Notification: S

Section(s) Referred: 295

Statute: INCOME TAX

Date of Issue: 2/1/1992

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 amendments to Income-tax (First Amendment) Rules, 1992 carried out on 2nd January, 1992, not reproduced here as it is already contained in the body of the rules itself

Notification: S.O.11(E)

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

Statute: INCOME TAX

Date of Issue: 6/1/1992

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 Government hereby specifies the 7-year 13 per cent. (Taxable) Secured Redeemable Non-Convertible (Series MB-I) Bonds, issued by the Tourism Finance Corporation of India Limited, for the purpose of the said clause :

Provided that the benefit under the said clause shall be admissible in the case of transfer of such bonds, by endorsement or delivery, only if the transferee informs the said Corporation by registered post within a period of sixty days of such transfer.

(Sd.) S. K. Gupta, Under Secretary to the Government of India, [No. 8970/F. No. 328A/5/91-WT

Notification: S.O.2545

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 6/1/1992

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 The NAB Lions Home for Aging Blind, Bombay, for the purpose of the said sub-clause for the 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, 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 account are maintained in respect of such business.

[No. 8968/F. No. 197/137/91-IT.A.I

Notification: S.O.2546

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 6/1/1992

In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sanjay Gandhi Memorial Trust, New Delhi, for the purpose of the said sub-clause for the assessment years 1990-91 to 1992-93 subject to the following conditions, namely :--

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

[No. 8969/F. No. 197/146/IT.A.I

Notification: S.O.15(E)

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

Statute: INCOME TAX

Date of Issue: 7/1/1992

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 Government hereby specifies the 7-year 13 per cent. (taxable) Secured Redeemable Non-Convertible ('A' Series) Bonds, issued by the HMT Limited, Bangalore, for the purpose of the said clause :

Provided that the benefit under the said clause shall be admissible in the case of transfer of such bonds, by endorsement or delivery, only if the transferee informs the said Company by registered post within a period of sixty days of such transfer.

(Sd.) S. K. Gupta, Under Secretary to the Government of India, [No. 8977/F. No. 328A/7/91-WT

Notification: S.O.2547

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 7/1/1992

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 makes the following correction in its Notification No. 8872 (F. No. 197/36/91-IT.A.I.), dated April 19, 1991 :

This notification contains corrigendum to Income-tax Act carried out on 7th January, 1992 not reproduced here as it is already contained in the body of the act itself. [No. 8973/F. No. 197/36/91-IT.A.I.

Notification: S.O.2548

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 7/1/1992

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 Bharatiya Vidya Bhavan, Bombay, for the purpose of the said sub-clause for the assessment years 1990-91 to 1992-93 subject to the following conditions, namely :--

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

[No. 8975/F. No. 197/146/91-IT.A.I

Notification: S.O.2549

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 7/1/1992

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 Mysore Resettlement and Development Agency (MYRADA), Bangalore, for the purpose of the said sub-clause for the 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, wholly and exclusively to the objects for which it is established ;

[No. 8976/F. No. 197/157/91-IT.A.I

Notification: S.O.405

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

Statute: INCOME TAX

Date of Issue: 7/1/1992

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 makes the following amendment in its Notification No. 8921 dated 3-9-1991 :

This notification contains Corrigendum to Income-tax Act, 1961 carried out on 7th January, 1992 not reproduced here as it is already contained in the body of the act itself

Notification: S.O.955

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

Statute: INCOME TAX

Date of Issue: 7/1/1992

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 Diocese of Kurnool Society, Kurnool, for the purposes of the said sub-clause for the assessment years 1986-87 to 1988-89.

[No. 8974/F. No. 197/108/85-I.T.A-I

Notification: S.O.20(E)

Section(s) Referred: 10 ,10(23D)

Statute: INCOME TAX

Date of Issue: 8/1/1992

In exercise of then powers conferred by clause (23D) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies Canbank (Offshore) Mutual Fund set up by Canara Bank, being a corresponding new bank under column 2 of the First Schedule to the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 (5 of 1970), as mutual fund of a public sector bank for the purposes of the said clause. (Sd.) Y. K. Batra, Under Secretary (TPL-III). [No. 8979/F. No. 133/446/91-TPL

Notification: S.O.33(E)

Section(s) Referred: 295

Statute: INCOME TAX

Date of Issue: 14/1/1992

This notification contains amendments to Income-tax (Second Amendment) Rules, 1992 carried out on 14th January, 1992, not reproduced here as it is already contained in the body of the rules itself

Notification: S.O.869

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

Statute: INCOME TAX

Date of Issue: 14/1/1992

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 Dakshineswar Ramakrishna Sangha, Adyapeeth, Dakshineswar, Calcutta, 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 it 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.

[No. 9001/F. No. 197/209/91-IT.A.I.

