clause (via) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Deepak Gupta Memorial Foundation, New Delhi" for the purpose of the said sub-clause for the assessment years 1999-2000 to 2001-2002 :

Provided that the Foundation conforms to and complies with the provisions of sub-clause (via) of clause (23C) of section 10 of the Income-tax Act, 1961, read with rule 2CA of the Income-tax Rules, 1962.

The assessee will regularly file its return of income before the Income-tax authority in accordance with the provision of Income-tax Act, 1961.

[F. No. 197/10/2000-ITA-I]

Notification: 11263

Section(s) Referred: s. 10(23C)(v) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 14/3/2000

In exercise of the powers conferred by sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Shri Arasuri Ambaji Mataji Devasthan Trust, Ambaji" for the purpose of the said sub-clause for the assessment years 1992-93 to 1994-1995 subject to the following conditions, namely :

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established ;

(iv) the assessee will regularly file its return of income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[F. No. 197/99/97-ITA-I]

Notification: 11264

Section(s) Referred: s. 10(23C)(v) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 14/3/2000

In exercise of the powers conferred by sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the " Sri Sri Jagatguru Shankaracharya Mahasanathanam Dakshinamnaya Sri Sharda Pith, Sringeri" for the purpose of the said sub-clause for the assessment years 1999-2000 to 2001-2002 subject to the following conditions, namely :

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established ;

(iv) the assessee will regularly file its return of income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[F. No. 197/14/2000-ITA-I]

Notification: 11265

Section(s) Referred: s. 10(15)(iv)

Statute: INCOME TAX

Date of Issue: 14/3/2000

In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies Tax-free Bonds of the National Housing Bank-Swarn Jayanti Rural Housing Finance, 1999-2000 (Third Series) of rupees one lakh each carrying an interest of 8.5% per annum for a period of seven years for an amount of rupees one hundred fifty crores only bearing distinctive members from C-00001 to C-15,000 issued during 1999-2000 by the National Housing Bank for the purpose of the said section :

Provided that the benefit under the said section shall be admissible only if the holder of such bonds registers his or her name and the holding with the said Bank.

[F. No. 178/81/99-ITA-I]

Notification: 11266

Section(s) Referred: s. 80L(1)(ii)

Statute: INCOME TAX

Date of Issue: 14/3/2000

(i) the Industrial Development Bank of India Regular Income Bond bearing distinctive numbers from 000001 to 2448263 of the face value of rupees five thousand each ;

(ii) the Industrial Development Bank of India Growing Interest Bond bearing distinctive numbers from 2500001 to 2923034 of the face value of rupees five thousand each;

(iii) the Industrial Development Bank of India Retirement Bond bearing distinctive numbers from 3000001 to 3009257 of the face value of rupees five thousand each; and

issued from 27th July, 1999 to 19th Aug., 1999 by the Industrial Development Bank of India, Mumbai, a Corporation established under section 3 of the Industrial Development Bank of India Act, 1964 (10 of 1964) in its public issue of bonds in Flexibonds-7 series, for the purposes of the said clause.

[F. No. 178/11/2000-ITA-I]

Notification: 11267

Section(s) Referred: s. 80-IA(4)(iii)

Statute: INCOME TAX

Date of Issue: 14/3/2000

Whereas the Central Government, in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as said Act), has framed and notified a scheme for industrial park, by the notification of the Government of India in the Ministry of Commerce and Industry (Department of Industrial Policy and Promotion) number S.O. 1201(E), dated the 1st December, 1999 [(2000) 158 CTR (St) 43], for the period beginning on the 1st day of April, 1997 and ending on the 31st day of March, 2002;

And whereas M/s International Tech Park Limited having its registered office at International Tech Park Whitefield Road, Bangalore-560066, has developed, maintains and operates an industrial park ;

And whereas the Central Government has approved the said Industrial Park subject to terms and conditions mentioned in the annexure to this notification;

Now, therefore, in excise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the said Act, the Central Government hereby notifies the undertaking, developed and being maintained and operated by M/s International Tech Park Limited, as an industrial park for the purpose of the said clause.

ANNEXURE

The terms and conditions on which the approval of Government of India has been accorded for setting up of an industrial park by the International Tech Park, Bangalore.

1. (i) Name of the Promoter/ Industrial Information Technology Park Undertaking Limited

(ii) Proposed location Address : International Tech Park, Whitefield Road Distt. : Bangalore State : Karnataka Pin Code : 560 066 Tel. No. : 841 0570 Fax No. : 841 0588

(iii) Proposed area of Industrial Park 14,86,897.5 Sq. ft.

(iv) Proposed activities National Industrial Classification 1987 Code,

Section 4, section 6, section 7 (division 75 only) and section 8 (Group 892, 893, 894 and 895 only).

(v) Percentage of allocable area proposed 91% for industrial use

(vi) Percentage of land ear-marked for 09% commercial use.

(vii) Proposed No. of industrial units 100 units

(viii) Total investments proposed 561.57 crores (Amount in rupees)

(ix) Investment on built up space for 343.95 cores Industrial use (Amounts in Rupees).

(x) Investment on Infrastructure 413.91 crores Development. (Amount in Rupees)

2. The minimum percentage of the area to be allocated for industrial use shall not be less than 66 per cent of the total allocable area. The allocable area will mean the net area, which is available for allocation for industrial, commercial or residential purpose and will exclude such area as is used for provision of common facilities like power, telecom, roads, green belt, In case of an industrial park which is making available the built up space, the allocable area will mean the net floor area which is available for allocation and will exclude the built up space used for locating common facilities like air-conditioning and other telecommunication installations.

3. Industrial use shall include any activity defined in the National Industrial Classification 1987 code except the following codes :

Section 0 Section 1 Section 5 Section 7 excluding Division 75 Section 8 excluding Group 892, 893, 894, 895 Section 9 Section X Section XI

4. The percentage of land to be earmarked for commercial use shall not be more than 10 per cent of the allocable area.

5. In case of an Industrial Model Town and industrial park, the minimum investment on infrastructure development shall not be less than 50 per cent of the total project cost. In the case of a project of an industrial park which provides built up space for industrial use, the minimum expenditure on infrastructure development including cost of construction of industrial space, shall not be less than 60 per cent of the total cost.

6. Infrastructure development shall include expenditure on common facilities like roads (including approach roads), water supply and sewerage, common effluent treatment facility, generation and distribution of power for use of the units to be located in the Industrial Model Town/industrial park, telecom network, etc. and such other facilities as are for common use for industrial activity which are identifiable and are provided on commercial terms.

7. No single unit in any project shall occupy more than 50 per cent of the allocable industrial area of an Industrial Model Town/industrial park. For this purpose a unit means a separate taxable entity.

8. Necessary approvals including that for Foreign Direct Investment Non-resident Indian Investment by the Foreign Investment Promotion Board/Reserve Bank of India, shall be taken separately as per the policy and procedure in force.

9. Information Technology Park Limited, International Tech Park, Whitefield Road, Bangalore shall continue to operate the industrial park during the period in which the benefits under section 80-IA of the Income-tax Act are to be availed.

10. The Central Government may withdraw the above approval in case the Information Technology Park Limited, International Tech Park, Whitefield Road, Bangalore fail to comply with any of the conditions stated above.

11. Any amendment of the project plan without the approval of the Central Government or detection, in future, or failure on the part of the applicant to disclose any material fact, will invalidate this notification.

[F. No. 178/9/2000-ITA-I]

Notification: 11268

Section(s) Referred: s. 10(23G) ,r. 2E ,r. 2E(7)

Statute: INCOME TAX

Date of Issue: 14/3/2000

It is notified for general information that enterprises/industrial undertakings, listed at para (3) below have been approved by the Central Government for the purpose of section 10(23G) of the IT Act, 1961, read with rule 2E of the Incometax Rules, 1962, for the assessment years 1999-2000, 2000-2001 and 2001-2002.

2. The approval is subject to the condition that :

(i) the enterprise/industrial undertaking will conform to and comply with the provisions of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962;

(ii) the Central Government shall withdraw this approval if the enterprise/industrial undertaking :

(a) ceases to carry on infrastructure facility ; or

(b) fails to maintain books of account and get such accounts audited by an accountant as required by sub-rule (7) of rule 2E of the Income-tax Rules, 1962; or

3. The enterprises/industrial undertakings approved are :

(i) 1x210 MW Sanjay Gandhi Thermal Power Station (Unit 2) at Birsinghpur Pali, M.P., 2x210 MW Sanjay Gandhi Thermal Power Station (Units 3 & 4) at Birsinghpur Pali, M.P., 2x10 MW Bansagar Hydel Electric Project IV at Jhinna, Distt. Satna, MP, 3x15 MW Rajghat Hydel Electric Project at Chanderi, Distt, Guna, MP, 3x40 MW Hasdeo Bango Hydro Electric Project at Machadoli, Distt. Bilaspur, MP, 1x850 KW Korba Mini Macro Hydel Electric Project at Bilaspur, MP, 3x600 KW Chambal Mini Macro Hydel Electric Project at Morena, MP, 2x500 KW Satpura Mini Macro Hydel Electric Project at Betul, MP, 1x250 KW Tilwara Mini Macro Hydel Electric Project at Seoni, MP, 1x250 KW Chargaon Jatlpura Mini Macro Hydel Electric Project at Seoni, MP and 2x1200 KW Bimgarh Mini Macro Hydel Electric Project at Seoni, MP of M/s Madhya Pradesh State Electricity Board, Post Box No. 34, Jabalpur, Madhya Pradesh. (F. No. 205/98-ITA-II).

(ii) 2x250 MW Coal Based Power Project at Goindwal Sahib, Punjab of M/s GVK Power (Goindwal Sahib) Limited, Kohinoor, Road No. 1, Banjara Hills, Hyderabad-500034. (F. No. 205/125/99-ITA--II).

(iii) Expansion and Development of Dhamra Port on BOOST basis by M/s Dhamra Port Company Private Limited, 133, Surya Nagar, Bhubaneshwar-751003, under the agreement dated 2nd April, 1998 between Government of Orissa and M/s International Seaport Pte. Ltd. (F. No. 205/166/99-ITA-II).

(iv) 367 MW(Gross) Combined Cycle Captive Power Plant at Dolvi, Distt, Raigad, Maharashtra of M/s Ispat Energy Limited, "Nirmal", 7th Floor, Nariman Point, Mumbai-400021. (F. No. 205/183/99-ITA-II).

(v) 500 MW Lignite-based Thermal Power Station at Jayamkondam, Distt. Perambulur, Tamil Nadu of M/s Jayamkondam Power (P) Ltd. No. 38, Dr. Karuppiah Nagar, Jayamkondam, Udayapalayam Taluk, Perambulur Distt. Tamilnadu-621802 (F. No. 205/190/99-ITA-II).

(vi) Construction of Six Bridges across the rivers Manneru, Palleru, Musi, Gundlakamma, Mudigonda on NH 5 along with Minor Bridge at KM---273/6 under BOT scheme by M/s PVR Industries Ltd. 6/3/249/2/A, PVR Chambers, Banjara Hills Main Road, Hyderabad-500034, under the agreement dated 9th April, 1997 between President of India, Governor of Andhra Pradesh, M/s P.V. Raj & Co. and M/s P.V.R. Industries Ltd. (F. No. 205/168/99-ITA-II).

(vii) Formation of Mini Bye-pass Road to Eluru Town under BOT Scheme by M/s P.V.R. Industries Ltd. 6-3-249/2/A, P.V.R. Chambers, Banjara Hills Main Road, Hyderabad-500034, under agreement dated 2nd November, 1997 between Governor of Andhra Pradesh, M/s P.V. Raj & Co. and M/s P.V.R. Industries Ltd. (F. No. 205/168/99-ITA-II).

(viii) 4x4 MW Bhoothathankettu Hydro Electric Project at Ernakulam Distt. Kerala and 2x3.3 MW Periyar-Vaigai Hydro Electric Project in Vairavanar Barrage-1, Tamil Nadu of M/s Silical Metallurgic Limited, 473-J, Ramanuja Nagar, Uppilipalayam Post, Coimbatore-641015 (F. No. 205/169/99-ITA-II).

(ix) 5 MW Natural Gas based Thermal Power Project at Nallur in Tiruvarur Distt., Tamil Nadu of M/s Southern Energy Development Corporation Ltd. TIAM House, V Floor, 28 Rajaji Salai, Chennai-600001 (F. No. 205/158/99-ITA-II)

(x) 156.1 MW Gas-based Combined Cycle Power Project at Hazira, Distt. Surat, Gujarat of M/s Gujarat State Energy Generation Ltd. Block-15, 3rd Floor, Udyog Bhawan, Sector-11, Gandhinagar-382011 (F. No. 205/188/99-ITA-II).

[F. No. 205/6/98-ITA-II & Ors.]

Notification: 11269

Section(s) Referred: s. 10(23G) ,s. 80-IA(4)(i)

Statute: INCOME TAX

Date of Issue: 14/3/2000

In exercise of the powers conferred by Explanation c(i) of section 10(23G) and Explanation (a) to clause (i) of sub-section (4) of section 80-IA of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby notifies the items listed at Sl. No. 1 to 6 as infrastructure facilities of similar nature to the infrastructure facility for the purposes of section 10(23G) and item listed at Sl. No. 7 for the purposes of section 10(23G) and 80-IA.

1. Mass Rapid Transit system

2. Light Rail Transit system.

3. Expressways.

4. Intra-urban/semi-urban roads like ring roads/urban by passes/flyovers.

5. Bus and truck terminals.

6. Subways.

7. Road dividers. [F. No. 205/170/99/ITA-II]

Notification: 11270

Section(s) Referred: s. 35(1)(ii) ,r. 6

Statute: INCOME TAX

Date of Issue: 14/3/2000

It is hereby notified for general information that the organisations mentioned below have been approved by the Central Government for the period mentioned against their names, for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with Rule 6 of the Income-tax Rules, 1962 under the category "Institution" subject to the following conditions :

(i) The notified Institution shall maintain separate books of accounts for its research activities ;

(ii) The notified Institution shall furnish the Annual Return of its scientific research activities to the Secretary, Department of Scientific & Industrial Research, "Technology Bhawan", New Mehrauli Road, New Delhi-110016 for every financial year on or before 31st May of each year ;

(iii) The notified Institution shall submit, on behalf of the Central Government to (a) the Director General of Income-tax (Exemptions), 10 Middleton Row, 5th Floor, Calcutta-700071(b) the Secretary, Department of Scientific & Industrial Research, and (c) the Commissioner of Income-tax/Director of Income-tax (Exemptions), having jurisdiction over the organisation, on or before the 31st October each year, a copy of its audited Annual Accounts and also a copy of audited Income & Expenditure Account in respect of its research activities for which exemption was granted under sub-section (1) of section 35 of IT Act, 1961 in addition to the return of income-tax to the designated assessing officer.

-------- S. No Name of the organisation approved Period for which Notification is effective -------- 1. Kasturba Health Society, P.O. Sevagram Wardha, Maharashtra-442102 [F. No. 203/61/99-ITA-II] 1-4-1999 to 31-3-2002

2. Vastu Shilp Foundation for Studies & Research in Environmental Design, Sangath, Thal Tej Road, Ahmedabad 380054 [F. No. 203/33/2000-ITA-II] 1-4-1999 to 31-3-2000

3. Jaslok Hospital & Research Centre, 15, Dr. G. Deshmukh Marg, Mumbai-400026 [F. No. 203/18/2000-ITA-II] 1-4-1999 to 31-3-2002

4. Regional Cancer Centre, P.O. Box No. 2417, Medical College Campus, Thiruvananthapuram-695011 [F. No. 203/40/2000/ITA.II] 1-4-1999 to 31-3-2002

5. Current Science Association, P.O. Box No. 8001, C.V. Raman Avenue, Sadashivnagar Post, Bangalore-560080 [F. No. 203/45/2000/ITA.II] 1-4-1999 to 31-3-2000

6. The Karnataka Cancer Therapy & Research Institute, Nayanagar, Hubai-580025, Karnataka [F. No. 203/44/2000/ITA.II] 1-4-1999 to 31-3-2001

7. Shivasadan Renewable Energy Research Institute, 192/3, Industrial Estate, Sangli, Maharashtra-416416 [F. No. 203/38/2000- ITA-II] 1-4-1999 to 31-3-2002 --------

[F. No. 203/61/99-ITA-II & Ors.]

Notification: 11271

Section(s) Referred: s. 35(1)(ii) ,r. 6

Statute: INCOME TAX

Date of Issue: 14/3/2000

It is hereby notified for general information that the organisation mentioned below has been approved by the Central Government for the period mentioned against their names, for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with Rule 6 of the Income-tax Rules, 1962 under the category "college" subject to the following conditions :

(i) The notified college shall maintain separate books of accounts for its research activities;

(ii) The notified college shall furnish the Annual Return of its scientific research activities to the Secretary, Department of Scientific & Industrial Research, "Technology Bhawan', New Mehrauli Road, New Delhi-110016 for every financial year on or before 31st May of each year ;

(iii) The notified college shall submit, on behalf of the Central Government, to (a) the Director General of Income-tax (Exemptions), 10 Middleton Row, 5th Floor, Calcutta-700071, (b) the Secretary, Department of Scientific & Industrial Research, and (c) the Commissioner of Income-tax/Director of Income-tax (Exemptions), having jurisdiction over the Organisation, on or before the 31st October each year, a copy of its audited Annual Accounts and also a copy of audited Income & Expenditure Account in respect of its research activities for which exemption was granted under sub-section (1) of section 35 of the IT Act, 1961 in addition to the return of income-tax to the designated Assessing Officer.

-------- S. No. Name of the organisation approved Period for which Notification is effective -------- 1. Bhartiya Vaidayak Samanyaya Samiti's All India Ayurved Research Institute, Shri Ayurved Research Institute, Dhanvantri Marg, Hanuman Nagar, Nagpur-440009 1-4-1999 to 31-3-2002 --------

[F. No. 203/35/2000-ITA-II]

Notification: 11272

Section(s) Referred: s. 36(1)(viii)

Statute: INCOME TAX

Date of Issue: 14/3/2000

It is notified for general information that M/s Infrastructure Development Finance Company Ltd. Chennai, has been approved by the Central Government as a Corporation engaged for providing long-term finance for industrial development in the country for the purposes of section 36(1)(viii) of the Income-tax Act, 1961, for the assessment year 1999-2000.

2. The approval is subject to the condition that the company will conform to and comply with the provisions of section 36(1)(viii) of the IT Act, 1961. [F. No. 204/15/97/ITA.II]

Notification: 733

Section(s) Referred: s. 10(23G) ,r. 2E ,r. 2E(7)

Statute: INCOME TAX

Date of Issue: 14/3/2000

It is notified for general information that enterprises/industrial under taking, listed at para (3) below have been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 1999-2000, 2000-2001 and 2001-2002.

2. The approval is subject to the condition that ---

(i) the enterprise/industrial undertaking will conform to and comply with the provisions of section 10(23G) of the Income tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962 ;

(ii) the Central Government shall withdraw this approval if the enterprise/industrial undertaking :

(a) ceases to carry on infrastructure facility ; or

(b) fails to maintain books of account and get such accounts audited by an accountant as required by sub-rule (7) of rule 2E of the Income-tax Rules, 1962 ; or

3. The enterprises/industrial undertakings approved are :

(i) 1 x 210 mw. Sanjay Gandhi Thermal Power Station (Unit 2) at Birsinghpur Pali, M.P., 2 x 210 mw. Sanjay Gandhi Thermal Power Station (Units 3 and 4) at Birsinghpur Pali, M.P., 2 x 10 mw. Bansagar Hydel Electric Project IV at Jhinna, Distt. Satna, M.P., 3 x 15 mw Rajghat Hydel Electric Project at Chanderi, Distt. Guna, M.P., 3 x 40 mw. Hasdeo Bango Hydro Electric Project at Machadoli Distt., Bilaspur, M.P., 1 x 850 kw. Korba Mini Macro Hydel Electric Project at Bilaspur, M.P., 3 x 600 kw. Chambal Mini Macro Hydel Electric Project at Morena, M.P., 2 x 500 kw. Satpura Mini Macro Hydel Electric Project at Betal, M.P., 1 x 250 kw. Tilwara Mini Macro Hydel Electric Project at Seoni, M.P., 1 x 800 kw. Chargaon Jatlpura Mini Macro Hydel Electric Project at Seoni, M.P. and 2 x 1200 kw. Bimgarh Mini Macro Hydel Electric Project at Seoni, M.P. of Madhya Pradesh State Electricity Board, Post Box No. 34, Jabalpur, Madhya Pradesh (F. No. 205/6/98 ITA-II).

(ii) 2 x 250 mw. coal based power project at Goindwal Sahib, Punjab of GVK Power (Goindwal Sahib) Limited, Kohinoor, Road No. 1, Banjara Hills, Hyderabad-500 034 (F. No. 205/125/99-ITA-II).