Notification: S.O.57(E)

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

Statute: INCOME TAX

Date of Issue: 20/1/1992

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 the 10-year 9 per cent. (Tax-free) Secured Redeemable Non-Convertible Railway Bonds (Sixth "B" Series) of Rs. 1,000 each, issued by the Indian Railway Finance Corporation Limited, New Delhi, for the purpose of the said item :

Provided that the benefit under the said item shall be admissible only if the holder of such bonds registers his name and holding with the said Corporation

(Sd.) S. K. Gupta, Under Secretary to the Government of India, [No. 8982/F. No. 328A/11/91-WT

Notification: S.O.72(E)

Section(s) Referred: 194A ,194A(3) ,194A(3)(vi)

Statute: INCOME TAX

Date of Issue: 24/1/1992

In pursuance of clause (vi) of sub-section (3) of section 194A of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Certificates/Deposit Schemes mentioned in the Table given below for the purpose of the said clause :--

TABLE

Description of Certificates/Deposits Schemes

------ 1. Post Office Recurring Deposit Account

2. Post Office Time Deposit Account (one year, two year, three year and five year)

3. Post Office Monthly Income Account

4. Kisan Vikas Patras

5. National Savings Certificates (VIII issue)

6. Indira Vikas Patras. -------

[Notification No. 8985/F. No. 275/165/91-IT(B)

Notification: S.O.2550

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 27/1/1992

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 India International Centre, New Delhi, for the purpose of the said sub-clause for the 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, 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.

[No. 8987/F. No. 197/12/92-IT.A.I

Notification: S.O.80(E)

Section(s) Referred: 295

Statute: INCOME TAX

Date of Issue: 27/1/1992

This notification contains amendments to Income-tax (Third Amendment) Rules, 1992 carried out on 27th January, 1992, not reproduced here as it is already contained in the body of the rules itself

Notification: S.O.94(E)

Section(s) Referred: 269UB ,269UB(1)

Statute: INCOME TAX

Date of Issue: 31/1/1992

In exercise of the powers conferred by sub-sections (1) and (2) of section 269UB of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. S.O. 392(E), dated 31st May, 1989, namely :--

This notification contains amendments to Income-tax Act carried out on 31st January, 1992 not reproduced here as it is already contained in the body of the act itself

Notification: S.O.95(E)

Section(s) Referred: 269UB ,269UB(1)

Statute: INCOME TAX

Date of Issue: 31/1/1992

In exercise of the powers conferred by sub-sections (1) and (2) of section 269UB of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. S.O. 684(E), dated 24th September, 1986, namely :--

This notification contains amendments to Income-tax Act carried out on 31st January, 1992 not reproduced here as it is already contained in the body of the act itself.

(Sd.) Hemant K. Sarangi, Under Secretary to the Government of India. [F.No. 316/58/91-OT

Notification: S.O.2551

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 5/2/1992

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 Medical Research Foundation, Madras, for the purpose of the said sub-clause for the assessment years 1990-91 to 1992-93 subject to the following conditions, namely :--

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

[No. 8988/F. No. 191/37/91-IT.A.I.

Notification: S.O.114(E)

Section(s) Referred: 194H ,194H(2) ,194H(2)(a)

Statute: INCOME TAX

Date of Issue: 6/2/1992

The Central Government having regard to the extent of inconvenience likely to be caused to the persons specified in the Schedule annexed herewith being residents, and being satisfied that it will not be prejudicial to the interests of the Revenue, in exercise of the powers conferred by clause (a) of sub-section (2) of section 194H of the Income-tax Act, 1961(43 of 1961), hereby exempts the persons responsible for paying any income by way of commission or brokerage to the persons so specified in the Schedule from deducting income-tax on such income subject to the condition that such exemption will be available only up to the 31st day of March, 1993.

SCHEDULE ------- Sl. No. Name ------- 1. Sohrab Ardeshir Brokers Co. Pvt. Ltd., Coonoor 2. Forbes, Ewart and Figgis (Private) Ltd., Cochin 3. Paramount Tea Marketing Pvt. Ltd., Cochin 4. Forbes Tea Brokers (Coimbatore), Coimbatore 5. Tea Brokers Private Ltd., Calcutta 6. Tamil Nadu Tea Brokers Limited, Coonoor 7. A.W. Figgis and Co. Pvt. Ltd., Calcutta 8. Contemporary Target Pvt. Ltd., Calcutta 9. Calcutta Tea Traders Association, Calcutta 10. Carritt Moran and Co. Pvt. Ltd., Calcutta 11. J. Thomas and Co. Pvt. Ltd., Calcutta 12. Silliguri Tea Brokers Private Ltd., Silliguri 13. Eastern Tea Brokers Pvt. Ltd., Calcutta 14. Assam Tea Brokers Pvt. Ltd., Calcutta 15. Sudhir Chatterjee and Co. Pvt. Ltd., Calcutta 16. Associated Brokers Private Ltd., Calcutta -------

[Notification No. 8989/F. No. 275/197/91-IT(B)

Notification: S.O.2552

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

Statute: INCOME TAX

Date of Issue: 12/2/1992

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 makes the following correction in its Notification No. 8943 (F. No. 197/23/91-IT.A.I.), dated 19-11-1991 :

This notification contains corrigendum to Income-tax Act carried out on 12th February, 1992 not reproduced here as it is already contained in the body of the act itself.

[No. 8994/F. No. 197/23/91-IT.A.I.

Notification: S.O.2553

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 12/2/1992

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 Wild Life Association of South India, Bangalore, 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 it for application, wholly and exclusively to the objects for which it is established ;

[No. 8997/F. No. 197/189/91-IT.A.I.

Notification: S.O.2554

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 12/2/1992

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 Indian Silk Export Promotion Council, Bombay, for the purpose of the said sub-clause for the assessment years 1990-91 to 1991-92 subject to the following conditions, namely :--

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

[No. 8996/F. No. 197/138/91-IT.A.I.

Notification: S.O.2555

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 12/2/1992

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 Centre for Science and Environment, New Delhi, for the purpose of the said sub-clause for the 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, wholly and exclusively to the objects for which it is established ;

[No. 8995/F. No. 197/26/91-IT.A.I.

Notification: S.O.2556

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 12/2/1992

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 Navjivan Trust, Ahmedabad, for the purpose of the said sub-clause for the 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, wholly and exclusively to the objects for which it is established ;

[No. 8993/F. No. 197/9/91-IT.A.I.

Notification: S.O.704

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

Statute: INCOME TAX

Date of Issue: 12/2/1992

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 Bengal Table Tennis Association, Calcutta, for the purpose of the said clause for the assessment years 1990-91 to 1992-93 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 proviso to the aforesaid clause (23) for any period during the previous year(s) relevant to the assessment year(s) 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 attainment of the objectives of the assessee and separate books of account are maintained in respect of such business.

[Notification No. 8990/F. No. 196/17/90-IT.A.I.

Notification: S.O.866

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

Statute: INCOME TAX

Date of Issue: 12/2/1992

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 Indian Golf Union, Calcutta, for the purpose of the said clause for the assessment years 1991-92 to 1993-94 subject to the following conditions, namely :--

(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

[Notification No. 8991/F. No. 196/16/91-IT. AI

Notification: S.O.867

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

Statute: INCOME TAX

Date of Issue: 12/2/1992

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 Sadar Anjuman Ahmadiyya, Quadian, District Gurdaspur (Punjab) for the purpose of the said sub-clause for the 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, 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 ;

[No. 8992/F. No. 197/5/91-IT.A.1

Notification: S.O.868

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

Statute: INCOME TAX

Date of Issue: 12/2/1992

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 Manav Seva Sangh, Vrindavan, U.P. for the purpose of the said sub-clause for the 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, wholly and exclusively to the objects for which it is established ;

[No. 8998/F. No. 197/187/91-IT.A.I.

Notification: S.O.135(E)

Section(s) Referred: 295

Statute: INCOME TAX

Date of Issue: 13/2/1992

This notification contains Amendment to Income-tax (Fourth Amendment) Rules, 1992 carried out on 13th February, 1992 not reproduced here as it is already contained in the body of the rules itself

Notification: S.O.2557

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 14/2/1992

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 Consumer Guidance Society of India, for the purpose of the said sub-clause for the assessment years 1989-90 to 1991-92 subject to the following conditions, namely :--

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

[No. 9000/F. No. 197/58/88-IT.A.I.

Notification: S.O.1202

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

Statute: INCOME TAX

Date of Issue: 26/2/1992

In exercise of the powers conferred by clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Arulmigu Narambunathaswamy Temple, Thiruppudaimarudur, to be a place of archaeological importance and public worship of renown throughout the State of Tamilnadu for the purpose of the said section.

[No. 9002/F. No. 176/13/92-IT. A.I.

Notification: S.O.2558

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 26/2/1992

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 Gujarat Pollution Control Board, for the purpose of the said sub-clause for the assessment years 1989-90 to 1991-92 subject to the following conditions, namely :--

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

[No. 9005/F. No. 197/76/89-IT.A.I.

Notification: S.O.956

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

Statute: INCOME TAX

Date of Issue: 26/2/1992

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 Hindu Satkar Samiti, Calcutta, for the purpose of the said sub-clause for the assessment years 1992-93 to 1995-96 subject to the following conditions, namely :--

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

[No. 9004/F. No. 197/206/91-IT A-I

Notification: S.O.174(E)

Section(s) Referred: 194H ,194H(2) ,194H(2)(a)

Statute: INCOME TAX

Date of Issue: 3/3/1992

The Central Government, having regard to the extent of inconvenience likely to be caused to the commission agents and dealers in foodgrain trade, being residents, and being satisfied that it will not be prejudicial to the interests of the Revenue, in exercise of the powers conferred by clause (a) of sub-section (2) of section 194H of the Income-tax Act, 1961 (43 of 1961), hereby exempts the persons responsible for paying any income by way of commission or brokerage (hereinafter referred to as "the said persons") to commission agents or dealers in foodgrains trade, subject to the following conditions, namely :--

(i) the commission agents or dealers furnish their Permanent Account Number (PAN) to the said persons ;

(ii) the said persons furnish a list of commission agents or dealers, in whose cases tax has not been deducted at source, along with their addresses and the amount of commission or brokerage paid in each case during the financial year to the Commissioner of Income-tax concerned within two months of the end of that financial year.