(iii) Expansion and development of Dhamra Port on Boost basis by Dhamra Port Company Private Limited, 133, Surya Nagar, Bhubaneshwar -751 003, under the agreement dated 2-4-98 between Government of Orissa and International Seaport Pvt. Ltd. (F. No. 205/166/@)9-ITA-II)

(iv) 367 mw. (gross) combined Cycle Captive Power Plant at Dolvi, Distt. Raigard, Maharashtra of Ispat Energy Limited, "Nirmal", 7th Floor, Nariman Point, Mumbai-400 021. (F. No. 205/183/99-ITA-II).

(v) 500 mw. lignite based Thermal Power Station at Jayamkondam, Distt. Perambulur, Tamil Nadu of Jayamkondam Power (P.) Ltd., No. 38, Dr. Karuppiah Nagar, Jayamkondam, Udayapalayam Taluk, Perambulur Distt., Tamilnadu -621 802 (F. No. 205/190/99-ITA-II).

(vi) Construction of six bridges across the rivers Manneru, Palleru, Musi, Gundlakamma, Mudigonda on NII 5 along with minor bridge at KM 273/6 under BOT Scheme by PVR Industries Ltd., 6-3-249/2/A, PVR Chambers, Banjara Hills Main Road, Hyderabad-500 034, under the agreement dated 9-4-97 between President of India, Governor of Andhra Pradesh, PV Raj and Co. and PVR Industries Ltd. (F. No. 205/168/99-ITA-II).

(vii) Formation of mini bye-pass road to Eluru Town under BOT Scheme by PVR Industries Ltd., 6-3-249/2/A, PVR Chambers, Banjara Hills Main Road, Hyderabad-500 034, under agreement dated 2-11-97 between Governor of Andhra Pradesh, PV Raj and Co. and PVR Industries Ltd. (F.No.205/168/99-ITA-II).

(viii) 4 x 4 mw. Bhoothathankettu Hydro Electric Project at Ernakulam Distt., Kerala, and 2 x 3.3 mw. Periyar-Vaigai Hydro Electric Project in Vairavanar Barrage-I, Tamil Nadu of Silical Metallurgic Limited, 473-J, Ramanuja Nagar, Uppilipalayam Post, Coimbatore-641 015 (F. No. 205/169/99-ITA-II).

(ix) 5 mw. natural gas based Thermal Power Project at Nallur in Tiruvarur Distt., Tamil Nadu of Southern Energy Development Corporation Ltd., TIAM House, V Floor, 28 Rajaji Salai, Chennai-600 001 (F. No. 205/ 158/99-ITA-II).

(x) 156.1 mw gas based combined Cycle Power Project at Hazira, Distt. Surat, Gujarat, of Gujarat State Energy Generation Ltd., Block 15, 3rd Floor, Udyog Bhawan, Sector-11, Gandhinagar-382 011 (F. No. 205/188/99-ITA-II).

[Notification No. 11268/F. No. 205/6/98 ITA-II]

Notification: 734

Section(s) Referred: s. 35(1)(ii) ,r. 6

Statute: INCOME TAX

Date of Issue: 14/3/2000

It is hereby notified for general information that the organisations mentioned below have been approved by the Central Government for the period mentioned against their names, for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962, under the category "Institution" subject to the following conditions :

(i) The notified institution shall maintain separate books of account for its research activities;

(ii) The notified institution shall furnish the annual return of its scientific research activities to the Secretary, Department of Scientific and Industrial Research, "Technology Bhawan", New Mehrauli Road, New Delhi-110 016 for every financial year on or before 31st May of each year ;

(iii) The notified institution shall submit, on behalf of the Central Government, to (a) the Director-General of Income-tax (Exemptions). 10 Middleton Row, 5th Floor, Calcutta-700 071, (b) the Secretary, Department of Scientific and Industrial Research, and (c) the Commissioner of Income-tax/Director of Income-tax (Exemptions), having jurisdiction over the organisation, on or before 31st October each year, a copy of its audited annual accounts anti also a copy of audited income and expenditure account in respect of its research activities for which exemption was granted under sub-section (1) of section 35 of the Income-tax Act, 1961, in addition to the return of income-tax to the designated Assessing Officer.

-------- S. Name of the organisation approved Period for which notification No. is effective -------- 1 2 3 -------- 1. Kasturba Health Society, P.O. Sevagram, Wardha, Maharashtra-442 102. (F. No. 203/ 1-4-99 to 31-3-2002 61/99-ITA-II)

2. Vastu Shilp Foundation for Studies and Research in Environmental Design, Sangath, 1-4-99 to 31-3-2000 Thal Tej Road, Ahmedabad-380 054 (F. No. 203/33/2000-ITA-II)

3. Jaslok Hospital and Research Centre, 15, Dr. G. Deshmukh Marg, Mumbai-400 026 (F. No. 1-4-99 to 31-3-2002 203/18/2000-ITA-II)

4. Regional Cancer Centre, P.O. Box No. 2417, Medi- cal College Campus, Thiruvananthapuram- 1-4-99 to 31-3-2002 695 011 (F. No. 203/40/2000-ITA-II)

5. Current Science Association, P. 0. Box No. 8001, C.V. Raman Avenue, Sadashivnagar Post, 1-4-99 to 31-3-2000 Bangalore-560 080 (F. No. 203/45/2000-ITA-II)

6. The Karnataka Cancer Therapy and Research Institute, Nayanagar, Hubli-580 025, Karna- 1-4-99 to 31-3-2001 taka (F. No. 203/44/2000-ITA-II)

7. Shivsadan Renewable Energy Research Insti- tute, 192/3, Industrial Estate, Sangli, Maha- 1-4-99 to 31-3-2002 rashtra-416 416 (F. No. 203/38/2000-ITA-II) --------

[Notification No. 11270/F. No. 203/61/99-ITA-II]

Notification: 735

Section(s) Referred: s. 35(1)(ii) ,r. 6

Statute: INCOME TAX

Date of Issue: 14/3/2000

It is hereby notified for general information that the organisations mentioned below have been approved by the Central Government for the period mentioned against their names, for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962, under the category "college" subject to the following conditions :

(i) The notified college shall maintain separate books of account for its research activities ;

(ii) The notified college shall furnish the annual return of its scientific research activities to the Secretary, Department of Scientific and Industrial Research, "Technology Bhawan", New Mehrauli Road, New Delhi-110 016 for every financial year on or before 31st May of each year ;

(iii) The notified college shall submit, on behalf of the Central Government, to, (a) the Director-General of Income-tax (Exemptions), 10 Middleton Row, 5th Floor, Calcutta-700 071, (b) the Secretary, Department of Scientific and Industrial Research, and (c) the Commissioner of Income-tax/Director of Income-tax (Exemptions), having jurisdiction over the organisation, on or before 31st October each year, a copy of its audited annual accounts and also a copy of audited income and expenditure account in respect of its research activities for which exemption was granted under sub-section (1) of section 35 of the Income-tax Act, 1961, in addition to the return of income-tax to the designated Assessing Officer.

-------- Sl. Name of the organisation approved Period for which noti- No. fiction is effective -------- 1. Bhartiya Vaidayak Samanvaya Samiti's All India 1-4-99 to 31-3-2002 Ayurved Research Institute, Shri Ayurved Research Institute, Dhanvantri Marg, Hanuman Nagar, Nag- pur-440 009 --------

[Notification No. 11271/F. No. 203/35/2000-ITA-II]

Notification: 736

Section(s) Referred: s. 36(1)(viii)

Statute: INCOME TAX

Date of Issue: 14/3/2000

It is notified for general information that Infrastructure Development Finance Company Ltd., Chennai, has been approved by the Central Government as a Corporation engaged for providing long-term finance for industrial development in the country for the purposes of section 36(1)(viii) of the Income-tax Act, 1961, for the assessment year 1999-2000.

2. The approval is subject to the condition that the company will conform to and comply with the provisions of section 36(1)(viii) of the Income-tax Act, 1961.

[Notification No. 11272/F. No. 204/15/97-ITA-II]

Notification: 769

Section(s) Referred: s. 10(23C)(via)

Statute: INCOME TAX

Date of Issue: 14/3/2000

In exercise of the powers conferred by sub clause (via) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Deepak Gupta Memorial Foundation, New Delhi, for the purpose of the said sub-clause for the assessment years 1999-2000 to 2001-2002.

Provided that the foundation conforms to and complies with the provisions of sub-clause (via) of clause (23C) of section 10 of the Income-tax, 1961, read with rule 2CA of the Income-tax Rules, 1962.

The assessee will regularly file its return of income before the income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[Notification No. 11262/F.No. 197/10/2000-ITA-I]

Notification: 770

Section(s) Referred: s. 10(23C)(v) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 14/3/2000

In exercise of the powers conferred by sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Shri Arasuri Ambaji Mataji Devasthan Trust, Ambaji, for the purpose of the said sub-clause for the assessment years 1992-93 to 1994-95 subject to the following conditions, namely :---

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established ;

(iv) the assessee will regularly file its return of income before the income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[Notification No. 11263/F. No. 197/99/1997-ITA-I]

Notification: 771

Section(s) Referred: s. 10(23)(v) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 14/3/2000

In exercise of the powers conferred by sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the central Government hereby notifies the Sri Sri Jagatguru Shankaracharya Mahasanathanam Dakshinamnaya Sri Sharda Peetham, Sringeri, for the purpose of the said sub-clause for the assessment years 1999-2000 to 2001-2002 subject to the following conditions, namely :---

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established ;

(iv) the assessee will regularly file its return of income before the income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[Notification No. 11264/F. No. 197/14/2000-ITA-I]

Notification: S. O. 237(E)

Section(s) Referred: s. 80L(1)(ii)

Statute: INCOME TAX

Date of Issue: 14/3/2000

(i) the Industrial Development Bank of India Regular Income bearing distinctive numbers from 000001 to 2448263 of the face value of rupees five thousand each ;

(ii) the Industrial Development Bank of India Growing Interest Bond bearing distinctive numbers from 2500001 to 2923034 of the face value of rupees five thousand each

(iii) the Industrial Development Bank of India Retirement Bond bearing distinctive numbers from 3000001 to 3009257 of the face value of rupees five thousand each ; and

issued from July 27, 1999 to August 19, 1999, by the Industrial Development Bank of India, Mumbai, a Corporation established under section 3 of the Industrial Development Bank of India Act, 1964 (10 of 1964) in its public issue of bonds in Flexibonds 7 series, for the purposes of the said clause.

[Notification No. 11266/F. No. 178/11/2000-ITA-I]

Notification: S. O. 238(E)

Section(s) Referred: s. 10(15)(iv)

Statute: INCOME TAX

Date of Issue: 14/3/2000

In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies Tax-free Bonds of the National Housing Bank-Swarn Jayanti Rural Housing Finance, 1999-2000 (Third Series) of rupees one lakh each carrying an interest of 8.5 per cent. per annum for a period of seven years for an amount of rupees one hundred fifty crores only bearing distinctive numbers from C-00001 to C-15000 issued during 1999-2000 by the National Housing Bank for the purpose of the said section.

Provided that the benefit under the said section shall be admissible only if the holder of such bonds registers his or her name and the holding with the said Bank.

[Notification No. 11265/F. No. 178/81/99-ITA-I]

Notification: 11274

Section(s) Referred: s. 90

Statute: INCOME TAX

Date of Issue: 15/3/2000

Notification No. 11273, dt. 15th March, 2000 Whereas the annexed Convention between the Government of the Republic of India and the Government of the Kingdom of Morocco for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income has come into force on the 20th day of February, 2000 on the notification by both the Contracting States to each other, under Article 29 of the said Convention, of the completion of the procedures required by their respective laws for bringing into force of the said Convention ;

Now, therefore, in exercise of the powers conferred by section 90 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby directs that all the provisions of the Convention shall be given effect to in the Union of India.

ANNEXURE CONVENTION BETWEEN THE REPUBLIC OF INDIA AND THE KINGDOM OF MOROCCO FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME

The Government of the Republic of India and the Government of the Kingdom of Morocco desiring to conclude a Convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income have agreed as follows :

ARTICLE 1 Scope of the Convention

This Convention shall apply to persons who are residents of one or both of the Contracting States.

ARTICLE 2 Taxes Covered

1. This Convention shall apply to taxes on income imposed on behalf of a Contracting State or of its political sub-divisions or local authorities irrespective of the manner in which they are levied.

2. There shall be regarded as taxes on income all taxes imposed on total income, or on elements of income, including taxes on gains from the alienation of movable or immovable property.

3. The existing taxes to which this Convention shall apply are in particular :

(a) In the Republic of India:

the income-tax, including any surcharge thereon; (hereinafter referred to as "Indian tax").

(b) In the Kingdom of Morocco ;

(i) General income-tax;

(ii) corporation tax;

(iii) the tax on income from the shares or social parts and assimilated income;

(iv) the tax on immovable property profits;

(v) the participation on the national solidarity;

(vi) the tax on income from fixed yield investments;

(hereinafter referred to as "Moroccan tax").

4. This Convention shall also apply to any identical or substantially similar taxes which are imposed by either Contracting State after the date of signature of the present Convention in addition to, or in place of, the taxes referred to in paragraph 3. The competent authorities of the Contracting States shall notify each other of any substantial changes which are made in their respective taxation laws.

ARTICLE 3 General Definitions

1. In this Convention, unless the context otherwise requires :

(a) the term 'India" means the territory Of India and includes the territorial sea and airspace above it, as well as any other maritime zone in which India has sovereign rights, other rights and jurisdictions, according to the Indian law and in accordance with international law and, in particular, the U.N. Convention on the Law of the Sea.

(b) the term "Morocco" means the Kingdom of Morocco; and when used in geographical sense the term "Morocco" includes :

(i) the territory of the Kingdom of Morocco, the territorial sea thereof; and

(ii) the maritime areas beyond the territorial sea, including the seabed and subsoil thereof (continental shelf) and the exclusive economic zone over which Morocco exercises sovereign rights, in accordance With its domestic laws and international law, for the purpose of exploration and exploitation of the natural resources of such areas.

(d) the term "company" means any body corporate or any entity which is treated as a company or body corporate under the taxation laws in force in the respective Contracting States;

(e) the term "competent authority" means :

(i) in the case of India, the Central Government in the Ministry of Finance, Department of Revenue, or their authorised representative;

(ii) in the case of Morocco, the Minister of Finance or his authorised representative.

(f) the terms "enterprise of a Contracting State" and "enterprise of the other Contracting State" mean respectively an enterprise carried on by a resident of a Contracting State and an enterprise carried on by a resident of the other Contracting State ;

(g) the term "fiscal year" means :

(i) in the case of India, "previous year" as defined in section 3 of the Income-tax Act, 1961 ;

(ii) in the case of Morocco, a "fiscal exercise" as defined under the laws relating to the General Income-tax and the Corporation Tax.

(h) the term "international traffic" means any transport by a ship or aircraft operated by an enterprise which is a resident of a Contracting State, except when the ship or aircraft is operated solely between places in the other Contracting State;

(i) the term "national" means any individual, possessing the nationality of a Contracting State and any legal person, partnership or association deriving its status from the laws in force in the Contracting State;

(j) the term "person" includes an individual, a company, a body of persons and any other entity which is treated as a taxable unit under the taxation laws in force in the respective Contracting States ;

(k) the term "tax" means Indian tax or Moroccan tax, as the context requires, but shall not include any amount other than tax which is payable in respect of any default or omission in relation to the taxes to which this Convention applies or which represents a penalty or fine imposed relating to those taxes.

2. As regards the application of this Convention by a Contracting State, any term not defined therein shall, unless the context otherwise requires, have the meaning which it has under the law of that State concerning the taxes to which this Convention applies.

ARTICLE 4 Resident

1. For the purposes of this Convention, the term "resident of a Contracting State" means any person who, under the laws of that State or any political subdivision or local authority thereof is liable to tax therein by reason of his domicile, residence, place of management or any other criterion of a similar nature. This term, however, does not include any person who is liable to tax in that State in respect only of income from sources in that State.

2. Where, by reason of the provisions of paragraph 1, an individual is a resident of both Contracting States, then his status shall be determined as follows :

(a) he shall be deemed to be a resident only of the State in which he has a permanent home available to him; if he has a permanent home available to him in both States, he shall be deemed to be a resident of the State with which his personal and economic relations are closer (centre of vital interests) ;

(c) if he has an habitual abode in both States or in neither of them, he shall be deemed to be a resident only of the State of which he is a national;

(d) if he is a national of both States or of neither of them, the competent authorities of the Contracting States shall settle the question by mutual agreement.

3. Where, by reason of the provisions of paragraph 1, a person other than an individual is a resident of both Contracting States, then it shall be deemed to be a resident only of the State in which its place of effective management is situated.

ARTICLE 5 Permanent Establishment

1. For the purposes of this Convention, the term "permanent establishment" means a fixed place of business through which the business of an enterprise is wholly or partly carried on.

2. The term "permanent establishment" includes especially :

(a) a place of management;

(b) a branch;

(d) a factory;

(e) a workshop ;

(f) a mine, an oil or gas well, a quarry or any other place of extraction of natural resources"

(g) a sales outlet ;

(h) a warehouse in relation to a person providing storage facilities for others;

(i) a farm, plantation or other place where agricultural, forestry, plantation or related activities are carried on; and

(j) a building site or construction or assembly project or supervisory activities in connection therewith, but only where such site, project or activity continues for a period of more than eight months.

3. An enterprise shall be deemed to have a permanent establishment in a Contracting State and to carry on business through that permanent establishment if it provides services or facilities in connection with, or supplies plant and machinery on hire used for or to be used in the prospecting for, or extraction or exploitation of mineral oils in that State.

4. Notwithstanding the preceding provisions of this Article, the term " permanent establishment" shall be deemed not to include :

(a) the use of facilities solely for the purpose of storage, display or delivery of goods or merchandise belonging to the enterprise;

(b) the maintenance of a stock of goods or merchandise belonging to the enterprise solely for the purpose of storage, display or delivery ;

(c) the maintenance of a stock of goods or merchandise belonging to the enterprise solely for the purpose of processing by another enterprise;

(d) the maintenance of a fixed place of business solely for the purpose of purchasing goods or merchandise or of collecting information, for the enterprise;

(e) the maintenance of a fixed place of business solely for the purpose of carrying on, for the enterprise, any other activity of a preparatory or auxiliary character;

5. Notwithstanding the provisions of paragraphs 1 and 2, where a person-other than an agent of an independent status to whom paragraph 7 applies-is acting on behalf of an enterprise and has, and habitually exercises, in a Contracting State an authority to conclude contracts on behalf of the enterprise, that enterprise shall be deemed to have a permanent establishment in that State in respect of any activities which that person undertakes for the enterprise, unless the activities of such person are limited to those mentioned in paragraph 4 of this Article, which if exercised through a fixed place of business would not make this fixed place of business a permanent establishment under the provisions of that paragraph.

6. Notwithstanding the preceding provisions of this Article, an insurance enterprise of a Contracting State shall, except in regard to re-insurance, be deemed to have a permanent establishment in the other Contracting State if it collects premiums in the territory of that other State or insures risks situated therein through a person other than an agent of an independent status to whom paragraph 7 applies.

7. An enterprise of a Contracting State shall not be deemed to have a permanent establishment in the other Contracting State merely because it carries on business in that other State through a broker, general commission agent or any other agent of an independent status provided that such persons are acting in the ordinary course of their business. However, when the activities of such an agent are devoted wholly or almost wholly on behalf of that enterprise, he will not be considered an agent of an independent status within the meaning of this paragraph.

8. The fact that a company which is a resident of a Contracting State controls or is controlled by a company which is a resident of the other Contracting State, or which carries on business in that other Contracting State (whether through a permanent establishment or otherwise), shall not of itself constitute either company a permanent establishment of the other.

ARTICLE 6 Income from Immovable Property

2. The term "immovable property" shall have the meaning which it has under the laws of the Contracting State in which the property in question is situated. The term shall in any case, include property, accessory to immovable property, livestock and equipment used in agriculture and forestry, rights to which the provisions of general law respecting landed property apply, usufruct of immovable property and rights to variable or fixed payments as consideration for the working of, or the right to work, mineral deposits, sources and other natural resources. Ships, boats and aircraft shall not be regarded as immovable property.

3. The provisions of paragraph 1 shall apply to income derived from the direct use, letting, or use in any other form of immovable property.

ARTICLE 7 Business Profits

For the purposes of this Article, where a permanent establishment takes an active part in negotiating, concluding or fulfilling contracts entered into by the enterprise, then notwithstanding that other parts of the enterprise have also participated in those transactions, there shall be attributed to the permanent establishment that proportion of profits of the enterprise arising out of those contracts as the contribution of the permanent establishment to those transactions bears to that of the enterprise as a whole.

3. In determining the profits of a permanent establishment, there shall be allowed as deductions, expenses which are incurred for the purposes of business of the permanent establishment, including executive and general administrative expenses so incurred, whether in the State in which the permanent establishment is situated or elsewhere, in accordance with the provisions of the tax laws, and subject to the limitations laid down therein.

4. In so far as it has been customary in a Contracting State to determine the profits to be attributed to a permanent establishment on the basis of an apportionment of the total profits of the enterprise to its various parts, nothing in paragraph 2 shall preclude that Contracting State from determining the profits to be taxed by such an apportionment as may be customary. The method of apportionment adopted shall, however, be such that the result shall be in accordance with the principles contained in this Article.

5. No profits shall be attributed to a permanent establishment by reason of the mere purchase by that permanent establishment of goods or merchandise for the enterprise.

6. For the purposes of the preceding paragraphs, the profits to be attributed to the permanent establishment shall be determined by the same method year by year unless there is good and sufficient reason to the contrary.

7. Where profits include items of income which are dealt with separately in other Articles of this Convention, then the provisions of those Articles shall not be affected by the provisions of this Article.

ARTICLE 8 Shipping and Air Transport

1. Profits derived by an enterprise of a Contracting State from the operation of ships or aircraft in international traffic shall be taxable only in that State.

2. Profits derived by a transportation enterprise which is a resident of a Contracting State from the use, maintenance, or rental of containers (including trailers and other equipment for the transport of containers) used for the transport of goods or merchandise in international traffic shall be taxable only in that Contracting State unless the containers are used solely within the other Contracting State.

3. For the purposes of this Article, interest on funds directly connected with the operation of ships or aircraft in international traffic shall be regarded as profits described in this Article, and the provisions of Article 11 (interest) shall not apply in relation to such interest.

4. The provisions of paragraph 1 shall also apply to profits from the participation in a pool, a joint business or an international operating agency.

ARTICLE 9 Associated Enterprises

1. Where :

(a) an enterprise of a Contracting State participates directly or indirectly in the management, control or capital of an enterprise of the other Contracting State ; or

(b) the same persons participate directly or indirectly in the management, control or capital of an enterprise of a Contracting State and an enterprise of the other Contracting State ;

and in either case conditions are made or imposed between the two enterprises in their commercial or financial relations which differ from those which would be made between independent enterprises, then any profits which would, but for those conditions, have accrued to one of the enterprises, but, by reason of those conditions, have not so accrued, may be included in the profits of that enterprise and taxed accordingly.

2. Where a Contracting State includes in the profits of an enterprise of that State---and taxes accordingly---profits on which an enterprise of the other Contracting State has been charged to tax in that other State and the profits so included are profits which would have accrued to the enterprise of the first-mentioned State if the conditions made between the two enterprises had been those which would have been made between independent enterprises, then that other State shall make an appropriate adjustment to the amount of the tax charged therein on those profits. In determining such adjustment, due regard shall be had to the other provisions of this Convention and the competent authorities of the Contracting States shall, if necessary consult each other.

ARTICLE 10 Dividends

1. Dividends paid by a company which is a resident of a Contracting State to a resident of the other Contracting State may be taxed in that other State.

2. However, such dividends may also be taxed in the Contracting State of which the company paying the dividends is a resident, and according to the laws of that State, but if the recipient is the beneficial owner of the dividends, the tax so charged shall not exceed 10 per cent of the gross amount of the dividends. This paragraph shall not affect the taxation of the company in respect of the profits out of which the dividends are paid.

3. The term "dividends" as used in this Article means income from shares, or other rights, (not being debt-claims), participating in profits, as well as income from other corporate rights which is subjected to the same-taxation treatment as income from shares by the laws of the Contracting State of which the company making the distribution is a resident.

4. The provisions of paragraphs 1 and 2 shall not apply if the beneficial owner of the dividends, being a resident of a Contracting State, carries on business in the other Contracting State, of which the company paying the dividends is a resident, through a permanent establishment situated therein, or performs in that other Contracting State independent personal services from a fixed base situated therein, and the holding in respect of which the dividends are paid is effectively connected with such permanent establishment or fixed base. In such case, the provisions of Article 7, or Article 14, as the case may be, shall apply.

5. Where a company which is a resident of a Contracting State derives profits or income from the other Contracting State, that other State, may not impose any tax on the dividends paid by the company, except in so far as such dividends are paid to a resident of that other State or, in so far as the holding in respect of which the dividends are paid is effectively connected with a permanent establishment or a fixed base situated in that other State, nor subject the company's undistributed profits to a tax on the company's undistributed profits, even if the dividends paid or undistributed profits consist wholly or partly of profits or income arising in such other State.

ARTICLE 11 Interest

1. Interest arising in a Contracting State and paid to a resident of the other Contracting State may be taxed in that other Contracting State.

2. However, such interest may also be taxed in the Contracting State in which it arises and according to the laws of that Contracting State, but if the recipient is the beneficial owner of the interest, the tax so charged shall not exceed 10 per cent of the gross amount of the interest.

3. Notwithstanding the provisions of paragraph 2, interest arising in a Contracting State shall be exempt from tax in that State provided it is derived and beneficially owned by :

(i) the Government, a political sub-division, or a local authority of the other Contracting State; or

(ii) in the case of India, the Reserve Bank of India, the Industrial Finance Corporation of India, the Industrial Development Bank of India, the Export-Import Bank of India, the National Housing Bank, the Small Industries Development Bank of India and the Industrial Credit and Investment Corporation of India (ICICI); and

(iii) in the case of Morocco, the Bank A/-Maghrib (the Central Bank of Morocco), the Northern Provinces Development Agency, the Central Popular Bank and its regional agencies, the National Bank of Economic Development, the Moroccan Bank of Foreign Trade, the Communal Equipment Fund, the Immovable and Hotel Credit and the Industrial Development Office.

(iv) any other institution as may be agreed from time to time between the competent authorities of the Contracting State.

5. The provisions of paragraphs 1 and 2 shall not apply if the beneficial owner of the interest, being a resident of a Contracting State, carries on business in the other Contracting State in which the interest arises, through a permanent establishment situated therein, or performs in that other contracting State independent personal services from a fixed base situated therein, and the debt-claim in respect of which the interest is paid is effectively connected with such permanent establishment or fixed base. In such case, the provisions of Article 7 or Article 14, as the case may be, shall apply.

6. Interest shall be deemed to arise in a Contracting State when the payer is that contracting State itself, a political sub-division, a local authority or a resident of that Contracting State. Where, however, the person paying the interest, whether he is a resident of a Contracting State or not, has in a Contracting State a permanent establishment or a fixed base in connection with which the indebtedness on which the interest is paid was incurred, and such interest is borne by such permanent establishment or fixed base, then such interest shall be deemed to arise in the Contracting State in which the permanent establishment or fixed base is situated.

7. Where, by reason of a special relationship between the payer and the beneficial owner or between both of them and some other person, the amount of the interest, having regard to the debt-claim for which it is paid, exceeds the amount which would have been agreed upon by the payer and the beneficial owner in the absence of such relationship, the provisions of this Article shall apply only to the last-mentioned amount. In such case, the excess part of the payments shall remain taxable according to the laws of each Contracting State, due regard being had to the other provisions of this Convention.

ARTICLE 12 Royalties and Fees for Technical Services

1. Royalties and fees for technical services arising in a Contracting State and paid to a resident of the other Contracting State may be taxed in that other Contracting State.

2. However, such royalties or fees for technical services may also be taxed in the Contracting State in which they arise and according to the laws of that State, but if the recipient is the beneficial owner of the royalties or the fees for technical services, the tax so charged shall not exceed 10 per cent of the gross amount of the royalties or fees for technical services.

3. The term "royalties" as used in this Article means :

(a) payments of any kind received as a consideration for the use of, or the right to use, any copyright of a literary, artistic or scientific work including cinematograph films or recordings on any means of reproduction for use for radio or television broadcasting, any patent, trade mark, design or model, plan, computer software programme, secret formula or process, or for information concerning industrial, commercial or scientific experience, and

(b) payments of any kind received as consideration for the use of, or the right to use, any industrial, commercial or scientific equipment.

4. The term "fees for technical services" means payments of any kind in consideration for the rendering of managerial, technical or consultancy services including the provision of services by technical or other personnel but does not include payments for services mentioned in Articles 14 and 15 of this Convention.

5. The provisions of paragraphs 1 and 2 shall not apply if the beneficial owner of the royalties and fees for technical services, being a resident of a Contracting State, carries on business in the other Contracting State in which the royalties or fees for technical services arise, through a permanent establishment situated therein, or performs in that other Contracting State independent personal services from a fixed base situated therein, and the right or property in respect of which the royalties or fees for technical services are paid is effectively connected with such permanent establishment or fixed base. In such case, the provisions of Article 7 or Article 14, as the case may be, shall apply.

6. Royalties or fees for technical services shall be deemed to arise in a Contracting State when the payer is that State itself, a political subdivision, a local authority or a resident of that State. Where, however, the person paying the royalties or fees for technical services, whether he is a resident of a Contracting State or not, has in a Contracting State a permanent establishment or a fixed base in connection with which the liability to pay the royalties or fees for technical services was incurred, and such royalties or fees for technical services are borne by such permanent establishment or fixed base, then such royalties or fees for technical services shall be deemed to arise in the Contracting State in which the permanent establishment or fixed base is situated.

7. Where, by reason of a special relationship between the payer and the beneficial owner or between both of them and some other person, the amount of the royalties or fees for technical services, having regard to the use, right or information for which they are paid, exceeds the amount which would have been agreed upon by the payer and the beneficial owner or between both of them and some other person, in the absence of such relationship, the provisions of this Article shall apply only to the last-mentioned amount. In such case, the excess part of the payments shall remain taxable according to the laws of each Contracting State, due regard being had to the other provisions of this Convention.

ARTICLE 13 Capital Gains

2. Gains from the alienation of movable property forming part of the business property of a permanent establishment which an enterprise of a Contracting State has in the other Contracting State or of movable property pertaining to a fixed base available to a resident of a Contracting State in the other Contracting State for the purpose of performing independent personal services, including such gains from the alienation of such a permanent establishment (alone or together with the whole enterprise) or of such a fixed base, may be taxed in that other Contracting State.

3. Gains from the alienation of ships or aircraft operated in international traffic or movable property, pertaining to the operation of such ships or aircraft, shall be taxable only in the Contracting State in which the place of effective management of the enterprise is situated.

5. Gains from the alienation of shares other than those mentioned in paragraph 4 in a company which is a resident of a Contracting State may be taxed in that Contracting State.

6. Gains from the alienation of any property other than that mentioned in paragraphs 1, 2, 3, 4 and 5, shall be taxable only in the Contracting State of which the alienator is resident.

ARTICLE 14 Independent Personal Services

1. Notwithstanding the provisions of the Article 12 relating to fees for technical services, income derived by a resident of a Contracting State in respect of professional services or other independent activities of a similar character shall be taxable only in that Contracting State except in the following circumstances :

(a) if he has a fixed base regularly available to him in the other Contracting State for the purpose of performing his activities; or

(b) if his stay in the other Contracting State is for a period or periods amounting to or exceeding in the aggregate 183 days in the relevant fiscal year;

in such case, only so much of the income as is attributable to that fixed base or as is derived from his activities performed in that other Contracting State, as the case may be may also be taxed in that other Contracting State.

2. The term "professional services" includes independent scientific, literary, artistic, educational or teaching activities as well as the independent activities of physicians, surgeons, lawyers, engineers, architects, dentists and accountants.

ARTICLE 15 Dependent Personal Services

1. Subject to the provisions of Articles 16, 17, 18, 19, 20 and 21, salaries, wages and other similar remuneration derived by a resident of a Contracting State in respect of an employment shall be taxable only in that State unless the employment is exercised in the other Contracting State. If the employment is so exercised, such remuneration as is derived therefrom may be taxed in that other State.

(a) the recipient is present in the other State for a period or periods not exceeding in the aggregate 183 days in the relevant fiscal year; and

(b) the remuneration is paid by, or on behalf of, an employer who is not a resident of the other State; and

(c) the remuneration is not borne by a permanent establishment or a fixed base which the employer has in the other State.

ARTICLE 16 Directors' Fees

Directors' fees and other similar payments derived by a resident of a Contracting State in his capacity as a member of the Board of Directors of a company which is a resident of the other Contracting State may be taxed in that other Contracting State.

ARTICLE 17 Income earned by Artistes and Sportspersons

1. Notwithstanding the provisions of Articles 14 and 15, income derived by a resident of a Contracting State as an artiste, such as a theatre, motion picture, radio or television artiste, or a musician, or as a sportsperson, from his personal activities as such exercised in the other Contracting State, may also be taxed in that other State.

2. Where income in respect of personal activities exercised by an artiste or a sportsperson in his capacity as such accrues not to the artiste or sportsperson himself but to another person, that income may, notwithstanding the provisions of Articles 7, 14 and 15 be taxed in the Contracting State in which the activities of the artiste or sportsperson are exercised.

3. The provisions of paragraphs 1 and 2, shall not apply to income from activities performed in a Contracting State by entertainers or sportspersons if the visit to that State is wholly or substantially supported by public funds of one or both of the Contracting States or of political subdivisions or local authorities thereof. In such a case, the income is taxable only in the Contracting State of which the entertainer or sportsperson is a resident.

ARTICLE 18 Remuneration and Pensions in respect of Government Service

(b) However, such remuneration shall be taxable only in the other Contracting State if the services are rendered in that State and the individual is a resident of that State who :

(i) is a national of that State; or

(ii) did not become a resident of that State solely for the purpose of rendering the services.

2. (a) Any person paid by, or out of funds created by, a Contracting State or a political sub-division or a local authority thereof to an individual in respect of services rendered to that State or sub-division or authority shall be taxable only in that State.

(b) However, such pension shall be taxable only in the other Contracting State if the individual is a resident of, and a national of that other State.

3. The provisions of Articles 15, 16 and 19 shall apply to remuneration and pensions in respect of services rendered in connection with a business carried on by a Contracting State or a political sub-division or a local authority thereof.

ARTICLE 19 Non-Government Pensions and Annuities

1. Any pension, other than a pension referred to in Article 18, or any annuity derived by a resident of a Contracting State from sources within the other Contracting State may be taxed only in the first-mentioned Contracting State.

2. The term "pension" means a periodic payment made in consideration of past services.

3. The term "annuity" means a stated sum payable periodically at stated times during life or during a specified or ascertainable period of time, under an obligation to make the payments in return for adequate and full consideration in money or money's worth.

ARTICLE 20 Payments received by Students and Apprentices

1. A student or business apprentice who is or was a resident of one of the Contracting State immediately before visiting the other Contracting State and who is present in the other State solely for the purpose of his education or training, shall be exempt from tax in that other State on :

(a) payments made to him by persons residing outside that other State for the purposes of his maintenance, education or training; and

[b) remuneration from employment in that other State for an amount not exceeding the equivalent of US dollars 2000, during any fiscal year ;

provided that such employment is directly related to his studies or is undertaken for the purpose of his maintenance.

2. The benefits of this Article shall extend only for such period of time as may be reasonable or customarily required to complete the education or training undertaken, but in no event shall any individual have the benefits of this Article for more than five consecutive years from the date of his first arrival in that other Contracting State.

ARTICLE 21 Payments received by Professors, Teachers and Research Scholars

1. A professor or teacher or research scholar who is or was a resident of one of the Contracting States immediately before visiting the other Contracting State for the purpose of teaching or engaging in research, or both, at a university, college, school or other institution, approved in that other Contracting State shall be exempt from tax in that other State on any remuneration for such teaching or research for a period not exceeding two years from the date of his arrival in that other State.

2. This Article shall not apply to income from research if such research is undertaken primarily for the private benefit of a specific person or persons.

3. For the purposes of this Article and Article 20, an individual shall be deemed to be a resident of a Contracting State if he is a resident in that Contracting State in the fiscal year in which he visits the other Contracting State or in the immediately preceding fiscal year.

4. For the purposes of paragraph 1, "approved institution" means a university, college, school or other institution which has been approved in this regard by the competent authority of the concerned Contracting State.

ARTICLE 22 Other Income

1. Subject to the provisions of paragraph 2, items of income of a resident of a Contracting State, wherever arising, which are not expressly dealt with in the foregoing articles of this Convention, shall be taxable only in that Contracting State.

3. Notwithstanding the provisions of paragraphs 1&2 if a resident of a Contracting State derives income from sources within the other Contracting State in the form of lotteries, crossword puzzles, races including horse races, card games and other games of any sort or gambling or betting of any form or nature whatsoever, such income may be taxed in the other Contracting State.

ARTICLE 23 Avoidance of Double Taxation

2. In the case of India, double taxation shall be eliminated as follows :

Where a resident of India derives income which, in accordance with the provisions of this Convention, may be taxed in Morocco, India shall allow as a deduction from the tax on the income of that resident an amount equal to the income-tax paid in Morocco, whether directly or by deduction at source. Such amount shall not, however, exceed that part of the income-tax as computed before the deduction is given, which is attributable to the income which may be taxed in Morocco.

3. In the case of Morocco, double taxation shall be eliminated as follows :

Where a resident of Morocco derives income which, in accordance with the provisions of this Convention, may be taxed in India, Morocco shall allow as a deduction from the tax on the income of that resident an amount equal to the income-tax paid in India, whether directly or by deduction at source. Such deduction shall not, however, exceed that part of the income-tax, as computed before the deduction is given, which is attributable to the income which may be taxed in India.

4. The tax payable in a Contracting State mentioned in paragraphs 2 and 3 of this Article shall be deemed to include the tax which would have been payable but for the tax incentives granted under the laws of the Contracting State and which are designed to promote economic development.

5. Income which in accordance with the provisions of this Convention, is not to be subjected to tax in a Contracting State, may be taken into account for calculating the rate of tax to be imposed in that Contracting State.

ARTICLE 24 Non-discrimination

2. The taxation on a permanent establishment which an enterprise of a Contracting State has in the other Contracting State shall not be less favourably levied in that other State than the taxation levied on enterprises of that other State carrying on the same activities in the same circumstances. This provision shall not be construed as preventing a Contracting State from charging the profits of a permanent establishment which an enterprise of the other Contracting State has in the first-mentioned State at a rate higher than that imposed on the profits of a similar enterprise of the first-mentioned Contracting State, nor as being in conflict with the provisions of paragraph 3 of Article 7 of this Convention.

3. Nothing contained in this Article shall be construed as obliging a Contracting State to grant to persons not residents in that State any personal allowances, reliefs, reductions or deductions for taxation purposes which are by law available only to persons who are so resident.

4. Enterprises of a Contracting State, the capital of which is wholly or partly owned or controlled, directly or indirectly, by one or more residents of the other Contracting State, shall not be subjected in the first-mentioned State to any taxation or any requirement connected therewith which is other or more burdensome than the taxation and connected requirements to which other similar enterprises of that first-mentioned State are or may be subjected in the same circumstances.

5. In this Article, the term "taxation" means taxes which are the subject of this Convention.

ARTICLE 25 Mutual Agreement Procedure

1. Where a resident of a Contracting State considers that the actions of one or both of the Contracting States result or will result for him in taxation not in accordance with this Convention, he may, notwithstanding the remedies provided by the national laws of those States, present his case to the competent authority of the Contracting State of which he is a resident. This case must be presented within three years of the date of receipt of notice of the action which gives rise to taxation not in accordance with this Convention.

2. The competent authority shall endeavour, if the objection appears to it to be justified and if it is not itself able to arrive at an appropriate solution, to resolve the case by mutual agreement with the competent authority of the other Contracting State, with a view to the avoidance of taxation not in accordance with the Convention. Any agreement reached shall be implemented notwithstanding any time limits in the national laws of the Contracting States.

3. The competent authorities of the Contracting States shall endeavour to resolve by mutual agreement any difficulties or doubts arising as to the interpretation or application of this Convention. They may also consult together for the elimination of double taxation in cases not provided for in this Convention.

ARTICLE 26 Exchange of Information

1. The competent authorities of the Contracting States shall exchange such information (including documents), as is necessary for carrying out the provisions of this Convention or of the domestic laws of the Contracting States concerning taxes covered by the Convention in so far as the taxation thereunder is not contrary to the Convention in particular for the prevention of fraud or evasion of such taxes. The exchange of information is not restricted by Article 1. Any information received by a Contracting State shall be treated as secret in the same manner as information obtained under the domestic laws of that State and shall be disclosed only to persons or authorities (including Courts and administrative bodies) involved in the assessment or collection of, the enforcement or prosecution in respect of, or the determination of appeals in relation to, the taxes covered by the Convention. Such persons or authorities shall use the information only for such purposes. They may disclose the information in public Court proceedings or in judicial decisions. The competent authorities shall, through consultation, develop appropriate conditions, methods and techniques concerning the matters in respect of which such exchange of information shall be made, including, where appropriate, exchange of information regarding tax avoidance.

2. The exchange of information or documents shall be either on routine basis or on request with reference to particular cases or both. The competent authorities of the Contracting States shall agree from time to time on the list of the information or documents which shall be furnished on a routine basis.