2. This notification will remain in force up to the 30th day of September, 1992.

[Notification No. 9007/F. No. 275/13/92-IT(B)

Notification: S.O.175(E)

Section(s) Referred: 194H ,194H(2) ,194H(2)(a)

Statute: INCOME TAX

Date of Issue: 3/3/1992

The Central Government, having regard to the extent of inconvenience likely to be caused to the International Air Transport Association approved air travel agents and air cargo agents, being residents, and being satisfied that it will not be prejudicial to the interests of the revenue, in exercise of the powers conferred by clause (a) of sub-section (2) of section 194H of the Income-tax Act, 1961 (43 of 1961), hereby exempts the airlines companies responsible for paying any income by way of commission or brokerage to the International Air Transport Association, approved air travel agents and air cargo agents, subject to the following conditions, namely :--

(1) the International Air Transport Association, approved air travel agents and air cargo agents furnish their permanent account number to the said airlines companies ;

(2) the said airlines companies furnish a list of the International Air Transport Association, approved air travel agents and air cargo agents, in whose cases tax has not been deducted at source along with their addresses and the amount of commission or brokerage paid in each case during the financial year to the Commissioner of Income-tax concerned within two months of the end of that financial year.

2. This notification will remain in force up to the 30th day of September, 1992.

[Notification No. 9006/F. No. 275/1/92-IT(B)

Notification: S.O.1059

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

Statute: INCOME TAX

Date of Issue: 4/3/1992

In exercise of the powers conferred by clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Arulmigu Viruthagiriswarar Temple, Virddhachallam-606 001, South Arcot District to be a place of public worship of renown throughout the State of Tamil Nadu for the purpose of the said section.

This notification will be valid only for the repair/renovation work mentioned in the first phase and approved by the HR & CE Commissioner in this regard.

[No. 9008 (F. No. 176/45/91-IT(AI))]

Notification: S.O.194(E)

Section(s) Referred: 295

Statute: INCOME TAX

Date of Issue: 9/3/1992

This notification contains Amendment to Income-tax (Fifth Amendment) Rules, 1992 carried out on 9th March, 1992 not reproduced here as it is already contained in the body of the rules itself

Notification: S.O.2559

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 17/3/1992

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 Homi Bhaba Fellowships Council, Bombay, for the purpose of the said sub-clause for the assessment years 1991-92, 1992-93 and 1993-94 subject to the following conditions, namely :--

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

[No. 9010/F. No. 197/15/92-IT.A.I.

Notification: G.S.R.338(E)

Section(s) Referred: 295

Statute: INCOME TAX

Date of Issue: 23/3/1992

This notification contains Amendment to Income-tax (Sixth Amendment) Rules, 1992 carried out on 23rd March, 1992 not reproduced here as it is already contained in the body of the rules itself

Notification: S.O.235(E)

Section(s) Referred: 10 ,10(6) ,10(6)(viia)

Statute: INCOME TAX

Date of Issue: 25/3/1992

In exercise of the powers conferred by clause (iii) of Explanation to sub-clause (viia) of clause (6) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the field of information technology including computer architecture systems platforms and associated technology, software development process and tools for the purposes of the said sub-clause (viia).

[Notification No. 9012/F. No. 133/476/91-TPL

Notification: S.O.1296

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

Statute: INCOME TAX

Date of Issue: 26/3/1992

In exercise of the powers conferred by clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Arulmigu Nadiamman Temple, Pattukottai, Thanjavur District, Tamil Nadu, to be a place of public worship of renown throughout the State of Tamil Nadu for the purposes of the said section.

[No. 9015/F. No. 176/43/91-I.T.A.I

Notification: S.O.238(E)

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

Statute: INCOME TAX

Date of Issue: 26/3/1992

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 the 10-year 9 per cent (tax free) Redeemable Non-Convertible HUDCO Bonds (Series-II), issued by the Housing and Urban Development Corporation for the purpose of the said item :

Provided that the benefit under the said item shall be admissible only if the holder of such bonds registers his name and holding with the said Corporation.

[No. 9013/F. No. 328A/8/91-WT

Notification: S.O.2560

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 26/3/1992

In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Children's Book Trust, New Delhi, for the purpose of the said sub-clause for the assessment years 1989-90 to 1991-92 subject to the following conditions, namely :--

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

[No. 9017/F. No. 197/176/89-IT.A.I.

Notification: S.O.2776

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

Statute: INCOME TAX

Date of Issue: 26/3/1992

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 Catholic Diocess of Meerut, for the purpose of the said sub-clause for the assessment years 1988-89 to 1990-91 subject to the following conditions, namely :--

(i) the assessee will apply its income, or accumulate it 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 contribution 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 ;

[No. 9016/F. No. 197/145/86/ITA-I

Notification: S.O.244(E)

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

Statute: INCOME TAX

Date of Issue: 27/3/1992

In exercise of the powers conferred by 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 specifies the project of Sri Sathya Sai Medical Trust, Anantpur (Andhra Pradesh) for the establishment of the Urology, Nephrology unit (at estimated cost of Rs. 5 crores) and the Neurology unit (at estimated cost of 7.5 crores) in the Speciality Hospital at Prasanthi Nilayam, Anantpur, (Andhra Pradesh) to be an eligible project for the purposes of the said clause.

This notification shall remain in force for a period of 3 years in relation to the assessment years 1992-93, 1993-94 and 1994-95.