3. In no case shall the provisions of paragraph 1 be construed so as to impose on a Contracting State the obligation :

(a) to carry out administrative measures at variance with the laws or administrative practice of that or of the other Contracting State;

(b) to supply information or documents which are not obtainable under the laws or in the normal course of the administration of that or of the other Contracting State;

(c) to supply information or documents which would disclose any trade, business, industrial, commercial or professional secret or trade process, or information, the disclosure of which would be contrary to public policy.

ARTICLE 27 Collection Assistance

1. The Contracting States undertake to lend assistance to each other in the collection of taxes to which this Convention relates, together with interest, costs, and civil penalties relating to such taxes referred to in this Article as a " revenue claim".

2. Request for assistance by the competent authority of a Contracting State in the collection of a revenue claim shall include a certification by such authority that under the laws of that State, the revenue claim has been finally determined. For the purposes of this Article, a revenue claim is finally determined when a Contracting State has the right under its internal law to collect the revenue claim and the taxpayer has no further rights to restrain collection.

ARTICLE 28 Diplomatic and Consular Activities

Nothing in this Convention shall affect the fiscal privileges of diplomatic and consular officials under the general rules of international law or under the provisions of special agreement.

ARTICLE 29 Entry into Force

1. The Contracting States shall notify each other in writing, through diplomatic channels, the completion of the procedure required by the respective laws for the entry into force of this Convention.

2. This Convention shall enter into force 30 days after the receipt of the later of the notifications referred to in paragraph 1 of this Article.

3. The provisions of this Convention shall have effect :

(a) in India, in respect of income arising in any fiscal year beginning on or after the first day of April next following the calendar year in which the Convention enters into force; and

(b) in Morocco, in respect of income arising on or after the first day of January of the calendar year next following the year in which this Convention enters into force.

ARTICLE 30 Termination

This Convention shall remain in force indefinitely, until terminated by a Contracting State. Either Contracting State may terminate the Convention through diplomatic channels by giving notice of termination at least six months before the end of any calendar year beginning after the expiration of five years from the date of entry into force of the Convention. In such event, the Convention shall cease to have effect :

(a) In India, in respect of income arising in any fiscal year on or after the first day of April next following the calendar year in which the notice of termination is given ;

(b) in Morocco, in respect of income arising on or after the first day of January of the calendar year next following the year in which the notice of termination is given.

In witness whereof the undersigned, being duly authorized thereto, have signed this Convention.

Done in duplicate at Rabat, this 30th day of October, 1998, in Hindi, Arabic, English and French languages, the four texts being equally authentic. In case of divergence of interpretation, the English text shall prevail.

For the Republic of India For the Kingdom of Morocco Sd/- Sd/- (K.M.R. Janarthanan) (Fatahallah Qualalou) [F. No. 503/9/91-FTD]

Notification: 11274

Section(s) Referred: s. 10(23C)(iv) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 16/3/2000

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 "Indian Trade Promotion Organisation, New Delhi" for the purpose of the said sub-clause for the assessment years 2001-2002 to 2003-2004 subject to the following conditions, namely :

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established ;

(iv) the assessee will regularly file its return of income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[F. No. 197/12/2000-ITA-I]

Notification: 11275

Section(s) Referred: s. 54EA(1)

Statute: INCOME TAX

Date of Issue: 22/3/2000

In exercise of the powers conferred by sub-section (1) of section 54EA of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby specifies the following shares and equity shares as long-term specified securities, for the purposes of said section namely :

(a) equity shares to be issued by Adani Infrastructure Services Ltd., a public company registered under the Indian Companies Act, 1956 and having its registered office at Adani House, Shrimali Society, Near Mithakhali Six Road, Navrangpura, Ahmedabad, within three years for the, date of publication of this notification, of an amount not exceeding rupees 120 (one hundred twenty) crores which are not transferable before three years after allotment :

Provided that the investment in the aforesaid shares and equity shares specified in this notification is made by an assessee out of net consideration arising from transfer of long-term capital asset in accordance with the provisions of the said section :

Provided further that in case the assessees transfers or converts (otherwise than by transfer) into money the aforesaid shares and debentures specified in this notification, allotted to him in any manner within a period of three years from the date of their allotment, the initial investment made by such assessee in such shares and debentures shall be chargeable to tax under the head "Capital Gains" in accordance with the provisions of the said section.

[F. No. 178/5/2000-ITA-I]

Notification: 11276

Section(s) Referred: s. 54EB(1)

Statute: INCOME TAX

Date of Issue: 22/3/2000

In exercise of the powers conferred by sub-section (1) of section 54EB of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby specifies the following shares and debentures as long-term specified securities, for the purposes of the said section, namely :

(a) debentures to be issued by Adani Infrastructure Services Ltd., a public company registered under the Indian Companies Act, 1956 and having its registered office at Adani House, Shrimali Society, Near Mithakhali Six Road, Navrangpura, Ahmedabad, within seven years for the date of publication of this notification, of an amount not exceeding rupees 30 (thirty) crores which are not transferable before seven years after allotment :

Provided that the investment in the aforesaid shares debentures specified in this notification is made by an assessee out of net consideration arising from transfer of long-term capital asset in accordance with the provisions of the said section :

Provided further that in case the assessees transfers or converts (otherwise than by transfer) into money the aforesaid shares and debentures specified in this notification, allotted to him in any manner within a period of seven years from the date of their allotment, the initial investment made by such assessee in such shares and debentures shall be chargeable to tax under the head "Capital Gains" in accordance with the provisions of the said section. [F. No. 178/5/2000-ITA-I]

Notification: 11277

Section(s) Referred: s. 54EA(1)

Statute: INCOME TAX

Date of Issue: 22/3/2000

In exercise of the powers conferred by sub-section (1) of section 54EA of the Income-tax Act, 1961, and in partial modification of Notification No. 11151, dated 30th November, 1999 [published at (1999) 157 CTR (St) 131], the Central Board of Direct Taxes hereby specifies the following equity and preference shares and debentures as long-term specified securities for the purposes of the said section, namely :

(a) equity shares to be issued within a period of one year from the date of publication of the Notification No. 11151, dated 30th November, 1999 in the Official Gazette, of an amount not exceeding rupees 774.3 crores by M/s Reliance Telecom Ltd. a public company registered under the Indian Companies Act, 1956 and having its registered office at Avdesh House, 3rd Floor, Pritam Nagar, 1st Slope, Ellis Bridge, Ahmedabad-380 006;

(b) preference shares to be issued within a period of one year from the date of publication of the Notification No. 11151, dated 30th November, 1999 in the Official Gazette, of an amount not exceeding rupees 750 crores by M/s Reliance Telecom Ltd., a public company registered under the India Companies Act, 1956 and having its registered office at Avdesh House, 3rd Floor, Pritam Nagar, 1st Slope, Ellis Bridge, Ahmedabad and;

(c) debentures to be issued within a period of one year from the date of publication of the Notification No. 11151, dated 30th November, 1999 in the Official Gazette, of an amount not exceeding rupees 762.2 crores by M/s Reliance Telecom Ltd. a public company registered under the Indian Companies Act, 1956 and having its registered office at Avdesh House 3rd Floor, Pritam Nagar, 1st Slope, Ellis Bridge, Ahmedabad :

Provided that the investment in the aforesaid equity shares, preference shares and debentures specified in this notification is made by an assessee out of net consideration arising from transfer of long-term capital asset in accordance with the provisions of the said section :

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid equity, preference shares and debentures specified in this notification, allotted to him in any manner within a period of three years from the date of their allotment, the initial investment made by such assessee in such equity, preference shares and debentures shall be chargeable to tax under the head "Capital Gains" in accordance with the provisions of the said section.

[F. No. 178/55/99-ITA-I]

Notification: 11278

Section(s) Referred: s. 80G(b)

Statute: INCOME TAX

Date of Issue: 22/3/2000

In exercise of the powers conferred by sub-clause (b) of sub-section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the "Radhakrishna Mandir, Calcutta" to be a place of public worship of renown throughout the State of West Bengal and other nearby States for the purpose of the said section.

The notification will be valid only for the repair/renovation work to the extent of Rs. 70,00,000 (Rupees Seventy lakhs only) and will cease to be effective after the said amount has been collected or 31st March, 2003, whichever is earlier.

[F. No. 176/1/2000-ITA-I]

Notification: 737

Section(s) Referred: s. 80G(2)(b)

Statute: INCOME TAX

Date of Issue: 22/3/2000

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 specifies the Radhakrishna Mandir, Calcutta to be a place of public worship of renown throughout the State of West Bengal and other nearby States for the purpose of the said section.

The notification will be valid only for the repair/renovation work to the extent of Rs. 70,00,000 (rupees seventy lakhs only) and will cease to be effective after the said amount has been collected or 31-3-2003, whichever is earlier.

[Notification No. 11278/F. No. 176/1/2000-ITA-I]

Notification: S. O. 258(E)

Section(s) Referred: s. 54EA(1)

Statute: INCOME TAX

Date of Issue: 22/3/2000

In exercise of the powers conferred by sub-section (1) of -section 54EA of the Income-tax Act, 1961, and in partial modification of Notification No. 11151 dated November 30, 1999, the Central Board of Direct Taxes hereby specifies the following equity and preference shares and debentures as long-term specified securities for the purposes of the said section, namely:---

(a) equity shares to be issued within a period of one year from the date of publication of the Notification No. 11151 dated November 30, 1999, in the Official Gazette of an amount not exceeding Rs. 774.3 crores by Reliance Telecom Ltd., a public company registered under the Indian Companies Act, 1956, and having its registered office at Avdesh House, 3rd Floor, Pritam Nagar, 1st Slope, Ellis Bridge, Ahmedabad380 006 ;

(b) preference shares to be issued within a period of one year from the date of publication of the Notification No. 11151 dated November 30, 1999, in the Official Gazette, of an amount not exceeding Rs. 750 crores by Reliance Telecom Ltd., a public company registered under the Indian Companies Act, 1956, and having its registered office at Avdesh House, 3rd Floor, Pritam Nagar, 1st Slope, Ellis Bridge, Ahmedabad ; and

(c) debentures to be issued within a period of one year from the date of publication of the Notification No. 11151, dated November 30, 1999, in the Official Gazette of an amount not exceeding Rs. 762.2 crores by Reliance Telecom Ltd., a public company registered under the Indian Companies Act, 1956, and having its registered office at Avdesh House, 3rd Floor, Pritam Nagar, 1st Slope, Ellis Bridge, Ahmedabad :

Provided that the investment in the aforesaid equity shares, preference shares and debentures specified in this notification is made by an assessee out of net consideration arising from transfer of long term capital asset in accordance with the provisions of the said section :

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid equity, preference shares and debentures specified in this notification, allotted to him in any manner within a period of three years from the date of their allotment, the initial investment made by such assessee in such equity, preference shares and debentures shall be chargeable to tax under the head "Capital gains" in accordance with the provisions of the said section.

[Notification No. 11277/F. No. 178/55/99-ITA-I]

Notification: S. 0. 259(E)

Section(s) Referred: s. 54EA(1)

Statute: INCOME TAX

Date of Issue: 22/3/2000

(a) equity shares to be issued by Adani Infrastructure Services Ltd., a public company registered under the Indian Companies Act, 1956, and having its registered office at Adani House, Shrimali Society, Near Mithakhali Six Road, Navrangpura, Ahmedabad, within three years for the date of publication of this notification, of an amount not exceeding Rs. 120 (one hundred twenty) crores which are not transferable before three years after allotment:

Provided that the investment in the aforesaid shares specified in this notification is made by an assessee out of net consideration arising from transfer of long-term capital asset in accordance with the provision of the said section :

Provided further that in case the assessees transfers or converts (otherwise than by transfer) into money the aforesaid shares and debentures specified in this notification, allotted to him in any manner within a period of three years from the date of their allotment, the initial investment made by such assessee in such shares and debentures shall be chargeable to tax under the head "Capital gains" in accordance with the provisions of the said section.

[Notification No. 11275/F. No. 178/5/2000/ITA-I]

Notification: S. O. 260(E)

Section(s) Referred: s. 54EB(1)

Statute: INCOME TAX

Date of Issue: 22/3/2000

(a) debentures to be issued by Adani Infrastructure Services Ltd., a public company registered under the Indian Companies Act, 1956 and having its registered office at Adani House, Shrimali Society, Near Mithakhali Six Road, Navrangpura, Ahmedabad, within seven years for the date of publication of this notification, of an amount not exceeding Rs. 30 (thirty) crores which are not transferable before seven years after allotment :

Provided that the investment in the aforesaid shares and debentures specified in this notification is made by an assessee out of net consideration arising from transfer of long-term capital asset in accordance with the provisions of the said section :

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid shares and debentures specified in this notification, allotted to him in any manner within a period of seven years from the date of their allotment, the initial investment made by such assessee in such shares and debentures shall be chargeable to tax under the head 'Capital gains" in accordance with the provisions of the said section.

[Notification No. 11276/F. No. 178/5/2000-ITA-I]

Notification: 11279

Section(s) Referred: s. 35(1)(iii) ,r. 6

Statute: INCOME TAX

Date of Issue: 23/3/2000

It is hereby notified for general information that the organisations mentioned below have been approved by the Central Government for the period mentioned against their names, for the purpose of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with Rule 6 of the Income-tax Rules, 1962, under the category "Institution" subject to the following conditions :

(i) The notified Institution shall maintain separate books of accounts for its research activities :

(ii) The notified Institution shall furnish the Annual Return of its scientific research activities to the Secretary; Department of Scientific & Industrial Research. "Technology Bhawan', New Mehrauli Road, New Delhi-110016 for every financial year on for before 31st May, of each year ;

(iii) The notified Institution shall submit, on behalf of the Central Government, to (a) the Director General of Income-tax (Exemptions), 10 Middleton Row, 5th Floor, Calcutta-700071, (b) the Secretary, Department of Scientific & Industrial Research, and (c) the Commissioner of Income-tax/Director of Income-tax (Exemptions), having jurisdiction over the Organisation, on or before the 31st October each year, a copy of its audited Annual Accounts and also a copy of audited Income & Expenditure Account in respect of its research activities for which exemption was granted under sub-section (1) of section 35 of Income-tax Act, 1961 in addition to the return of income-tax to the designated Assessing Officer.

-------- S. No. Name of the organisation approved Period for which Notification is effective -------- 1. Lalbhai Dalpatbhai Institute of Indology, Near Gujarat University, Ahmedabad 1-4-99 to 31-3-2001 380009 [F. No. 203/60/99-ITA--II]

2. Institute for Human Development, IAMR Building, 3rd Floor, I.P. Estate, Mahatma Gandhi Marg, New Delhi-110002 [F. No. 1-4-99 to 31-3-2000 203/34/2000-ITA-II]

3. Pan Asian Management & Rural Research Organisation, Mewar, Ground Floor, 40A, Pedder Road, Mumbai-400026 [F. No. 1-4-99 to 31-3-2001 203/42/2000-ITA.II]

4. Centre for Advanced Strategic Studies, M.M.D.W. Examination Hall, (old Examination Hall), Pune University Campus, Ganesh Khind Road, Pune-411007 1-4-99 to 31-3-2000 [F. No. 203/43/2000-ITA.II] --------

[F.No. 203/60/99-ITA.II & Ors.]

Notification: 11280

Section(s) Referred: s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 23/3/2000

In exercise of the powers conferred by sub-section (1) read with clause (b) to the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government on the recommendations of the National Committee, hereby approves the Institutions mentioned in column (2) of the Table below and specifies the eligible projects or schemes and the estimated cost thereof as mentioned in column (3) of the said Table and also specifies in the column (4) of the said Table, the maximum amount of such cost which may be allowed as deduction under said section 35AC, namely :

TABLE -------- Sl. Name of the Institution Project or scheme and estimated Maximum No. cost thereof amount of cost to be allowed as deduction under section 35AC -------- (1) (2) (3) (4) -------- 1 . BREAD (Bureau of Rural Young Women Education Project Rs. 3.56 lakhs Economical and in six villages (Sabalpur, Punadit, Agricultural Hanuman, Nizampur, Kasara, Development), Mohalla Natha Chak) Punadih and Pirmohani, Lane No. 3, Sabalpur Panchayats of Patna P.O. Kadamkuan, Patna- Sadar Block, Bihar, likely to cost 800003 (Bihar) Rs. 11.26 lakhs.

2. Jamnalal Bajaj Rural Development Project at Rs. 10.69 lakhs Foundation, Bajaj Wardha/Gola ( Maharashtra), Bhavan, 2nd Floor, 226, Shikohabad (U.P) likely to cost Jamanlal Bajaj Marg, Rs. 10.69 lakhs. Nariman Point, Mumbai- 400021.

3. Rural Youth Construction of Pig Stay (shed), Rs. 41.19 lakhs Development purchase of equipments/tools, Organisation (RYDO), piglets, feed, fodders, medicines Khengijang village, and running of Piggery Kumbipukhri, Development Programme at Churachandpur-795128 village Khengiang, Janglenphai, (Manipur) Tuijang, Jangnomphai, Churachandpur, District-Manipur, likely to cost Rs. 41.19 lakhs.

4. Shree Vardhman Jivdaya Running of Animal Shelter and Rs.74.00 lakhs Kendra (Luni Kutch), C/o Rescue Home (Panjrapole) and Ashok General Store, medical camps at Luni village 200, 3rd Kumbharyada, (Kutch) and nearby villages, likely Somji Buildings, to cost Rs. 100.00 lakhs, Mumbai-4.

5. Shree Anandabava Netra (a) Construction of Kidney Rs. 523.00 Chikitshalaya, C/o Gopal Hospital; (b) Purchase of lakhs Bhuvan, Anandbava equipments; (c) Running (including a Road, Limda Lane, expenses (Corpus found) ; at corpus fund of Jamnagar-361001. Anand Marg, Jamnagar; likely to Rs. 300.00 cost Rs. 523.00 lakhs (including a lakhs) corpus fund of Rs. 300.00 lakhs).

6. Vaishnav Sava Samaj Purchase of premises for Rs. 545.00 Public Charitable Trust, hospital/purchase of lakhs. Kamal Kunj, Sindhi equipments/instruments and (including a Society, Gali No. 1, running of hospital at Sindhi corpus fund of Block No. 7, Society, Sion(W), Mumbai, likely Rs. 100.00 Sion(W),Mumbai-400022. to cost Rs. 545.00 lakhs lakhs) (including a corpus fund of Rs. 100.00 lakhs).

7. Chandra Prakash Public Construction of, building with Rs. 281.00 Charitable Trust, amenities, furnishing of Shakuntla lakhs. Jatwara Road, Kaimganj, Devi Mahila Mahavidyalaya and District-Farrukhabad Balika Inter College at Kaimganj, (U.P.) District-Farrukhabad (U.P.); likely to cost Rs. 343.00 lakhs.

8. Srinivasan Services Rural Development Projects at Rs. 700.00 Trust, Jayalakshmi Thirukkurungudi, Padavedu, lakhs Estates, 8, Haddows Erattai Thirupathi and Road, Chennai-600006. Thirukkolur villages of Tamilnadu and Kembal village of Karnataka; likely to cost Rs. 700.00 lakhs.

9. The South Indian (a) Green Rating of Corporations/ Rs. 2,808.98 Education Society, Industries ; lakhs S.I.E.S. Chowk, K.A. (b) Green Accounting Procedures Subramaniam Road, in Corporations and Industries; Matunga, Mumbai (c) Centre for promotion of 400019. cleaner technologies ; (d) Eco-aquaculture and Environment Management for Coastal Acquacultre Farms; at sector-V, Plot 1-D, Nerul, Navi Mumbai, likely to cost Rs. 2,808.98 lakhs.

10. Saurashtra Kidney Construction of building Rs. 652,80 Research Institute, furnishing, purchase of lakhs Rajkot, Shri Devjibhai instruments/equipments and (including a Gokaldas Patel, C/o running of B.T. (Bhagwanji corpus fund of Kansagara Hospital, Tribhovanbhai) Savalni Kidney Rs. 245.00 Opp. Astron Cinema, Hospital of Saurashtra Kidney lakhs). Rajkot-360001. Research Institute at Rajkot, Gujarat; likely to cost Rs. 920.00 lakhs (including a corpus fund of Rs. 245.00 lakhs). --------

2. This notification shall remain in force for a period of one year in relation to assessment year 2000-2001 in respect of project or scheme mentioned at serial number 2 and for a period of three years in relation to assessment years 2000-2001, 2001-2002 and 2002-2003 in respect of projects or schemes mentioned at serial numbers 1, 3, 4, 5, 6, 7, 8, 9 and 10 of the Table.

[F. No. NC 5/2000]

Notification: 11281

Section(s) Referred: s. 54EA(1)

Statute: INCOME TAX

Date of Issue: 23/3/2000

In exercise of the powers conferred by sub-section (1) of section 54EA of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby specifies the following equity shares as long-term specified securities for the purposes of the said section, namely :

(a) equity shares to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 30 (thirty) crores by M/s Kirloskar Power Supply Company Ltd., Pune, having its registered office at Laxmanrao Kirloskar Road, Khadki, Pune-411003 :

Provided that the investment in the aforesaid equity shares specified in this notification is made by an assessee out of net consideration arising from transfer of long-term capital asset in accordance with the provisions of the said section :

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid equity, specified in this notification, allotted to him in any manner within a period of three years from the date of their allotment, the initial investment made by such assessee in such equity shares shall be chargeable to tax under the head "Capital Gains" in accordance with the provisions of the said section.

[F. No. 178/91/99-ITA-I]

Notification: 11282

Section(s) Referred: s. 54EB(1)

Statute: INCOME TAX

Date of Issue: 23/3/2000

In exercise of the powers conferred by sub-section (1) of section 54EB of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby specifies the following bonds as long-term specified securities, for the purposes of the said section, namely :

(a) Bonds to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceedings rupees 30 (thirty) crores by M/s Kirloskar Power Supply Company Ltd. a public company registered under the Indian Companies Act, 1956 and having its registered office at Laxmanrao Kirloskar Road, Khadki, Pune-411003 :

Provided that the investment in the aforesaid bonds specified in this notification is made by an assessee out of net consideration arising from transfer of long-term capital asset in accordance with the provisions of the said section :

Provided further that in case the assessees transfers or converts (otherwise than by transfer) into money the aforesaid bonds specified in this notification, allotted to him in any manner within a period of seven years from the date of their allotment, the initial investment made by such assessee in such bonds shall be chargeable to tax under the head "Capital Gains" in accordance with the provisions of the said section.

[F. No. 178/91/99-ITA-I]

Notification: 11283

Section(s) Referred: s. 54EA(1)

Statute: INCOME TAX

Date of Issue: 23/3/2000

(a) equity shares to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 100 (hundred) crores by M/s Information Technology Park Ltd., a public company registered under the Indian Companies Act, 1956 and having its registered office at Whitefield Road, Bangalore-560 066.

[F. No. 178/29/2000-ITA-I]

Notification: 11284

Section(s) Referred: s. 54EB(1)

Statute: INCOME TAX

Date of Issue: 23/3/2000

In exercise of the powers conferred by sub-section (1) of section 54EB of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby specifies the following equity shares as long-term specified securities, for the purposes of the said section, namely :

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid equity shares specified in this notification, allotted to him in any manner within a period of seven years from the date of their allotment, the initial investment made by such assessee in such debentures shall be chargeable to tax under the head "Capital Gains" in accordance with the provisions of the said section.

[F. No. 178/29/2000-ITA-I]

Notification: 775

Section(s) Referred: s. 35(1)(iii)

Statute: INCOME TAX

Date of Issue: 23/3/2000

It is hereby notified for general information that the organisations mentioned below have been approved by the Central Government for the period mentioned against their names, for the purpose of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962, under the category "institution" subject to the following conditions :

(i) The notified institution shall maintain separate books of account for its research activities ;

(iii) The notified institution shall submit, on behalf of the Central Government, to (a) the Director-General of Income-tax (Exemptions), 10 Middleton Row, 5th Floor, Calcutta-700 071, (b) the Secretary, Department of Scientific and Industrial Research, and (c) the Commissioner of Income-tax/Director of Income-tax (Exemptions), having jurisdiction over the organisation, on or before 31st October each year, a copy of its audited annual accounts and also a copy of audited income and expenditure account in respect of its research activities for which exemption was granted under sub-section (1) of section 35 of the Income-tax Act, 1961, in addition to the return of income-tax to the designated Assessing Officer.

-------- Sl. Name of the organisation approved Period for which notification No. is effective ------- 1. Lalbhai Dalpatbhai Institute of Indology, Near Gujarat University, Ahmedabad-380 009 (F. 1-4-99 to 3 1-3-2001 No. 203/60/99-ITA-II)

2. Institute for Human Development, IAMR Build- ing, 3rd Floor, I. P. Estate, Mahatma Gandhi 1-4-99 to 3 1-3-2000 Marg, New Delhi-110 002 (F. No. 203/34/2000- ITA-II)

3. Pan Asian Management & Rural Research Organ- isation, Mewar, Ground Floor, 40-A, Pedder 1-4-99 to 31-3-2001 Road, Mumbai-400 026 (F. No. 203/42/2000- ITA-II)

4. Centre for Advanced Strategic Studies M.M.D.W. Examination Hall, (Old Examination Hall) Pune University Campus, Ganesh Khind 1-4-99 to 31-3-2000 Road, Pune -411 007 (F. No. 203/43/2000-ITA- II) -------

[Notification No. 11279/F. No. 203/60/99-ITA-II]

Notification: S.O. 268(E)

Section(s) Referred: s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 23/3/2000

In exercise of the powers conferred by sub-section (1) read with clause (b) to the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government on the recommendations of the National Committee, hereby approves the institutions mentioned in column (2) of the Table below and specifies the eligible projects or schemes and the estimated cost thereof as mentioned in column (3) of the said Table and also specifies in the column (4) of the said Table, the maximum amount of such cost which may be allowed as deduction under section 35AC, namely:--

TABLE

------- Serial Name of the Institution Project or scheme Maximum amount No. and estimated cost of cost to be thereof allowed as deduction under section 35AC ------ 1 2 3 4 ------

1. BREAD (Bureau of Rural Young Women Education Rs. 3.56 lakhs Economical and Project in six villages Agricultural Development) (Sabalpur, Punadit, Mohalla--Primohani Lane Hanuman, Nizampur No. 3, P.O. Kadamkuan Kasara, Natha Chak) Patna-800003 (Bihar) Punadih and Sabalpur Panchayats of Patna Sadar Block, Bihar, likely cost Rs. 11.26 lakhs.

2. Jamnalal Bajaj Foundation Rural Development Rs. 10.69 lakhs Bajaj Bhavan, 2nd Floor Project at Wardha/ 226, Jamnalal Bajaj Marg Gola (Maharashtra); Nariman Point, Shikohabad (U.P.); likely Mumbai-400 021. to cost Rs. 10.69 lakhs.

3. Rural Youth Development Construction of Pig Sty Rs. 41.19 lakhs Organisation. (RYDO), (Shed), purchase of Khengijang village, equipments/tools, piglets Kumbipukhri, feeds, fodders, medicines Chrachandpur-795 128 and running of Piggery (Manipur) Development Programme at Village Khengjang, Jangnomphai, Chura- chandpur, District Manipur, likely to cost Rs. 41.19 lakhs.

4. Shree Vardhman Jivdaya Running of Animal Shelter Rs. 74 lakhs Kendra (Luni Kutch), C/o. and Rescue Home (Panj- Ashok General Store, rapole) and medical camps 200, 3rd Kumbharvada, at Luni village (Kutch) and Somji Buildings, Mumbai-4 nearby villages; likely to cost Rs. 100 lakhs

5. Shree Anandabava Netra (a) Construction of Kidney Rs. 523 lakhs Chikitshalaya, C/o. Gopal Hospital; (including a Bhuvan, Anandbava Road, (b) Purchase of equipments corpus fund of Limda Lane (c) Running expenses Rs. 300 lakhs) Jamnagar-361001 (corpus fund); at Anand Marg, Jamnagar; likely to cost Rs. 523 lakhs (including a corpus fund of Rs. 300 lakhs).

6. Vaishnav Seva Samaj Public Purchase of premises for Rs. 545 lakhs Charitable Trust, Kamal Kunj hospital/purchase of (including a Sindhi Society, Gali No. 1, equipments/instruments corpus fund of Block No. 7, Sion (W), and running of hospital Rs. 100 lakhs) Mumbai-400 022. at Sindhi Society, Sion (W) Mumbai; likely to cost Rs. 545 lakhs (including a corpus fund of Rs. 100 lakhs).

7. Chandra Prakash Public Construction of building Rs. 281 lakhs table Trust, Jatwara Road, with amenities, furnishing Kaimganj, District-Farrukh- of Shakuntla Devi Mahila khabad (U.P.) Mahavidyalaya and Balika Inter College at Kaimganj, District--Farrukhabad (U.P.); likely to cost Rs. 343 lakhs.

8. Srinivasan Services Trust, Rural Development Pro- Rs. 700 lakhs Jayalakshmi Estates, 8 jects at Thirukkurungudi Haddows Road, Padavedu, Erattai Thiru- Chennai-600006 pathi and Thirukkolur villages of Tamilnadu and Kembal village of Karnataka; likely to cost Rs. 700 lakhs.

9. The South Indian Education (a) Green Rating of Cor- Rs. 2808.98 lakhs Society, S.I.E.S. Chowk, prations/Industries; K.A. Subramaniam Road, (b) Green Accounting Matunga, Mumbai-400 019 Procedures in Corpora- tions and Industries; (c) Centre for promotion of cleaner technologies; (d) Eco-aquaculture and Environment Manage- ment for Coastal Aquaculture Farms; at Sector-V, Plot 1-D, Nerul Navi, Mumbai; likely to cost Rs. 2808.98 lakhs.

10. Saurashtra Kidney Research Construction of building, Rs. 652.80 lakhs Institute, Rajkot, Shri furnishing, purchase of (including a Devjibhai Gokaldas Patel, instruments/equipments corpus fund of C/o. Kansagara Hospital, and running of B.T. Rs. 245 lakhs) opp. Astron Cinema, (Bhagwanji Tribhovan- Rajkot-360 001 bhai) Savalni Kidney Hospital of Saurashtra Kidney Research Institute at Rajkot, Gujarat; likely to cost Rs. 920 lakhs (including a corpus fund of Rs. 245 lakhs.) -------

2. This notification shall remain in force for a period of one year in relation to the assessment year 2000-2001 in respect of the project or scheme mentioned at serial No. 2 and for a period of three years in relation to the assessment years 2000-2001, 2001-2002 and 2002-2003 in respect of projects or schemes mentioned at serial Nos. 1,3,4,5,6,7,8,9 and 10 of the Table.

[No. 11280/F.No. NC-5/2000]

Notification: S.O. 269(E)

Section(s) Referred: s. 44EA(1)

Statute: INCOME TAX

Date of Issue: 23/3/2000

In exercise of the powers conferred by sub-section (1) of section 44EA of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby specifies the following equity shares as long-term specified securities for the purposes of the said section, namely:--

(a) equity shares to be issued within a period of one year from the date of publication of the notification in the official gazette, of an amount not exceeding Rs. 30 (thirty) crores by Kirloskar Power Supply Company Limited, Pune, having its registered office at Laxmanarao Kirloskar Road, Khadki, Pune-411 003:

Provided that the investment in the aforesaid equity shares specified in this notification is made by an assessee out of net consideration arising from transfer of long-term captial asset in accordance with the provisions of the said section:

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid equity, specified in this notification, allotted to him in any manner within a period of three years from the date of their allotment, the initial investment made by such assessee in each equity shares shall be chargeable to tax under the head "Capital gains" in accordance with the provisions of the said section.

[Notification No. 11281/F.No. 178/91/99-ITA-I]

Notification: S. O. 270(E)

Section(s) Referred: s. 54EA(1)

Statute: INCOME TAX

Date of Issue: 23/3/2000

In exercise of the powers conferred by sub-section (1) of section 54EA of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby specifies the following bonds as long-term specified securities for the purposes of the said section, namely:--

(b) Bonds to be issued within a period of one year from the date of publication of the notification in the official gazette, of an amount not exceeding rupees 30 (thirty) crores by Kirloskar Power Supply Company Limited, a public company registered under the Indian Companies Act, 1956 and having its registered office at Laxmanrao Kirloskar Road, Khadki, Pune-411 003:

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid bonds specified in this notification, allotted to him in any manner within a period of seven years from the date of their allotment, the initial investment made by such assessee in such bonds shall be chargeable to tax under the head "Capital gains" in accordance with the provisions of the said section.

Notification: S.O. 271(E)

Section(s) Referred: s. 54EA(1)

Statute: INCOME TAX

Date of Issue: 23/3/2000

(a) equity shares to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding Rs. 100 (hundred) crores by Information Technology Park Ltd., a public company registered under the Indian Companies Act, 1956, and having its registered office at Whitefield Road, Bangalore-560 066:

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid equity, specified in this notification, allotted to him in any manner within a period of three years from the date of their allotment, the initial investment made by such assessee in such equity shares shall be chargeable to tax under the head "Capital gains" in accordance with the provisions of the said section.

[Notification No. 11283/F.No. 178/29/2000-ITA-I]

Notification: S. O. 272(E)

Section(s) Referred: s. 54EB(1)

Statute: INCOME TAX

Date of Issue: 23/3/2000

(b) equity shares to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding Rs. 100 (hundred) crores by Information Technology Park Ltd., a public company registered under the Indian Companies Act, 1956, and having its registered under the Companies Act, 1956, and having its registered office at Whitefield Road, Bangalore-560 066:

Provided that the investment in the aforesaid equity shares specified in this notifications is made by an assessee out of net consideration arising from transfer of long-term capital asset in accordance with the provisions of the said section:

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid equity shares specified in this notification, allotted to him in any manner within a period of seven years from the date of their allotment, the initial investment made by such assessee in such debentures shall be chargeable to tax under the head "Capital gains" in accordance with the provisions of the said section.

[Notification No. 11284/F.No. 178/29/2000-ITA-I]

Notification: 11285

Section(s) Referred: s. 54EA(1)

Statute: INCOME TAX

Date of Issue: 28/3/2000

(i) equity shares to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 110 (hundred & ten) crores by M/s Konaseema EPS Oakwell Power Ltd., a Public Limited Company having its registered office at 4th Floor, Progressive Towers, Khairatabad, Hyderabad;

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid equity shares specified in this notification, allotted to him in any manner within a period of three years from the date of their allotment, the initial investment made by such assessee in such equity shares shall be chargeable to tax under the head "Capital Gains" in accordance with the provisions of the said section.

[F. No. 178/101/99-ITA-I]

Notification: 11286

Section(s) Referred: s. 54EB(1)

Statute: INCOME TAX

Date of Issue: 28/3/2000

(i) equity shares to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 130 (hundred thirty) crores by M/s Konaseema EPS Oakwell Power Ltd., is a Public Ltd. having its registered office at 4th Floor, Progressive Towers, Khairatabad, Hyderabad :

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid equity shares specified in this notification, allotted to him in any manner within a period of seven years from the date of their allotment the initial investment made by such assessee in such equity shares shall be chargeable to tax under the head "Capital Gains" in accordance with the provisions of the said section.

[F. No. 178/101/99-ITA-I]

Notification: 11287

Section(s) Referred: s. 54EA(1)

Statute: INCOME TAX

Date of Issue: 28/3/2000

(i) bonds to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 50 (fifty) crores by M/s Infrastructure Leasing & Financial Services Limited having its registered office at Mahindra Towers, 4th Floor, Dr. G.M. Bhosale Marg, Worli, Mumbai :

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid bonds specified in this notification, allotted to him in any manner within a period of three years from the date of their allotment, the initial investment made by such assessee in such bonds shall be chargeable to tax under the head "Capital Gains" in accordance with the provisions of the said section.

[F. No. 178/62/99-ITA-I]

Notification: 11288

Section(s) Referred: s. 54EB(1)

Statute: INCOME TAX

Date of Issue: 28/3/2000

(i) bonds to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 50 (fifty) crores by M/s Infrastructure Leasing & Financial Services Ltd. having its registered office at Mahindra Towers, 4th Floor, Dr. G.M. Bhosale Marg, Worli, Mumbai :

Provided that the investment in the aforesaid bonds specified in this notification is made by an assessee out of net consideration arising from transfer of longterm capital asset in accordance with the provisions of the said section :

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid bonds specified in this notification, allotted to him in any manner within a period of seven years from the date of their allotment, the initial investment made by such assessee in such bonds shall be chargeable to tax under the head "Capital Gains" in accordance with the provisions of the said section.

[F. No. 178/62/99-ITA-I]

Notification: 11289

Section(s) Referred: s. 54EA(1)

Statute: INCOME TAX

Date of Issue: 28/3/2000

(i) equity shares to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 100 (hundred) crores by M/s Adani Port Infrastructure Ltd. a public company registered under the Indian Companies Act, 1956 and having its registered office at Adani House, near Mithakhali Six Road, Navrangpura, Ahmedabad-380 009 :

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid equity shares specified in this notification, allotted to him in any manner within a period of three years from the date of their allotment, the initial investment made by such assessee in such equity shares shall be chargeable to tax under the head "Capital Gains" in accordance with the provisions of the said section.

[F. No. 178/8/2000-ITA-I]

Notification: 11290

Section(s) Referred: s. 54EB(1)

Statute: INCOME TAX

Date of Issue: 28/3/2000

In exercise of the powers conferred by sub-section (1) of section 54EB of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby specifies the following debentures as long-term specified securities for the purposes of the said section, namely :

(i) debentures to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 15 (fifteen) crores by M/s Adani Port Infrastructure Ltd., a public company registered under the Indian Companies Act, 1956 and having its registered office at Adani House, near Mithakhali Six Road, Navrangpura, Ahmedabad-380 009 :

Provided that the investment in the aforesaid debentures specified in this notification is made by an assessee out of net consideration arising from transfer of long-term capital asset in accordance with the provisions of the said section :

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid debentures specified in this notification, allotted to him in any manner within a period of seven years from the date of their allotment, the initial investment made by such assessee in such debentures shall be chargeable to tax under the head "Capital Gains" in accordance with the provisions of the said section.

[F. No. 178/8/2000-ITA-I]

Notification: 11291

Section(s) Referred: s. 80-IA(4)(iii)

Statute: INCOME TAX

Date of Issue: 28/3/2000

Whereas the Central Government, in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as said Act), has framed and notified a scheme for industrial park, in the notification of the Government of India in the Ministry of Industry and Commerce (Department of Industrial Policy and Promotion) vide S.O. 1201(E), dated the 1st December, 1999 [published at (2000) 158 CTR (St) 43] for the period beginning on the 1st day of April, 1997 and ending on the 31st day of March, 2002 ;

And, whereas, M/s Western India Kinfra Limited, Palakkad, having its registered office at Kinfra House, TC No. 14/1026, Vallayambalam, Trivendrum-695010, has developed, maintains and operates an industrial park which is defined as an infrastructural activity under the Income-tax Act, 1961 ;

And, whereas, the Central Government has approved the said Industrial Park subject to certain terms and conditions mentioned in the Schedule to this notification ;

Now, therefore, in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the said Act, the Central Government hereby notifies an undertaking developed and being maintained and operated by M/s International Tech Park Limited, as an industrial park for the purposes of the said clause (iii).

SCHEDULE

The terms and conditions on which the approval of the Central Government has been accorded for setting up of an industrial park by the M/S Western Indian Kinfra Limited, Palakkad, Kerala.

1. (i) Name of the promoter/industrial M/s Western India Kinfra Limited. undertaking

(ii) Proposed location Address : Wise Park Pudussery Central Village, New Industrial Development Area, Kanjikode (P.O.). Distt. : Palakkad. State : Kerala. Pin Code : 678 007.

(iii) Proposed area of Industrial Park 750 acres.

(iv) Proposed activities National Industrial Classification 1987 Code

Section 2&3 (division 20-39), Section 4 (division 40-43), Section 6 (division 60-69), Section 7 (div. 75 only) and Section 8 (Group 892, 893, 894 & 895).

(v) Percentage of allocable area 66.67% proposed for industrial use

(vi) Percentage of land ear-marked for 10% commercial use.

(vii) Proposed No. of industrial units 330 units.

(viii) Total investments proposed 58.0142 crores. (amount in Rupees)

(ix) Investment on built up space for Nil Industrial use (amounts in Rupees).

(x) Investment on Infrastructure 41.1738 crores. Development (amount in Rupees)

2. The minimum percentage of the area to be allocated for industrial use shall not be less than 66 per cent of the total allocable area. The allocable area will mean the net area, which is available for allocation for industrial, commercial or residential purposes and will exclude such area as is used for provision of common facilities like power, telecom, roads, green belt. In case of an Industrial Park which is making available the built up space, the allocable area will mean the net floor area which is available for allocation and will exclude the built up space used for locating common facilities like air-conditioning and other telecommunication installations, etc.

3. Industrial use shall include any activity defined in the National Industrial Classification (1987) code except the following codes :

Section 0 Section 1 Section 5 Section 7 excluding Division 75 Section 8 excluding Group 892, 893, 894, 895 Section 9 Section X Section XI

4. The percentage of land to be earmarked for commercial use shall not be more than 10 per cent of the allocable area.

5. In case of an Industrial Model Town and Industrial Park, the minimum investment on infrastructure development shall not be less than 50 per cent of the total project cost. In the case of an Industrial Park which provides built up space for industrial use, the minimum expenditure on infrastructure development including cost of construction of industrial space, shall riot be less than 60 per cent of the total cost.