[No. 9019/F. No. 133/137/92-TPL

Notification: G.S.R.371(E)

Section(s) Referred: 295

Statute: INCOME TAX

Date of Issue: 27/3/1992

This notification contains Amendment to Income-tax (Seventh Amendment) Rules, 1992 carried out on 27th March, 1992 not reproduced here as it is already contained in the body of the rules itself

Notification: S.O.254(E)

Section(s) Referred: 295

Statute: INCOME TAX

Date of Issue: 1/4/1992

This notification contains Amendment to Income-tax (Eighth Amendment) Rules, 1992 carried out on 1st April, 1992 not reproduced here as it is already contained in the body of the rules itself

Notification: S.O.273(E)

Section(s) Referred: 295

Statute: INCOME TAX

Date of Issue: 9/4/1992

In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), and rule 92 of the Second Schedule to that Act, the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax (Certificate Proceedings) Rules, 1962, namely :--

This notification contains Amendment to Income-tax (Certificate Proceedings) (Amendment) Rules, 1992 carried out on 9th April, 1992 not reproduced here as it is already contained in the body of the rules itself

Notification: S.O.302(E)

Section(s) Referred: 295

Statute: INCOME TAX

Date of Issue: 28/4/1992

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 to the Income-tax Rules, 1962, namely :--

This notification contains Amendments to Income-tax (Ninth Amendment) Rules, 1992 carried out on 28th April, 1992 not reproduced here as it is already contained in the body of the rules itself

Notification: S.O.2568

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 7/5/1992

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 Rural Development Organisation, Aruvankadu, Nilgiris, 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 it for application, wholly and exclusively to the objects for which it is established ;

[No. 9025/F. No. 197/230/89-IT(A-I)

Notification: S.O.2569

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 13/5/1992

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 Punjab Isti Sabha Relief Trust, for the purpose of the said sub-clause for the 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, wholly and exclusively to the objects for which it is established ;

[No. 9026/F. No. 197/151/91-ITA.I

Notification: S.O.344(E)

Section(s) Referred: 194H ,194H(2) ,194H(2)(a)

Statute: INCOME TAX

Date of Issue: 18/5/1992

In exercise of the powers conferred by clause (a) of sub-section (2) of section 194H of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. S.O. 114(E), dated 6th Februrary, 1992, namely :--

This notification contains Amendments to Income-tax Act, 1961 carried out on 18th May, 1992 not reproduced here as it is already contained in the body of the act itself.

Notification: S.O.357(E)

Section(s) Referred: 295

Statute: INCOME TAX

Date of Issue: 25/5/1992

This notification contains Amendments to Income-tax (Tenth Amendment) Rules, 1992 carried out on 25th May, 1992 not reproduced here as it is already contained in the body of the rules itself

Notification: S.O.1886

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

Statute: INCOME TAX

Date of Issue: 27/5/1992

In exercise of the powers conferred by clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sri Prasanna Venkatachalapathy Temple, Gunaseelam, Musiri Taluk, Trichy District, Tamil Nadu, to be a place of public worship of renown throughout the State of Tamilnadu for the purpose of the said section.

This notification will be valid only for the repair/renovation work to the extent of Rs. 6 lakhs as approved by the HR & CE Commissioner in this regard.

[No. 9030/F. No. 176/4/92-IT. A

Notification: S.O.2570

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 29/5/1992

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 Sarva Seva Sangh, Sevagram, Wardha, for the purpose of the said sub-clause for the assessment years 1990-91 to 1992-93 subject to the following conditions, namely :--

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

[No. 9031/F. No. 197/99/90-ITA.I

Notification: S.O.2571

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 29/5/1992

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 Association of the Physically Handicapped, Bangalore, for the purpose of the said sub-clause for the 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, wholly and exclusively to the objects for which it is established ;

[No. 9033/F. No. 197/64/90-ITA.I

Notification: S.O.2572

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 29/5/1992

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 West Bengal Council for Child Welfare, Calcutta, for the purpose of the said sub-clause for the 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, wholly and exclusively to the objects for which it is established ;

[No. 9032/F. No. 197/164/91-ITA.I

Notification: S.O.385(E)

Section(s) Referred: 295

Statute: INCOME TAX

Date of Issue: 29/5/1992

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 ammend to the Income-tax Rules, 1962, namely :--

This notification contains Amendments to Income-tax (Twelfth Amendment) Rules, 1992 carried out on 29th May, 1992 not reproduced here as it is already contained in the body of the rules itself

Notification: S.O.386(E)

Section(s) Referred: 295

Statute: INCOME TAX

Date of Issue: 29/5/1992

This notification contains Amendments to Income-tax (Eleventh Amendment) Rules, 1992 carried out on 29th May, 1992 not reproduced here as it is already contained in the body of the rules itself

Notification: S.O.1810

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

Statute: INCOME TAX

Date of Issue: 2/6/1992

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 Tamil Nadu Cricket Association, Madras, for the purpose of the said 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 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 proviso to the aforesaid clause (23)] for any period during the previous year(s) relevant to the assessment year(s) 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

[Notification No. 9037/F. No. 196/15/91-IT. A.I.

Notification: S.O.1811

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

Statute: INCOME TAX

Date of Issue: 3/6/1992

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 Poona District and Metropolitan Badminton Association, Poona, for the purpose of the said clause for the assessment years 1990-91 to 1992-93 subject to the following conditions namely :--

(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

[Notification No. 9044/F. No. 196/6/89-IT. A.I.

Notification: S.O.1812

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

Statute: INCOME TAX

Date of Issue: 3/6/1992

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 Bombay Cricket Association, Bombay, for the purpose of the said clause for the assessment years 1990-91 to 1992-93, subject to the following conditions, namely :--

(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

[Notification No. 9043/F. No. 196/18/91-IT. A.I.

Notification: S.O.2573

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 3/6/1992

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 Motilal Memorial Society, Lucknow, for the purpose of the said sub-clause for the 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, wholly and exclusively to the objects for which it is established ;

[No. 9039/F. No. 197/4/91-ITA.I

Notification: S.O.2574

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 3/6/1992

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 C. P. Ramaswami Aiyar Foundation, Madras, for the purpose of the said sub-clause for the assessment years 1990-91 to 1992-93 subject to the following conditions, namely :--

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

[No. 9038/F. No. 197/132/89-ITA.I

Notification: S.O.2575

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 3/6/1992

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 National Foundation for Communal Harmony, 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 it for application, wholly and exclusively to the objects for which it is established ;

[No. 9040/F. No. 197/54/92-ITA.I

Notification: S.O.2782

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

Statute: INCOME TAX

Date of Issue: 3/6/1992

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 Dohnavur Fellowship, Dohnavur, Tirunelveli District, for the purpose of the said sub-clause for the assessment years 1989-90 to 1991-92 subject to the following conditions, namely :--

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

[No. 9042/F. No. 197/147/91-ITA.I

Notification: S.O.2783

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

Statute: INCOME TAX

Date of Issue: 3/6/1992

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 Ramachandradev Association, New Delhi, for the purpose of the said sub-clause for the assessment years 1990-91 to 1992-93 subject to the following conditions, namely :--

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

[No. 9041/F. No. 197/56/92-ITA.I

Notification: S.O.1813

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

Statute: INCOME TAX

Date of Issue: 10/6/1992

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 Tamil Nadu Tennis Association, Madras, for the purpose of the said 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 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 ;

(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

[Notification No. 9045/F. No. 196/5/92-IT. A.I.

Notification: S.O.1953

Section(s) Referred: 80HHA ,80HHA(a) ,80HHA(a)(ii)

Statute: INCOME TAX

Date of Issue: 23/6/1992

In pursuance of sub-clause (ii) of clause (a) of the Explanation to section 80HHA of the Income-tax Act, 1961 (43 of 1961), the Central Government, having regard to the stage of development (including the extent of and scope for, urbanisation) of the areas concerned and other relevant considerations, specifies the areas shown in column (3) of the Schedule below and falling outside the local limits of the municipality or cantonment board, as the case may be, shown in the corresponding entry in column (2) thereof, for the purposes of the above mentioned provisions of the Income-tax Act, 1961 (43 of 1961).

SCHEDULE

------ Sl. Name of the municipality or Details of the areas No. cantonment board ------ 1 2 3 ------

1. Bombay, Calcutta, Delhi, Hyderabad, Areas up to a distance of 15 kilometres Madras and New Delhi in all directions from the municipal limits or, as the case may be, cantonment limits 2. Ahmedabad, Bangalore, Kanpur, Areas up to a distance of 12 kilometres Lucknow, Nagpur and Pune in all directions from the municipal limits or, as the case may be, cantonment limits

3. Agra, Allahabad, Amritsar, Bhopal, Areas up to a distance of 10 kilometres Cochin, Coimbatore, Dhanbad in all directions from the municipal Gwalior, Indore, Jabalpur, limits or, as the case may be, cantonment Jaipur, Jamshedpur, Ludhiana, limits Madurai, Patna, Salem, Sholapur, Srinagar, Surat, Tiruchirappalli, Trivandrum, Varanasi (Banaras) and Vadodara (Baroda).

4. Any other municipality or cantoment Areas up to a distance of 8 kilometres in boards all directions from the municipal limits or, as the case may be, cantonment limits. ------

This notification shall have effect from the 1st day of April, 1989.

[No. 9046/F. No. 178/108/91-IT. A.I.

Notification: S.O.487(E)

Section(s) Referred: 10 ,10(14) ,10(14)(ii)

Statute: INCOME TAX

Date of Issue: 1/7/1992

In exercise of the powers conferred by sub-clause (ii) of clause (14) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendment to the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. S.O. 144(E), dated 21st Februrary, 1989, namely :--

This notification contains Amendments to Income-tax Act, 1961 carried out on 1st July, 1992 not reproduced here as it is already contained in the body of the act itself

Notification: S.O.2561

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 2/7/1992

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 Yusuf Meherally Centre, Bombay, for the purpose of the said sub-clause for the assessment years 1992-93 1993-94 and 1994-95 subject to the following conditions, namely :--

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

[No. 9049/F. No. 197/73/92-IT.A.I.

Notification: S.O.492(E)

Section(s) Referred: 115K

Statute: INCOME TAX

Date of Issue: 2/7/1992

In exercise of the powers conferred by section 115K and 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 to the Income-tax Rules, 1962, namely :--

This notification contains Amendments to Income-tax (Fourteenth Amendment) Rules, 1992 carried out on 2nd July, 1992 not reproduced here as it is already contained in the body of the rules itself

Notification: S.O.2076

Section(s) Referred: 35CCB

Statute: INCOME TAX

Date of Issue: 10/7/1992

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 6-AAC of the Income-tax Rules, 1962, for the purposes of section 35-CCB of the Income-tax Act, 1961.