6. Infrastructure development shall include expenditure on common facilities like roads (including approach roads), water supply and sewerage, common effluent treatment facility, generation and distribution of power for use of the units to be located in the Industrial Model Town/Industrial Park, telecom network, etc. and such other facilities as are for common use for industrial activity which are identifiable and are provided on commercial terms.

7. No single unit in any project shall occupy more than 50 per cent of the allocable industrial area of an industrial Model Town/Industrial Park. For this purpose a unit means a separate taxable entity.

8. Necessary approvals including that for Foreign Direct Investment/Non-Resident Indian Investment by the Foreign Investment Promotion Board/Reserve Bank of India, shall be taken separately as per the policy and procedure in force.

9. Wise Park, Pudussery Central Village Development area Kanjikode (P.O.) Palakkad, Kerala shall continue to operate the Industrial Park during the period in which the benefits under section 80-IA of the Income-tax Act are to be availed.

10. The Central Government may withdraw the above approval in case the International Tech Park, Whitefield Road, Bangalore fail to comply with any of the conditions stated above.

[F. No. 178/19/2000-ITA-I]

Notification: 11292

Section(s) Referred: s. 80G(2)(b)

Statute: INCOME TAX

Date of Issue: 28/3/2000

In exercise of the powers conferred by the clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the "Ganeshji Mandir" to be a place of public worship of renown throughout the State of Delhi and other nearby States for the purpose of the said section.

The notification will be valid only for the repair/renovation work to the extent of Rs. 50,00,000 (Rupees Fifty lakhs only) and will cease to be effective after the said amount has been collected or 31st March, 2002, whichever is earlier.

[F. No. 178/4/98-ITA-I]

Notification: 11293

Section(s) Referred: s. 115ACA(1)(a)

Statute: INCOME TAX

Date of Issue: 28/3/2000

In exercise of the powers conferred by clause (a) of sub-section (1) of section 115ACA of the Income-tax Act, 1961 (43 of 1961), the Central Government specifies "the Issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) Scheme, 1993", notified vide notification of the Government of India, Ministry of Finance, Department of Economic Affairs, No. GSR 700(E), dated the 12th November, 1993, as a scheme for the purposes of the said clause in respect of assessment year 2000-2001 and subsequent assessment years.

[F. No. 149/134/99-TPL]

Notification: 285(E)

Section(s) Referred: s. 80-IA(4)(iii)

Statute: INCOME TAX

Date of Issue: 28/3/2000

Whereas the Central Government, in exercise of the powers conferred by clause (iii) of sub-section (4) of section 80-IA of the Income-tax Act, 1961 (43 of 1961), hereinafter referred to as the said Act, has framed and notified a scheme for industrial park, in the notification of the Government of India in the Ministry of Industry and Commerce (Department of Industrial Policy and Promotion) vide No. S. O. 1201(E), dated 1st December, 1999, for the period beginning on the 1st day of April, 1997, and ending on the 31st day of March, 2002.

And whereas, Western India Kinfra Limited, Palakkad, having its registered office at Kinfra House, TC No. 14/1026, Vallayambalam, Trivandrum-695 010, has developed, maintains and operates an industrial park which is defined as an infrastructural activity under the Income-tax Act, 1961.

And whereas the Central Government has approved the said industrial park subject to certain terms and conditions mentioned in the Schedule to this notification

Now, therefore, in exercise of the powers conferred by clause (iii) of subsection (4) of section 80-IA of the said Act, the Central Government hereby notifies an undertaking developed and being maintained and operated by Western India Kinfra Ltd., as an industrial park for the purposes of the said clause (iii).

SCHEDULE

The terms and conditions on which the approval of the Government of India has been accorded for setting up of an industrial park by the Western India Kinfra Limited, Palakkad, Kerala.

1. (i) Name of the promoter/industrial undertaking: Western India Kinfra Ltd. (ii) Proposed location : Address : Wise Park Pudu- ssery Central Village, New Industrial Development Area, Kanjikode (P.O.), Dist : Palakkad, State : Kerala, Pin Code : 678 007. (iii) Proposed area of industrial park : 750 acres (iv) Proposed activities : National Industrial Classifi- cation 1987 Code Sections 2 and 3 (division 20-39), section 4 (division 40 43), section 6 (division 60 69), section 7 (division 75 only) and section 8 (groups 892, 893, 894 and 895)

(v) Percentage of allocable area proposed for indus trial use : 66.67 per cent. (vi) Percentage of land earmarked for commercial use : 10 per cent. (vii) Proposed number of industrial units 330 units (viii) Total investments proposed (amount in rupees) : 58.0142 crores (ix) Investment on built-up space for industrial use (amount in rupees): Nil

(x) Investment on infrastructure development (amount in rupees): 41.1738 crores

2. The minimum percentage of the area to be allocated for industrial use shall not be less than 66% of the total allocable area. The allocable area will mean the net area, which is available for allocation for industrial, commercial or residential purpose and will exclude such area as is used for provision of common facilities like power, telecom, roads, green belt. In case of an industrial park which is making available the built-up space, the allocable area will mean the net floor area which is available for allocation and will exclude the built-up space used for locating common facilities like air-conditioning and other, telecommunications, installations, etc.

3. Industrial use shall include any activity defined in the National Industrial Classifi- cation 1987 code except the following codes :

Section 0 Section 1 Section 5 Section 7 excluding division 75 Section 8 excluding Group 892, 893, 894, 895 Section 9 Section X Section XI

4. The percentage of land to be earmarked for commercial use shall not be more than 10 per cent. of the allocable area.

5. In case of an industrial model town and industrial park, the minimum investment on infrastructure development shall not be less than 50 per cent. of the total project cost. In the case of an industrial park which provides built-up space for industrial use, the minimum expenditure on infrastructure development including cost of construction of industrial space, shall not be less than 60 per cent. of the total cost.

6. Infrastructure development shall include expenditure on common facilities like roads (including approach roads), water supply and sewerage, common effluent treatment facility, generation and distribution of power for use of the units to be located in the industrial model town/industrial park, telecom network, etc., and such other facilities as are for common use for industrial activity which are identifiable and are provided on commercial terms.

7. No single unit in any project shall occupy more than 50 per cent. of the allocable industrial area of an industrial model town/industrial park. For this purpose a unit means a separate taxable entry.

8. Necessary approvals including that for foreign direct investment/non-resident Indian investment by the Foreign Investment Promotion Board/Reserve Bank of India, shall be taken separate as per the policy and procedure in force.

9. Wise Park, Pudussery Central Village Development area Kanjikode (P.O.), Palakkad, Kerala, shall continue to operate the industrial park during the period in which the benefits under section 80-JA of the Income-tax Act are to be availed.

10. The Central Government may withdraw the above approval in case the Western India Kinfra Ltd., Palakkad, Kerala,' fail to comply with any of the conditions stated above.

11. Any amendment of the project plan without the approval of the Central Government or detection in future, or failure on the part of the applicant to disclose any material fact, will invalidate the approval of the industrial park.

[Notification No. 1129/F. No. 178/19/2000-ITA-I]

Notification: 777

Section(s) Referred: s. 80G(2)(b)

Statute: INCOME TAX

Date of Issue: 28/3/2000

In exercise of the powers conferred by the clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the Ganeshji Mandir to be a place of public worship of renown throughout the State of Delhi and other nearby States for the purpose of the said section.

The notification will be valid only for the repair/renovation work to the extent of Rs. 50,00,000 (rupees fifty lakhs only) and will cease to be effective after the said amount has been collected or 31-3-2002, whichever is earlier.

[Notification No. 11292/F. No. 178/4/98-ITA-I]

Notification: S. O. 279(E)

Section(s) Referred: s. 54EA(1)

Statute: INCOME TAX

Date of Issue: 28/3/2000

(b) Bonds to be issued within a period of one year from the date of publication of the notification in the official gazette, of an amount not exceeding Rs. 50 (fifty) crores by Infrastructure Leasing and Financial Services Limited having its registered office at Mahindra Towers, 4th Floor, Dr. G.M. Bhosale Marg, Worli, Mumbai.

Provided that the investment in the aforesaid bond specified in this notification is made by an assessee out of net consideration arising from transfer of long-term capital asset in accordance with the provisions of the said section:

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid bonds specified in this notification, allotted to him in any manner within a period of three years from the date of their allotment, the initial investment made by such assessee in such bonds shall be chargeable to tax under the head "Capital gains" in accordance with the provisions of the said section.

[Notification No. 11287/F.No. 178/62/99-ITA-I]

Notification: S. O. 280(E)

Section(s) Referred: s. 54EB(1)

Statute: INCOME TAX

Date of Issue: 28/3/2000

In exercise of the powers conferred by sub-section (1) of section 54EB of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby specified the following bonds as long-term specified securities for the purposes of the said section, namely:--

(i) Bonds to be issued within a period of one year from the date of publication of the notification in the official gazette, of an amount not exceeding rupees 50 (fifty) crores by Infrastructure Leasing and Financial Services Limited having its registered office at Mahindra Towers, 4th Floor, Dr. G.M. Bhosale Marg, Worli, Mumbai:

[Notification No. 11288/F.No. 178/62/99-ITA-I]

Notification: 11294

Section(s) Referred: s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 29/3/2000

In exercise of the powers conferred by sub-section (1) read with clause (b) to the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government on the recommendations of the National Committee, hereby approves the company mentioned in column (2) of the Table below and specifies the eligible project or scheme and the estimated cost thereof as mentioned in column (3) of the said Table and also specifies in the column (4) of the said Table, the maximum amount of such cost which may be allowed as deduction under said section 35AC, namely :

TABLE ------- Sl. Name of the company Project or scheme and Maximum amount of No. estimated cost thereof cost to be allowed as deduction under section 35AC ------- (1) (2) (3) (4) ------- 1. Bongaigaon Refinery and The projects or schemes in Rs. 70.00 lakhs Petrochemicals Limited, the nature of---- P.O. Dhaligaon, District- (a) development of school, Bongaigaon, Assam- (b) development of colleges, 783385. (c) scholarship schemes, at Bongaigaon, Kokrajhar, Goalpara and Dhubri Districts of Assam, likely to cost Rs. 70.00 lakhs ------- 2. This notification shall remain in force for a period of one year in relation to assessment year 2000-2001 in respect of project or scheme mentioned in the Table.

[F. No. NC-5-2000]

Notification: 11295

Section(s) Referred: s. 35AC(b) ,r. 11M(5) ,s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 29/3/2000

Whereas by notification of the Government of India in the Ministry of Finance, (Department of Revenue) number S.O. 15(E) dated the 11th January, 1994, (published at (1994) 116 CTR (St) 53] issued under clause (b) to the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 13, Yogiji Maharaja Mahavidyalaya and Educational Complex (College) for rural women at Dhari, Gujarat by Anoopam Mission, Brahmajyoti Yogiji Marg, Mogri, via Anand, Gujarat-388345, as an eligible project or scheme for a period of three years beginning with assessment year 1994-95, which was extended vide S.O. 407(E) dated 3rd May, 1995 [published at (1995) 125 CTR (St) 92] for a period of three more years beginning with assessment year 1996-97, which was further extended vide S.O. 389(E) dated 19th May, 1997 [published at (1997) 140 CTR (St) 5] by a period of two more years beginning with assessment year 1999-2000 ;

And whereas the said project or scheme is likely to extend beyond eight years :

And whereas the National Committee being satisfied that the said project or scheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for specifying the said project or scheme for a further period of three years;

Now, therefore, the Central Government in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of Yogiji Maharaja Mahavidyalaya and Educational Complex (College) for rural women at Dhari, Gujarat which is being carried out by Anoopam Mission, Brahmajyoti Yogiji Marg, via Anand, Gujarat-388345, at the estimated cost of rupees one hundred ninty-four lakhs fifty thousand plus a corpus fund of rupees eighty six lakhs fifty thousand only, as an eligible project or scheme for a further period of three years beginning with assessment year 2001-2002.

[F. No. NC-5 2000]

Notification: 11296

Section(s) Referred: s. 35AC(b) ,r. 11M(5) ,s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 29/3/2000

Whereas by notification of the Government of India in the Ministry of Finance number S.O. 388(E), dated the 19th May, 1994 [published at (1997) 140 CTR (St) 1] issued under clause (b) to the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 8, construction of indoor ward in Hospital, Balwadi, irrigation tanks and equipments and vehicles for hospital at Village Kasna, District Sabarkantha, Gujarat, by Seva Mandal Meghraj, P.O. Kasna, District-Sabarkantha, Gujarat-383350, as an eligible project or scheme for a period of three years beginning with assessment year 1998-99;

And whereas the said project or scheme is likely to extend beyond three years ;

And whereas the National Committee being satisfied that the said project or scheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for specifying the said project or scheme for a further period of three years ;

Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of construction of indoor ward in hospital, Balwadi, irrigation tanks and equipments and vehicles for hospital at Village Kasna, District Sabarkantha, Gujarat, which is being carried out by Seva Mandal Meghraj, P.O. Kasna, District Sabarkantha, Gujarat-383350, at the estimated cost of rupees forty-five lakhs fifty-nine thousand only as an eligible project or scheme for a further period of three years beginning with assessment year 2001-2002.

[F. No. NC-5 2000]

Notification: 11297

Section(s) Referred: s. 35AC(b) ,r. 11M(5) ,s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 29/3/2000

Whereas by notification of the Government of India in the Ministry of Finance number S.O. 388(E) dated the 19th May, 1997 (published at (1997) 140 CTR (St) 1] issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 9, equipments instruments and running of Netra Chikitsalaya at Nadiad, District-Kheda, Gujarat, by Sadvichar Samiti Nadiad, Nadiad-387001, District-Kheda, Gujarat, as an eligible project or scheme for a period of three years beginning with assessment year 1998-99;

And whereas the said project or scheme is likely to extend beyond three years;

And whereas the National Committee being satisfied that the said project or scheme is being executed properly, made a further recommendation under sub-rule (5) of rule 11M of the Income-tax Rules, 1962 for specifying the said project or scheme for a further period of three years;

Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of equipments, instruments and running of Netra Chikitsalaya at Nadiad, District-Kheda, Gujarat, which is being carried out by Sadvichar Samiti Nadiad, Nadiad-387001, District-Kheda, Gujarat, at the estimated cost of rupees one crore fortythree lakhs twenty-five thousand only, as an eligible project or scheme for a further period of three years beginning with assessment year 2001-2002,

[F. No. NC-159-99]

Notification: 11298

Section(s) Referred: s. 35AC(b) ,r. 11M(5) ,s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 29/3/2000

Whereas by notification of the Government of India in the Ministry of Finance number S.O. 388(E) dated the 19th May, 1997 [published at (1997) 140 CTR (St) 1] issued under clause (b) to the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 14, construction of building for a rural hospital, furnishing, equipments and ambulance at Ramgarh Block, Kumaon, Nainital, Uttar Pradesh, by Central Himalayan Rural Action Group (CHIRAG), C-57, Friends Colony, New Delhi, as an eligible project or scheme for a period of three years beginning with assessment year 1998-99 ;

And whereas the said project or scheme is likely to extend beyond three years ;

Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of construction of building for a rural hospital, furnishing, equipments and ambulance at Ramgarh Block, Kumaon, Nainital, Uttar Pradesh, which is being carried out by Central Himalayan Rural Action Group (CHIRAG), C-57, Friends Colony, New Delhi, at the estimated cost of rupees one crore fifty-five lakhs plus a corpus fund of rupees seventy lakhs only as an eligible project or scheme for a further period of two years beginning with assessment year 2001-2002.

[F. No. NC-5/2000]

Notification: 11299

Section(s) Referred: s. 35AC(b) ,r. 11M(5) ,s. 35AC(1)(b)

Statute: INCOME TAX

Date of Issue: 29/3/2000

Whereas by notification of the Government of India in the Ministry of Finance number S.O. 591(E) dated the 20th May, 1997 [published at (1997) 141 CTR (St) 16] issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 7, instruments/equipments, vehicle and running of B.D. Patel General Hospital at Umreth, Taluka-Anand, District-Kheda, Gujarat, by B.D. Patel General Hospital, Umreth, Daker Road, Taluk---Anand, Kheda, Gujarat, as an eligible project or scheme for a period of three years beginning with assessment year, 1998-99;

And whereas the said project or scheme is likely to extend beyond three years ;

Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of instruments/equipments, vehicle and running of B.D. Patel General Hospital at Umreth, Taluka---Anand, District---Kheda, Gujarat, which is being carried out by B.D. Patel General Hospital, Umreth, Daker Road, Taluk---Anand, Kheda, Gujarat, at the estimated cost of rupees seventy-three lakhs fifty thousand plus a corpus fund of rupees twenty lakhs only, as an eligible project or scheme for a further period of three years beginning with assessment year 2001-2002.

[F. No. NC-5/200

Notification: 11300

Section(s) Referred: s. 35AC(b) ,r. 11M(5)

Statute: INCOME TAX

Date of Issue: 29/3/2000

Whereas by notification of the Government of India in the Ministry of Finance number S.O. 180(E) dated the 10th March, 1997 [published at (1997) 138 CTR (St) 201] issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 14, construction, furnishing, equipments of Bala Sai Baba Hospital and Research Centre at Munugalapadu, Kurnool District, Andhra Pradesh, by Bhagwan Sri Bala Sai Baba Central Trust, Sree Nilayam, Kurnool-518001, Andhra Pradesh, as an eligible project or scheme for a period of three years beginning with assessment year 1997-98;

And whereas the said project or scheme is likely to extend beyond three years ;

Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of construction, furnishing, equipments of Bala Sai Baba Hospital and Research Centre at Munugalapadu, Kurnool District, Andhra Pradesh, which is being carried out by Bhagwan Sri Bala Sai Baba Central Trust, Sree Nilayam, Kurnool-518001, Andhra Pradesh, at the estimated cost of rupees four crore ninty-two lakhs as an eligible project or scheme for a further period of three years beginning with assessment year 2000-2001.

[F. No. NC-5/2000]

Notification: 11301

Section(s) Referred: s. 35AC(b) ,r. 11M(5)

Statute: INCOME TAX

Date of Issue: 29/3/2000

Whereas by notification of the Government of India in the Ministry of Finance number S.O. 388(E) dated the 19th May, 1997 [published at (1997) 140 CTR (St) 1] issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 4, construction, equipments and furnishing of Mitra Rehabilitation Centre at Survey No. 114/P, Brahmajyoti Yogiji Marg, mogri, District-Kheda, Gujarat, by Anoopam Mission, Brahmajyoti Yogiji Marg, Mogri 388345, Via-Anand, Gujarat, as an eligible project or scheme for a period of three years beginning with assessment year 1998-99;

And whereas the said project or scheme is likely to extend beyond three years;

Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of construction, equipments and furnishing of Mitra Rehabilitation Centre at Survey No. 114/P, Brahmajyoti Yogiji Marg, Mogri, District-Kheda, Gujarat, which is being carried out by Anoopam Mission, Brahmajyoti Yogiji Marg, Mogri 388345, via Anand, Gujarat, at the estimated cost of rupees four crore eighty-seven lakhs sixty-seven thousand plus a corpus fund of rupees two crore sixty-nine lakhs eighty-four thousand only, as an eligible project or scheme for a further period of three years beginning with assessment year 2001-2002.

[F. No. NC-5/2000]

Notification: 11302

Section(s) Referred: s. 35AC(b) ,r. 11M(5)

Statute: INCOME TAX

Date of Issue: 29/3/2000

Whereas by notification of the Government of India in the Ministry of Finance number S.O. 388(E) dated the 19th May, 1997 [published at (1997) 140 CTR (St) 1] issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 2, medical, educational and other relief works of Shree Santram Janseva Trust at Nadiad, District-Kheda, Gujarat, by Shree Santram Janseva Trust, Shree Santram Mandir, Nadiad-387001, District-Kheda, Gujarat, as an eligible project or scheme for a period of three years beginning with assessment year 1998-99 ;

And whereas the said project or scheme is likely to extend beyond three years;

Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of medical, educational and other relief works of Shree Santram Janseva Trust at Nadiad, District---Kheda, Gujarat, by Shree Santram Janseva Trust, Shree Santram Mandir, Nadiad-387001, District-Kheda, Gujarat, at the estimated cost of rupees one crore fifty lakhs, as an eligible project or scheme for a further period of three years beginning with assessment year 2001-2002.

[F. No. NC-5/2000]

Notification: 11303

Section(s) Referred: s. 35AC(b) ,r. 11M(5)

Statute: INCOME TAX

Date of Issue: 29/3/2000

Whereas by notification of the Government of India in the Ministry of Finance number S.O. 388(E) dated the 19th May, 1997 [published at (1997) 140 CTR (St) 1] issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 23, School Adoption Scheme and Balwadi Project at Mumbai, Maharashtra, by The Bombay Community Public Trust, Regent Chamber, 5th Floor, Nariman Point, Mumbai, as an eligible project or scheme for a period of three years beginning with assessment year 1998-99.