NAME OF THE INSTITUTION/ASSOCIATION

M/s. Poona District Leprosy Committee, "Manishra" 2nd Floor, Flat No. 35, 2-A, Moledina Road, Pune-411 001.

PROGRAMME

"Afforestation and Agro-forestry"

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 programme under sub-section (1) of section 35CCB are valid for a period of three years with effect from 1-1-1992, subject to the following conditions :

(i) Poona District Leprosy Committee, Pune, shall maintain a separate account of the donations received by it for afforestation and agro-forestry activities.

(ii) The Committee shall furnish programmes and reports of the conservation and afforestation programmes to the prescribed authority for every financial year by 30th June, every year.

(iii) The society shall submit to the prescribed authority by the 30th June, annual accounts showing total income and liabilities and a copy of each of these documents sent to the concerned Commissioner of Income-tax.

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

[No. 9051/F. No. 203/82/91-ITA-II

Notification: S.O.2562

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 14/7/1992

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 Jhargram Leprosy Project, Calcutta, for the purpose of the said sub-clause for the assessment years 1988-89 to 1990-91 subject to the following conditions, namely :--

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

[No. 9052/F. No. 197/117/88-IT.A.I.

Notification: S.O.2563

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 14/7/1992

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 Institute of Public Assistance, Goa, for the purpose of the said sub-clause for the assessment years 1985-86 to 1987-88 subject to the following conditions, namely :--

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

[No. 9053/F. No. 197/18/90-IT.A.I.

Notification: S.O.2777

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

Statute: INCOME TAX

Date of Issue: 14/7/1992

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 Kurukshetra Development Board, Haryana, for the purpose of the said sub-clause for the 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, wholly and exclusively to the objects for which it is established ;

[No. 9056/F. No. 197/208/91-ITA.I

Notification: S.O.2778

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

Statute: INCOME TAX

Date of Issue: 14/7/1992

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 Bala Murgan Devasthanam Trust, Ahmedabad, for the purpose of the said sub-clause for the assessment years 1990-91 to 1991-92 subject to the following conditions, namely :--

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

[No. 9054/F. No. 197/23/92/ITA.I

Notification: S.O.2779

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

Statute: INCOME TAX

Date of Issue: 14/7/1992

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 Raghavendra Swamy Mutt, Andra Pradesh, for the purpose of the said sub-clause for the assessment years 1990-91 to 1992-93 subject to the following conditions, namely :--

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

[No. 9055/F. No. 197/32/92-ITA.I

Notification: S.O.529(E)

Section(s) Referred: 295

Statute: INCOME TAX

Date of Issue: 17/7/1992

This notification contains Amendments to Income-tax (Fifteenth Amendment) Rules, 1992 carried out on 17th July, 1992 not reproduced here as it is already contained in the body of the rules itself

Notification: S.O.2242

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

Statute: INCOME TAX

Date of Issue: 21/7/1992

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 Maharashtra Cricket Association, Pune, for the purpose of the said 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 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 ;

(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

[Notification No. 9058/F. No. 196/8/92-IT (A)

Notification: F.71-Ad(AT)/88

Section(s) Referred: 255 ,255(5)

Statute: INCOME TAX

Date of Issue: 24/7/1992

In exercise of the powers conferred by sub-section (5) of section 255 of the Income-tax Act, 1961 (43 of 1961), the Income-tax Appellate Tribunal hereby makes the following rules further to amend to the Income-tax (Appellate Tribunal) Rules, 1963.

This notification contains Amendments to Income-tax (Appellate Tribunal) Amendment Rules, 1963 carried out on 24th July, 1992 not reproduced here as it is already contained in the body of the rules itself

Notification: S.O.551(E)

Section(s) Referred: 10 ,10(15) ,10(15)(iid)

Statute: INCOME TAX

Date of Issue: 27/7/1992

In exercise of the powers conferred by sub-clause (iid) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the NRI Bonds (Second Series), issued by the State Bank of India, a bank established under section 3 of the State Bank of India Act, 1955 (23 of 1955), for the purposes of the aforesaid sub-clause.

(Sd.) Y.K. Batrta, Under Secretary (TPL). [No. 9059/F. No. 133/231/91-TPL

Notification: S.O.578(E)

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

Statute: INCOME TAX

Date of Issue: 31/7/1992

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 recommendation of the National Committee, hereby approves the institutions specified in column (2) of the Table below and specifies the eligible projects and schemes and the estimated cost thereof as mentioned in columns (3) and (4) respectively of the said Table.

TABLE

------ Sl. Name of the institution Project or scheme Estimated cost No. of the project or scheme ------ 1 2 3 4 ------

1. Navinchandra Mafatlal Construction of the building Rs. 60 lakhs Sadgura Water and Deve- of the institution and devel- lopment Foundation, opment of training, research District Panchmahal, and demonstration in land Gujarat. and water resources for tribal communities.

2. Kamla Nehru Memorial (a) Health care and medical set Rs. 42.62 lakhs Hospital, Allahabad up ;

(b) Vocational training ; Rs. 6.7 lakhs

3. Ramakrishna Mission (a) Slum-Re-housing ; Rs. 50 lakhs Belur Math, Howrah (Narendrapur) (b) Rural housing ; Rs. 235 lakhs

(c) School building reconstruction ; Rs. 30 lakhs (d) Training and self-employment for handicapped poor (primarily blind) in rural and urban areas. Rs. 95 lakhs

4. Deepalaya Education Construction of school building Society, Janakpuri, New Delhi at Sanjay Colony slums Rs. 5. 45 lakhs.