And whereas the said project or scheme is likely to extend beyond three years ;

Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of School Adoption Scheme and Balwadi Project at Mumbai, Maharashtra, which is being carried out by The Bombay Community Public Trust, Regent Chamber, 5th Floor, Nariman Point, Mumbai, at the estimated cost of rupees three crore only, as an eligible project or scheme for a further period of three years beginning with assessment year 2001-2002.

Notification: 11304

Section(s) Referred: s. 35AC(b) ,r. 11M(5)

Statute: INCOME TAX

Date of Issue: 29/3/2000

Whereas by notification of the Government of India in the Ministry of Finance number S.O. 698(E) dated the 3rd October, 1997 [published at (1997) 142 CTR (St) 60] issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 12, purchase of equipments for Manilal Rikhavchand Kothari Lions Orthopaedic and General Hospital and running of said hospital at Navsari, Gujarat, by Navsari Lions Sarvajanik Charitable Trust, Ashapuri Road, Dudhia Talav, Navsari, Gujarat, as an eligible project or scheme for a period of three years beginning with assessment year 1998-99.

And whereas the said project or scheme is likely to extend beyond three years ;

Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of purchase of equipments for Manilal Rikhavchand Kothari Lions Orthopaedic and General Hospital and running of said hospital at Navsari, Gujarat, which is being carried out by Navsari Lions Sarvajanik Charitable Trust, Ashapuri Road, Dudhia Talav, Navsari, Gujarat, at the estimated cost of rupees one crore fifty-six lakhs eighty thousand only, as an eligible project or scheme for a further period of three years beginning with assessment year 2001-2002.

[F.No. NC-5/2000]

Notification: 11305

Section(s) Referred: s. 35AC(b) ,r. 11M(5)

Statute: INCOME TAX

Date of Issue: 29/3/2000

Whereas by notification of the Government of India in the Ministry of Finance number S.O. 267(E), dated the 29th March, 1994 [published at (1994) 118 CTR (St) 4] issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 17, detection, treatment and cure of---(a) leprosy patients under urban Leprosy Control Projects at Greater Bombay and New Bombay; (b) T.B. patients under T.B. Control Project at New Bombay; and (c) running of Integrated Healthcare Project at Airoli, Bombay, by ALERT-INDIA (Association for Leprosy Education, Rehabilitation and Treatment-India), 6B, Mukhyadhyapak Bhavan, 3rd Floor, Road No. 24, Sion(W), Bombay-400022, as an eligible project or scheme for a period of three years beginning with assessment year 1995-96;

And whereas by notification number S.O. 21(E) dated 6th January, 1995 [published at (1995) 123 CTR (St) 12], the estimated cost was enhanced from Rs. 190.32 lakhs to Rs. 270.02 lakhs;

And whereas by notification number S.O. 217(E) dated 17th March, 1997 [published at (1997) 138 CTR St) 213], the period of approval was extended for a period of three years beginning with assessment year 1998-99;

And whereas the said project or scheme is likely to extend beyond six years ;

Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of detection, treatment and cure of---(a) leprosy patients under urban Leprosy Control Projects at Greater Bombay and New Bombay; (b) T.B. patients under T.B. Control Projects at New Bombay; and (c) running of Integrated Healthcare Project at Airoli, Bombay, which is being carried out by ALERT-INDIA (Association for Leprosy Education, Rehabilitation and Treatment-India), 6B, Mukhyadhyapak Bhavan, 3rd Floor, Road No. 24, Sion(W), Bombay-400022, at the estimated cost of rupees two crore seventy lakhs two thousand only, as an eligible project or scheme for a further period of three years beginning with assessment year 2001-2002.

[F. No. NC-5/2000]

Notification: 11306

Section(s) Referred: s. 35AC(b) ,r. 11M(5)

Statute: INCOME TAX

Date of Issue: 29/3/2000

Whereas by notification of the Government of India in the Ministry of Finance number S.O. 64(E), dated the 30th January, 1995 [published at (1995) 123 CTR (St) 18] issued under clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified (a) maintenance and running of Cardiology Department; (b) repairs/renewals in the hospital as a whole; (c) Phase 2nd & 3rd of ENT Department and its maintenance, by Sri Sathya Sai Medical Trust, Prasanthi Nilayam, District---Anantapur, Andhra Pradesh-515134, as an eligible project or scheme for a period of three years beginning with assessment year 1995-96, which was extended vide S. O. 268(E), dated 27th March, 1997 [published at (1997) 139 CTR (St) 14] for a period of three more years beginning with assessment year 199899;

And whereas the said project or scheme is likely to extend beyond six years;

Now, therefore, the Central Government, in exercise of the powers conferred by sub-section (1) read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), hereby specifies the scheme or project of (a) maintenance and running of Cardiology Department; (b) repairs/renewals in the hospital as a whole; (c) Phase 2nd & 3rd of ENT Department and its maintenance, which is being carried out by Sri Sathya Sai Medical Trust, Prasanthi Nilayam, District-Anantapur, Andhra Pradesh-515134, at the estimated cost of rupees fifteen crore twenty-seven lakhs, as an eligible project or scheme for a further period of three years beginning with assessment year 2001-2002.

[F. No. NC-5/2000]

Notification: 11307

Section(s) Referred: s. 3(ii)

Statute: INCOME TAX

Date of Issue: 29/3/2000

In the notification of the Government of India, Ministry of Finance (Department of Revenue) number S.O. 749(E), dated the 10th September, 1999, published in the Gazette of India Extraordinary, Part-II, section 3, sub-section (ii), dated the 10th September, 1999, at pages 16 and 17 [Notification No. 11069, published at (1999) 156 CTR (St) 9] in Paragraphs 1 and 4, for 'West Bengal' read 'Bihar'.

This Corrigendum contains amendment to Income-tax Act, 1961, carried out on 29th March, 2000 not reproduced here as it is already contained in the body of the act itself.

[F. No. NC-133/95]

Notification: 11308

Section(s) Referred: s. 35(1)(ii) ,r. 6

Statute: INCOME TAX

Date of Issue: 30/3/2000

It is hereby notified for general information that the organisation mentioned below has been approved by the Central Government for the period mentioned against their names, for the purpose of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with Rule 6 of the Income-tax Rules, 1962, under the category "Association" subject to the following conditions :

(i) The notified Association shall maintain separate books of accounts for its research activities ;

(ii) The notified Association shall furnish the Annual Return of its scientific research activities to the Secretary; Department of Scientific & Industrial Research, "Technology Bhawan', New Mehrauli Road, New Delhi-110016 for every financial year on or before 31st May, of each year ;

(iii) The notified Association shall submit, on behalf of the Central Government, to (a) the Director General of Income-tax (Exemptions), 10 Middleton Row, 5th Floor, Calcutta-700071, (b) the Secretary, Department of Scientific & Industrial Research, and (c) the Commissioner of Income-tax/Director of Income-tax (Exemptions), having jurisdiction over the organisation, on or before the 31st October each year, a copy of its audited Annual Accounts and also a copy of audited Income & Expenditure Account in respect of its research activities for which exemption was granted under sub-section (1) of section 35 of Income-tax Act, 1961 in addition to the return of income-tax to the designated Assessing Officer.

------- S. No. Name of the organisation approved Period for which Notification is effective ------- 1. International Advanced Research Centre for Metallurgy & New Materials, Opposite Balapur Village, RCI Road, RR 1-4-99 to 31-3-2000 District, Hyderabad-500005 -------

[F. No. 203/47/2000-ITA.II]

Notification: 11309

Section(s) Referred: s. 10(23) ,s. 11(2) ,s. 11(3) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 30/3/2000

In exercise of the powers conferred by clause (23) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Aero Club of India, New Delhi" for the purpose of the said clause for the assessment years 1999-2000 to 2001-2002 subject to the following conditions, namely :

(ii) the assessee will not invest or deposit its funds (other than voluntary contributions received and maintained in the form of jewellery, furniture or any other article as may be notified by the Board under the third provision to the aforesaid clause (23) for any period during the previous years relevant to the assessment years mentioned above otherwise than in any one or more of the forms or modes specified in sub-section (5) of section 11 ;

(iii) the assessee will not distribute any part of its income in any manner to its members except as grants to any association or institution affiliated to it ; and

(iv) this notification will not apply in relation to any income being profits and gains of business, unless the business is incidental to the attainments of the objectives of the assessee and separate books of accounts are maintained in respect of such business.

[F. No. 196/22/99-ITA-I]

Notification: 11310

Section(s) Referred: s. 54EA(1)

Statute: INCOME TAX

Date of Issue: 30/3/2000

(i) equity shares to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 90 (ninety) crores by M/s Koshika Holdings Ltd., a Public Limited Company having its registered office at Usha House, B-II-100, M.C.I.E. Sher Shah Sun Marg, Badarpur, New Delhi- 110044 :

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid equity shares specified in this notification, allotted to him in any manner within a period of three years from the date of their allotment, the initial investment made by such assessee in such equity shares shall be chargeable to tax under the head "Capital Gains" in accordance with the provisions of the said section.

[F. No. 178/26/98-ITA-I]

Notification: 11311

Section(s) Referred: s. 54EB(1)

Statute: INCOME TAX

Date of Issue: 30/3/2000

(i) equity shares to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 10 (ten) crores by M/s Koshika Holdings Ltd. a Public Ltd. Company having its registered office at Usha House, B-II/100, M.C.I.E. Sher Shah Sun Marg, Badarpur, New Delhi-110044 ;

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid equity shares specified in this notification, allotted to him in any manner within a period of three years from the date of their allotment, the initial investment made by such assessee in such equity shares shall be chargeable to tax under the head "Capital Gains" in accordance with the provisions of the said section.

[F. No. 178/26/98-ITA-I]

Notification: 11312

Section(s) Referred: s. 54EA(1)

Statute: INCOME TAX

Date of Issue: 30/3/2000

In exercise of the powers conferred by sub-section (1) of section 54EA of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby specifies the following equity and preference shares and bond and debentures long-term specified securities for the purposes of the said section, namely :

(i) equity and preference shares to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 100 (hundred) crores by M/s Shapoorji Pallonji Power Company Ltd. having its registered office at 70, Nagindas Master Road, Fort. Bombay-400023 :

(ii) bonds and debentures to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 235 crores by M/s Shapoorji Pallonji Power Company Ltd., having its registered office at 70, Nagindas Master Road, Fort; Bombay-400 023:

Provided that the investment in the aforesaid equity and preference shares and bonds and debentures specified in this notification is made by an assessee out of net consideration arising from transfer of long-term capital asset in accordance with the provisions of the said section :

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid equity and preference shares and bonds and debentures specified in this notification, allotted to him in any manner within a period of three years from the date of their allotment, the initial investment made by such assessee in such equity shares shall be chargeable to tax under the head "Capital Gains" in accordance with the provisions of the said section.

[F. No. 178/12/99-ITA-I]

Notification: 11313

Section(s) Referred: s. 54EB(1)

Statute: INCOME TAX

Date of Issue: 30/3/2000

In exercise of the powers conferred by sub-section (1) of section 54EB of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby specifies the following equity and preference shares and bonds and debentures long-term specified securities for the purposes of the said section, namely :

(i) equity and preference shares to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 40 (forty) crores by M/s Shapoorji Pallonji Power Company Ltd. a public company registered under the Indian Companies Act, 1956 and having its registered office at 70, Nagindas Master Road, Fort, Bombay-400 023.

(ii) bonds and debentures to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 100 (hundred) crores by M/s Shapoorji Pallonji Power Company Ltd. a public company registered 'under the Indian Companies Act, 1956, and having its registered office at 70, Nagindas Master Road, Fort, Bombay-400 023 :

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid equity and preference shares and bonds and debentures specified in this notification, allotted to him in any manner within a period of seven years from the date of their allotment, the initial investment made by such assessee in such debentures shall be chargeable to tax under the head "Capital Gains" in accordance with the provisions of the said section. [F. No. 178/12/99-ITA-I]

Notification: 820

Section(s) Referred: s. 35(1)(ii) ,r. 6

Statute: INCOME TAX

Date of Issue: 30/3/2000

It is hereby notified for general information that the organisations mentioned below has been approved by the Central Government for the period mentioned against their names, for the purpose of clause (ii) of sub section (1) of section 35 of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962, under the category "association" subject to the following conditions :

(i) The notified association shall maintain separate books of account for its research activities ;

(ii) The notified association shall furnish the annual return of its scientific research activities to the Secretary, Department of Scientific and Industrial Research, "Technology Bhawan", New Mehrauli Road, New Delhi-110 016 for every financial year on or before 31st May of each year ;

(iii) The notified association shall submit, on behalf of the Central Government, to (a) the Director-General of Income-tax (Exemptions), 10 Middleton Row, 5th Floor, Calcutta-700 071, (b) the Secretary, Department of Scientific and Industrial Research, and (c) the Commissioner of Incometax/Director of Income-tax (Exemptions), having jurisdiction over the organisation, on or before 31st October each year, a copy of its audited annual accounts and also a copy of audited income and expenditure account in respect of its research activities for which exemption was granted under sub-section (1) of section 35 of the Income-tax Act, 1961, in addition to the return of income-tax to the designated Assessing Officer.

-------- Sl. Name of the organisation approved Period for which notification No. is effective -------- 1. International Advanced Research Centre for Metallurgy and New Materials, Opposite 1-4-99 to 31-3-2000 Balapur Village, RCI Road, R. R. District, Hyderabad-500 005. --------

[Notification No. 11308/F. No. 203/47/2000-ITA-II]

Notification: S.O. 313(E)

Section(s) Referred: s. 54EA(1)

Statute: INCOME TAX

Date of Issue: 30/3/2000

(i) equity and preference shares to be issued within a period of one year from the date of publication of the notification in the official gazette, of an amount not exceeding Rs. 100 (hundred) crores by Shapoorji Pallonji Power Company Limited, having its registered office at 70, Nagindas Master Road, Fort, Mumbai-400 023:

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid equity and preference shares and bonds and debentures specified in this notification, allotted to him in any manner within a period of three years from the date of their allotment, the initial investment made by such assessee in such equity shares shall be chargeable to tax under the head "Capital gains" in accordance with the provisions of the said section.

[Notification No. 11312/F.No. 178/12/99-ITA-I]

Notification: S.O. 314(E)

Section(s) Referred: s. 54EB(1)

Statute: INCOME TAX

Date of Issue: 30/3/2000

In exercise of the powers conferred by sub-section (1) of section 54EB of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby specfies the following equity and preferences shars and bonds and debentures long-term specified securities for the said section, namely:---

(i) equity and preference shares to be issued within a period of one year from the date of publication of the notification in the official gazette of an amount not exceeding Rs. 40 (forty) crores by Shapoorji Pallonji Power Company Limited, a public company registered under the Indian Companies Act, 1956, and having its registered office at 70, Nagindas Master Road, Fort, Mumbai-400 023:

(ii) bonds and debentures to be issued within a period of one year from the date of publication of the notification in the official gazette, of an amount not exceeding rupees 100 (hundred) crores by Shapoorji Pallonji Power Company Limited, a public company registered under the Indian Companies Act, 1956, and having its registered office at 70, Nagindas Master Road, Fort, Mumbai-400 023.

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid equity and preference shares and bonds and debentures specified in this notification, allotted to him in any manner within a period of seven years from the date of their allotment, the initial investment made by such assessee in such debentures shall be chargeable to tax under the head "Capital gains" in accordance with the provisions of the said section.

[Notification No. 11313/F.No. 178/12/99-ITA-I]

Notification: 11314

Section(s) Referred: s. 54EA(1)

Statute: INCOME TAX

Date of Issue: 31/3/2000

(i) equity shares to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 43.20 crores by M/s D.C. Power Ltd., Hyderabad, a public limited company having its registered office at 3-6-356/358, Basheer Bagh, Hyderabad-500 029 :

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid equity shares specified in this notification, allotted to him in any manner within a period of three years from the date of their allotment, the initial investment made by such assessee in such equity shares shall be chargeable to tax under the head "Capital Gains" in accordance with the provisions of the said section.

[F. No. 178/50/98-ITA-I]

Notification: 11315

Section(s) Referred: s. 54EB(1)

Statute: INCOME TAX

Date of Issue: 31/3/2000

(i) equity shares to be issued within a period of one year from the date of publication of the notification in the Official Gazette, of an amount not exceeding rupees 43.20 crores by M/s D.C. Power Ltd., having its registered office at 3-6-356/358, Basheer Bagh, Hyderabad-500 029 :

Provided further that in case the assessee transfers or converts (otherwise than by transfer) into money the aforesaid equity shares specified in this notification, allotted to him in any manner within a period of seven years from the date of their allotment, the initial investment made by such assessee in such equity shares shall be chargeable to tax under the head "Capital Gains" in accordance with the provisions of the said section.

[F. No. 178/50/98-ITA-I]

Notification: 821

Section(s) Referred: s. 120(1) ,s. 246(2)

Statute: INCOME TAX

Date of Issue: 31/3/2000

In exercise of the powers conferred on me by sub-section (1) of section 120 of the Income-tax Act, 1961. and by the Notification No. 8478 (F. No. 279/121/89-ITJ), dated 27th October, 1989, issued by the Central Board of Direct Taxes, New Delhi, in this behalf under the said section, I, the Chief Commissioner of Income-tax, Kanpur, hereby direct that the Commissioner of Income-tax (Appeals) specified in column 1 of the Schedule below shall perform the functions in respect of such persons assessed to income-tax or surtax or interest-tax or gift-tax or wealth-tax in Wards, Circles and Special Ranges specified in column 2 of the Schedule below as are aggrieved by any of the orders mentioned in clauses (a) to (h) of sub section (2) of section 246 of the Income-tax Act, 1961, in sub-section (1) of section 11 of the Companies (Profits) Surtax Act, 1964 (7 of 1964), in section 22 of the Interest-tax Act, 1974, in sub-section (1A) of section 23 of the Wealth-tax Act, 1957, and sub-section (1A) of section 22 of the Gift-tax Act, 1958, and also in respect of such persons or classes of persons as the Board has directed or may direct in future in accordance with the relevant provisions of the aforementioned sections of the aforementioned Acts.

Consequently all the appeals in respect of persons assessable in Ward/ Circle/Special Range specified in column 2 of the Schedule below, which were hitherto pending with any other Commissioner of Income-tax (Appeals), will also stand transferred to the Commissioner of Income-tax (Appeals) mentioned in column 1 opposite the Wards/Circles/Special Range of the Schedule below with effect from 10-4-2000. SCHEDULE ------- Sl. Charge of CIT (Appeals) Ward/Circle/Range in the jurisdiction No. with headquarters -------

1. Commissioner of Income-tax 1. Addl./Joint CIT, Central Range. Kanpur. (Appeals)-I, Kanpur.

2. Addl./Joint CIT, Range-3, Kanpur.

3. Addl./Joint CIT, Spl. Range, Kanpur. 2. Commissioner of Income-tax 1. Addl./Joint CIT, Range-1, Kanpur. (Appeals)II, Kanpur. 2. Addl./Joint CIT, Range-2, Kanpur.

3. Addl./Joint CIT, Range-4, Kanpur. -------

This notification will come into force with effect from 10-4-2000.

[F. No. CCIT/KNP/S&P/20/1999-2000]

Notification: 11316

Section(s) Referred: s. 10(23C)(iv) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 3/4/2000

In exercise of the powers conferred by the sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "National Centre for Trade Information, New Delhi" for the purpose of the said sub-clause for the assessment years 1996-97 to 1998-99 subject to the following conditions, namely :

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established,

(iii) this notification will not apply in relation to any income, being profits and gains of business, unless the business is incidental to the attainment of the objectives of the assessee and separate books of accounts are maintained in respect of such business;

(iv) the assessee will regularly file its return of income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[F. No. 197/32/97-ITA-I]

Notification: 11317

Section(s) Referred: s. 10(22B)

Statute: INCOME TAX

Date of Issue: 3/4/2000

In exercise of the powers conferred by clause (22B) of section 10 of the Income-tax-Act, 1961 (43 of 1961), the Central Government hereby specifies the "United News of India, New Delhi" as a news agency set up in India solely for collection and distribution of news for the purposes of said clause for the assessment years 2000-2001 to 2002-2003.

2. The assessee will regularly file its return of income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[F. No. 165/2/99-ITA-I]

Notification: 11318

Section(s) Referred: s. 10(23G) ,r. 2E ,r. 2E(7)

Statute: INCOME TAX

Date of Issue: 3/4/2000

2. The approval is subject to the condition that :

(i) the enterprise/industrial undertaking will conform to and comply with the provisions of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962 ;

(ii) the Central Government shall withdraw this approval if the enterprise/industrial undertaking :

(a) ceases to carry on infrastructure facility; or

(b) fails to maintain books of account and get such accounts audited by an accountant as required by sub-rule (7) of rule 2E of the Income-tax Rules, 1962; or

3. The enterprises/industrial undertakings approved are :

(i) construction of a Railway overbridge at level crossing No. 115/AA near Dera Bassi on Ambala Kalka Section of Northern Railway Crossing Ambala Kalka Road (NH-22) under BOT scheme by M/s R.S. Infrastructure Limited, 19, SCO, Feroze Gandhi Market, Ludhiana; under the agreement dated 8th September, 1999 between Government of India, Government of Punjab and M/s R.S. Builders and Engineers Ltd. (F. No. 205/10/2000-ITA-II).

(ii) 290 MW (ISO) Phase-II expansion of the existing gas based combined cycle power project at Jegurupadu, Andhra Pradesh of M/s G.V.K. Industries Limited, Kohinoor, Road No. 1, Banjara Hills, Hyderabad-500034 (F. No. 205/36/98-ITA-II Vol. II)

[F. No. 205/10/2000-ITA.II & Ors.]

Notification: 1405

Section(s) Referred: s. 10(22B)

Statute: INCOME TAX

Date of Issue: 3/4/2000

In exercise of the powers conferred by clause (22B) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the United News of India, New Delhi, as a news agency set up in India solely for collection and distribution of news for the purposes of the said clause for the assessment years 2000-2001 to 2002-2003.

2. The assessee will regularly file its return of income before the income-tax authority in accordance with the Provisions of the Income-tax Act, 1961.

[Notification No. 11317/F. No. 165/2/99-ITA-I]

Notification: 11319

Section(s) Referred: s. 295

Statute: INCOME TAX

Date of Issue: 6/4/2000

In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely :

This notification contains amendment to Income-tax Act, 1961, carried out on 6th April, 2000 not reproduced here as it is already contained in the body of the act itself.

[F. No. 9/FB/2000-TPL, Ref. Gazette of India, Extra-ord; Part II, s. 3(ii) dt. 6th April, 2000]

Notification: 11320

Section(s) Referred: s. 295

Statute: INCOME TAX

Date of Issue: 6/4/2000

This notification contains amendment to Income-tax Act, 1961, carried out on 6th April, 2000 not reproduced here as it is already contained in the body of the act itself.

[F. No. 38/FB/2000-TPL, Ref. Gazette of India, Extra-ord; Part II, s. 3(ii) dt. 6th April, 2000]

Notification: 11321

Section(s) Referred: s. 10(23C)(vi) ,r. 2CA

Statute: INCOME TAX

Date of Issue: 6/4/2000

In exercise of the powers conferred by the sub-clause (vi) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby approves the "Child Education Society, New Delhi" for the purpose of the said sub-clause for the assessment years 1999-2000 to 2001-2002:

2. Provided that the society conforms to and complies with the provisions of sub-clause (vi) of clause (23C) of section 10 of the Income-tax Act, 1961, read with rule 2CA of the Income-tax Rules, 1962.

3. The assessee will regularly file its return of income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[F. No. 197/20/2000-ITA-I]

Notification: 1407

Section(s) Referred: s. 10(23C)(vi)

Statute: INCOME TAX

Date of Issue: 6/4/2000

In exercise of the powers conferred by sub-clause (vi) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby approves the Child Education Society, New Delhi, for the purpose of the said sub-clause for the assessment years 1999-2000 to 2001-2002.

3. The assessee will regularly file its return of income before the income-tax authority in accordance with the provision of the Income-tax Act, 1961.

[Notification No. 11321/F. No. 197/20/2000-ITA-I]

Notification: 11322

Section(s) Referred: s. 10(23) ,s. 11(2) ,s. 11(3) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 7/4/2000

In exercise of the powers conferred by clause (23) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Archery Association of India, New Delhi" for the purpose of the said clause for assessment years 1990-91 to 1991-92 subject to the following conditions namely:

(ii) the assessee will not invest or deposit its funds [other than voluntary contributions received and maintained in the form of jewellery, furniture or any other article as may be notified by the Board under the third proviso to the aforesaid clause (23)] for any period during the previous years relevant to the assessment years mentioned above otherwise than in any one or more of the forms or modes specified in sub-section (5) of section 11:

(iii) the assessee will not distribute any part of its income in any manner to its members except as grants to any association or institution affiliated to it; and

[F. No. 196/3/2000-ITA-I]

Notification: 11323

Section(s) Referred: s. 10(23C)(iv) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 7/4/2000

In exercise of the powers conferred by the sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Anandashram Trust, Kanhangad, Kerala" for the purpose of the said sub-clause for the assessment years 1999-2000 to 2001-2002 subject to the following conditions, namely :

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established;

(iv) the assessee will regularly file its return of income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[F. No. 197/109/99-ITA-I]

Notification: 11324

Section(s) Referred: s. 10(23C)(iv) ,s. 11(5)

Statute: INCOME TAX

Date of Issue: 7/4/2000

In exercise of the powers conferred by the sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Council for Advancement of People's Action and Rural Technology (CAPART), New Delhi" for the purpose of the said sub-clause for assessment years 1996-97 to 1998-99 subject to the following conditions, namely :

(i) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established;

(iii) this notification will not apply in relation to any income, being 'profits and gains of, business, unless the business is incidental to the attainment of the objectives of the assessee and separate books of accounts are maintained in respect of such business;

(iv) the assessee will regularly file its return of income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961.

[F. No. 197/17/2000-ITA-I]

Notification: 11325

Section(s) Referred: s. 139(1)

Statute: INCOME TAX

Date of Issue: 10/4/2000

In exercise of the powers conferred by the first proviso to sub-section (1) of section 139 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby specifies the following areas for the purposes of the said proviso, namely :

Urban agglomeration of---

1. Ahmednagar including the areas comprised in the Municipality of Ahmednagar within the meaning of the Maharashtra Nagar Parishada Nagar Panchayat and Industrial Town Act, 1965;

2. Ajmer including the areas as notified in the Government of Rajasthan Notification No. F I (5) TP/72 dated 16th August, 1976 within the meaning of the Rajasthan Urban Improvement Act, 1959;

3. Akola including the areas comprised in the city of Akola within the meaning of the Maharashtra Municipal Councils Nagar Panchayat and Industrial Township Act, 1965;

4. Alappuzha (Alleppey) including the areas comprised in Alappuzha Municipality;

5. Aligarh including the areas comprised in the Municipal Corporation of Aligarh;

6. Alwar including the areas as notified in the Government of Rajasthan Notification No. F 1/2/LSG/63/63948-950 dated 30th April, 1976 within the meaning of the Rajasthan Municipal Act, 1959;

7. Amravati including the areas comprised in the city of Amravati within the meaning of the Amravati Municipal Corporation Act, 1983;

8. Barddhaman (Burdwan) including the areas comprised in the Burdwan Municipality within the meaning of the West Bengal Municipal Act, 1993;

9. Belgaum including the areas of Municipal Corporation of Belgaum city as notified by the Karnataka Government in the Notification No. HUD.282.MLR.95 dated 18th October, 1995 and the areas of Belgaum Cantonment Board vide Gazette Notification No. SRO 202 dated 16th April, 1970 and SRO No. 527 of 1875:

10. Bellary including the urban agglomeration of Bellary city including the areas as notified by the Karnataka Government in the Notification No. HUD.306 MLR 95 dated 26th July, 1995;

11. Berhampur (Brahmapur) including (i) the areas comprised in the Berhampur Municipality within the meaning of Orissa Municipal Act, 1950), and (ii) the areas comprised in the Berhampur Development Authority within the meaning of the Orissa Development Authorities Act, 1982;

12. Bhagalpur including the areas comprised in Bhagalpur within the meaning of the Bhagalpur Municipal Corporation Act vide S.O. 485 dated 16th April, 1981;

13. Bhavnagar including the areas falling within the Bhavnagar Municipal Corporation as defined under the Bombay Provincial Corporation Act, 1949 by Notification dated 12th February, 1982;

14. Bhiwandi including the areas comprised in the Municipal Council of Bhiwandi Nizampur within the meaning of the Maharashtra Municipalities Act, 1965;

15. Bhubaneswar including (i) the areas comprised in the Bhubaneswar Municipality within the meaning of the Orissa Municipal Act, 1950; and (ii) the areas comprised in the Bhubaneswar Development Authority within the meaning of the Orissa Development Authorities Act, 1982;

16. Biharsharif including the areas comprised in Biharsharif within the meaning of the Biharsharif Municipal Corporation Act dated 21st June, 1988;

17. Bikaner including the areas as notified in the Government of Rajasthan Notification No. F I (12) LSG/74/345 dated 19th Feb., 1982 within the meaning of the Rajasthan Municipal Act, 1959;

18. Bilaspur including the areas comprised in the Municipal Corporation of Bilaspur as notified by the Government of Madhya Pradesh in Notification No. 755-XVIII-I-80 dated 27th Feb., 1980 within the meaning of Madhya Pradesh Municipal Corporation Act, 1956;

19. Bokara Steel City;

20. Chandrapur including the areas comprised in the city of Chandrapur within the meaning of the Maharashtra Municipal Councils Nagar Panchayat and Industrial Township Act, 1965;

21. Cuddapah including the areas comprised in the Cuddapah Municipality;

22. Cuttack including (i) the areas comprised in the Cuttack Municipality within the meaning of the Orissa Municipal Act, 1950, and (ii) the areas comprised in the Cuttack Development Authority within the meaning of the Orissa Development Authorities Act, 1982; 23. Darbhanga including the areas comprised in Darbhanga within the meaning of the Darbhanga Municipal Corporation Act vide S.O. 1280 dated 23rd August, 1982;

24. Davangere including the areas of Davangere city as notified by the Karnataka Government in the Notification No. HUD.35 I MLR 95 dated 7th October, 1995;

25. Dehradun including the areas comprised in Municipal Corporation of Dehradun;

26. Dhule including the areas comprised in the Municipality of Dhule within the meaning of the Maharashtra State Town Planning Rules, 1966;

27. Durgapur including the areas comprised in the Durgapur Municipal Corporation within the meaning of the Durgapur Municipal Corporation Act, 1994;

28. Ellore including the areas comprised in the Ellore Municipality;

29. Erode including the areas comprised in the Erode Municipality within the meaning of the Tamilnadu District Municipalities Act, 1920;

30. Farrukhabad-cum-Fatehgarh including the areas comprised in the Nagarpalika Parishad of Farrukhabad-Fatehgarh;

31. Ferozabad including areas comprised in the Nagarpalika of Ferozabad;

32. Gaya including the areas comprised in Gaya within the meaning of the Gaya Municipal Corporation Act vide S.O. 1390 dated 18th November, 1983;

33. Gulbarga including the areas of Gulbarga city including the areas as notified by the Karnataka Government in the Notification No.HUD.401 MLR 95 dated 19th October, 1995;

34. Guntur including the areas comprised in the Municipal Corporation of Guntur;

35. Ichalkaranji including the areas comprised in the Municipality of Ichalkaranji within the meaning of the Maharashtra Nagarpanchayat Adhiniyam Act, 1965;

36. Imphal including the areas comprised within the Imphal Municipal Council;

37. Jalgaon including the areas comprised in the Municipality of Jalgaon within the meaning of the Maharashtra Municipal Councils Nagar Panchayat Act, 1965;

38. Jamnagar including the areas falling within the Jamnagar Municipal Corporation as defined in the Notification No. JMK/1194-2-95 dated 8th March, 1995 issued by the State Assembly Election Commission, Gujarat;

39. Jhansi including areas comprised in the Jhansi Municipality and Cantonment Board limits of Jhansi;

40. Kakinada including the areas comprised in the Kakinada Municipality;

41. Kannur (Cannanore) including the areas comprised in Kannur Municipality;

42. Kharaghpur including the areas comprised in the Kharaghpur Municipality;

43. Kolhapur including the areas comprised in the Municipal Corporation of Kolhapur within the meaning of the Bombay Provincial Municipal Corporation Act, 1949;

44. Kollam (Quilon) including the areas comprised in Kollam Municipality;

45. Kurnool including the areas comprised in the Kurnool Municipal Corporation;

46. Malegaon including the areas comprised in the Municipality of Malegaon within the meaning of the Maharashtra Nagar Parishada Nagar Panchayat and Industrial Town Act, 1965;

47. Mangalore including the areas of Mangalore city as notified by the Karnataka Government in the Notification No. MD.174/UMS/95 dated 16th March, 1997;

48. Mathura including areas comprised in the Nagarpalika of Mathura;

49. Moradabad including the areas comprised in the municipal limits of Moradabad city as defined vide notification No. 2474/9-7-94(MB)/94, dated 4th August, 1994 by the Government of Uttar Pradesh;

50. Muzaffarnagar including the areas comprised in the Muzaffarnagar Nagarpalika Parishad;

51. Muzaffarpur including the areas comprised in Muzaffarpur Municipal Corporation within the meaning of the Muzaffarpur Municipal Corporation Act vide S.O. 487, dated 16th April, 1981;

52. Nanded included the areas comprised in the Municipality of Nanded within the meaning of the Maharashtra Nagar Parishada Nagar Panchayat and Industrial Town Act, 1965;

53. Nellore including the areas comprised in the Nellore Municipality;

54. Nizamabad including the areas comprised in the Municipal Corporation of Nizamabad;

55. Ondal;

56. Patiala including the areas comprised in the Municipal Corporation of Patiala, Patiala Cantonment and all phases of urban estate developed by Patiala Urban Development Authority;

57. Pondicherry including the areas comprised in the Pondicherry Municipality Council within the meaning of the Pondicherry Municipalities Act, 1973;

58. Raipur including the areas comprised in the Municipal Corporation of Raipur as notified by the Government of Madhya Pradesh in Notification No. 48-XIII-277, dated 21st February, 1977 within the meaning of Madhya Pradesh Municipal Corporation Act, 1956;

59. Rajahmundry including the areas comprised in the Municipal Corporation of Rajahmundry;

60. Ramagundam including the areas comprised in the Municipal Corporation of Ramagundam;

61. Rampur including the areas comprised in the municipal limits of Rampur city as defined in extraordinary Gazette dated 1st February, 1944 of Rampur State;

62. Rohtak including the areas comprised in the municipal limits of Rohtak City within the meaning of Municipal Act, 1973 of Haryana State and areas developed by Haryana Urban Development Authority vide the notification dated 23rd December, 1984;

63. Rourkela including (i) the areas comprised in the Rourkela Municipality within the meaning of Orissa Municipal Act, 1950; and (ii) the areas comprised in the Rourkela Industrial Township as notified in Orissa Gazette, dated 15th April, 1996 within the meaning of the Orissa Municipal Act, 1950;

64. Sagar including the areas notified by the Government of Madhya Pradesh in Notification No. 202-32-1-85, dated 11th January, 1985 and amendment of Madhya Pradesh Gazette Extraordinary No. 490 dated 1st September, 1998;

65. Saharanpur including the areas comprised in the Saharanpur Municipality;

66. Sangli including the areas comprised in the Municipal Corporation of Sangli-Miraj & Kupwad within the meaning of the Bombay Provincial Municipal Corporation Act, 1949;

67. Shahjahanpur including the areas comprised in the municipal limits of Shahjahanpur city as defined in Notification No. 652/Eleven/24-B/1968 dated 25th May, 1978 of Government of Uttar Pradesh;

68. Shillong including the areas comprised within the Shillong Municipal Board;

69. Siliguri including the areas comprised in the Municipal Corporation of Siliguri within the meaning of Siliguri Municipal Corporation Act, 1990 ;

70. Thanjavur including the areas comprised in the Thanjavur Municipality within the meaning of the Tamilnadu District Municipalities Act, 1920;

71. Tirunelveli including the areas comprised in the Tirunelveli Municipal Corporation within the meaning of the Tirunelveli City Municipal Corporation Act, 1994;

72. Tiruppur including the areas comprised in the Tiruppur Municipality within the meaning of the Tamilnadu District Municipalities Act, 1920;

73. Trissur (Trichur) including the areas comprised in the Trissur Municipality;

74. Tuticorin including the areas comprised in the Tuticorin Municipality within the meaning of the Tamilnadu District Municipalities Act, 1920;

75. Udaipur including the areas as notified in the Government of Rajasthan Notification No. F(I)(2)TP/63 dated 27th June, 1983 within the meaning of the Rajasthan Urban Improvement Act, 1959;

76. Ujjain including the areas notified within the meaning of the Urban Land (Ceiling and Regulation) Act, 1976 and the areas comprised in the Ujjain Vikas Pradhikaran;

77. Vellore including the areas comprised in the Vellore Municipality within the meaning of the Tamilnadu District Municipalities Act, 1920 ;

78. Warangal including the area comprised in the Municipal Corporation of Warangal;

79. Yamunanagar including the areas comprised in the Municipal limits of Yamunanagar within the meaning of the Municipal Act, 1973 of Haryana State and the areas developed by Haryana Urban Development Authority.

[F. No. 142/53/99-TPL]

Notification: 11326

Section(s) Referred: s. 139(1)

Statute: INCOME TAX

Date of Issue: 10/4/2000

In exercise of the powers conferred by the first proviso to sub-section (1) of section 139 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby specifies the immovable properties, referred to below as immovable properties, for the purpose of clause (i) of the said proviso---

(a) occupying the floor areas of 1500 sq. ft. or more in respect of immovable property used for residential (other than huts and kutcha dwellings) purposes; and

(b) occupying the floor areas of 225 sq. ft. or more in respect of immovable property used for commercial purposes, in the following areas specified by the Board, namely :

Urban agglomeration of---

1. Ahmednagar including the areas comprised in the Municipality of Ahmednagar within the meaning of the Maharashtra Nagar Parishada Nagar Panchayat and Industrial Town Act, 1965;

2. Ajmer including the areas as notified in the Government of Rajasthan Notification No. F I (5) TP/72 dated 16th August, 1976 within the meaning of the Rajasthan Urban Improvement Act, 1959;

3. Akola including the areas comprised in the city of Akola within the meaning of the Maharashtra Municipal Councils Nagar Panchayat and Industrial Township Act, 1965;

4. Alappuzha (Alleppey) including the areas comprised in Alappuzha Municipality;

5. Aligarh including the areas comprised in the Municipal Corporation of Aligarh;

6. Alwar including the areas as notified in the Government of Rajasthan Notification No. F 1/2/LSG/63/63948-950 dated 30th April, 1976 within the meaning of the Rajasthan Municipal Act, 1959;

7. Amravati including the areas comprised in the city of Amravati within the meaning of the Amravati Municipal Corporation Act, 1983;

8. Barddhaman (Burdwan) including the areas comprised in the Burdwan Municipality within the meaning of the West Bengal Municipal Act, 1993 ;

10. Bellary including the urban agglomeration of Bellary city including the areas as notified by the Karnataka Government in the Notification No. HUD.306 MLR 95 dated 26th July, 1995;

11. Berhampur (Brahmapur) including (i) the areas comprised in the Berhampur Municipality within the meaning of Orissa Municipal Act, 1950; and (ii) the areas comprised in the Berhampur Development Authority within the meaning of the Orissa Development Authorities Act, 1982;

12. Bhagalpur including the areas comprised in Bhagalpur within the meaning of the Bhagalpur Municipal Corporation Act vide S.O. 485 dated 16th April, 1981;

13. Bhavnagar including the areas falling within the Bhavnagar Municipal Corporation as defined under the Bombay Provincial Corporation Act, 1949 by notification dated 12th February, 1982;

14. Bhiwandi including the areas comprised in the Municipal Council of Bhiwandi Nizampur within the meaning of the Maharashtra Municipalities Act, 1965;

15. Bhubaneswar including (i) of the areas comprised in the Bhubaneswar Municipality within the meaning if the Orissa Municipal Act, 1950; and (ii) the areas comprised in the Bhubaneswar Development Authority within the meaning of the Orissa Development Authorities Act, 1982;

16. Biharsharif including the areas comprised in Biharsharif within the meaning of the Biharsharif Municipal Corporation Act dated 21st June, 1988;

17. Bikaner including the areas as notified in the Government of Rajasthan Notification No. F I (12) LSG/74/345 dated 19th February, 1982 within the meaning of the Rajasthan Municipal Act, 1959;

18. Bilaspur including the areas comprised in the Municipal Corporation of Bilaspur as notified by the Government of Madhya Pradesh in Notification No. 755-XVIII-I-80 dated 27th February, 1980 within the meaning of Madhya Pradesh Municipal Corporation Act, 1956;

19. Bokara Steel City;

20. Chandrapur including the areas comprised in the city of Chandrapur within the meaning of the Maharashtra Municipal Councils Nagar Panchayat and Industrial Township Act, 1965;

21. Cuddapah including the areas comprised in the Cuddapah Municipality;

22. Cuttack including (i) the areas comprised in the Cuttack Municipality within the meaning of the Orissa Municipal Act, 1950; and (ii) the areas comprised in the Cuttack Development Authority within the meaning of the Orissa Development Authorities Act, 1982;

23. Darbhanga including the areas comprised in Darbhanga within the meaning of the Darbhanga Municipal Corporation Act vide S.O. 1280 dated 23rd August, 1982;