-------

2. This notification shall remain in force for a period of three years in relation to the assessment years 1993-94, 1994-95 and 1995-96.

[No. 9060/F. No. 133/231/92-TPL

Notification: S.O.579(E)

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

Statute: INCOME TAX

Date of Issue: 31/7/1992

In exercise of the powers conferred by clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government, on the recommendation of the National Committee, hereby specifies the eligible projects and schemes and the estimated cost thereof as mentioned in columns (3) and (4) respectively of the Table below to be undertaken by the company specified in the corresponding entry in column (2) of the said Table :--

TABLE

------- Sl. Name of the company Project or scheme Estimated cost No. of the project or scheme ------- 1 2 3 4 ------ 1. Tata Chemicals Ltd., Regional Development of Rs. 66 lakhs Bombay Okha Mandal Project for estab- lishment of six education and information centres

2. Jindal Aluminium Ltd., (a) Drinking water project ; Rs. 22.5 lakhs Bangalore (b) Rural Mobile Health Centre : Rs. 7 lakhs.

------

2. This notification shall remain in force for a period of three years in relation to the assessment years 1993-94, 1994-95 and 1995-96.

[No. 9061/F. No. 133/231/92-TPL

Notification: S.O.2564

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 4/8/1992

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 Shree Gadge Maharaj Mission, Bombay, for the purpose of the said sub-clause for the 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, wholly and exclusively to the objects for which it is established ;

[No. 9062/F. No. 197/61/91-IT.A.I.

Notification: S.O.2565

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 4/8/1992

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 SOS Children's Village of India, New Delhi, for the purpose of the said sub-clause for the 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, wholly and exclusively to the objects for which it is established ;

[No. 9063/F. No. 197/120/90-IT.A.I.

Notification: S.O.595(E)

Section(s) Referred: 48 ,48(v)

Statute: INCOME TAX

Date of Issue: 5/8/1992

In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 of 1961), the Central Government, having regard to seventy-five per cent. of the average rise in the Consumer Price Index for urban non-manual employees, hereby specifies the Cost Inflation Index as mentioned in column (3) of the Table below for the financial year mentioned in the corresponding entry in column (2) of the said Table.

TABLE

------ Sl. No. Financial year Cost Inflation Index ------ (1) (2) (3) ------

1. 1981-82 100 2. 1982-83 109 3. 1983-84 116 4. 1984-85 125 5. 1985-86 133 6. 1986-87 140 7. 1987-88 150 8. 1988-89 161 9. 1989-90 172 10. 1990-91 182 11. 1991-92 199 12. 1992-93 223

------

(Sd.). D. P. Semwal, Under Secretary to the Government of India. [No. 9064/F. No. 142/22/92-TPL

Notification: S.O.613(E)

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

Statute: INCOME TAX

Date of Issue: 10/8/1992

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 10-year 9 per cent. (Tax-free) Redeemable Non-convertible Railway Bonds of Rs. 1,000 each for cash at par (Sixth Series), issued by the Indian Railway Finance Corporation Limited for the purpose of the said item.

Provided that the benefit under the said item shall be admissible only if the holder of such bonds registers his name and holding with the said corporation.

(Sd.) S. K. Gupta, Under Secretary to the Government of India.

[No. 9067/F. No. 328A/3/91-WT

Notification: S.O.617(E)

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

Statute: INCOME TAX

Date of Issue: 10/8/1992

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 specified in column (2) of the Table below and specifies the eligble projects and schemes and estimated cost thereof as mentioned in columns (3) and (4) respectively of the said Table.

TABLE

------- Sl. No. Name of the institution Project or scheme Estimated cost of the project or scheme ------- 1 2 3 4 -------

1. Shri Sadguru Seva Sangh Eye Camps Project Estimated cost of the Trust of Bombay project is Rs. 60 lakhs

2. Bharat Sewashram Sangha, (i) Leprosy Welfare Estimated cost of both Calcutta Works the projects is Rs. 5 (ii) Backward class lakhs each. and Tribal Welfare

3. Manovikas Kendra, Calcutta Rehabilitation Centre Estimated cost of the for handicapped project is Rs. 4 crores.

-------

2. This notification shall remain in force for a period of three years in relation to the assessment years 1993-94, 1994-95 and 1995-96.

(Sd.) Virendra Kumar Saksena, Under Secretary to the Government of India.

[No. 9065/F. No. 133/257/92-TPL

Notification: S.O.618(E)

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

Statute: INCOME TAX

Date of Issue: 10/8/1992

TABLE

------ Sl. Name of the company Project or scheme Estimated cost of No. the project or scheme ------ 1 2 3 4 ------

1. The Peerless General Pedestrain Overbridge Contributions made Finance and Investment at Ultadanga, VIP Road from 1-4-92 will be Company Limited. Crossing in Calcutta. chargeable for the benefit under section 35AC. The project has been approved for its balance estimated cost of Rs. 44.32 lakhs. ------

2. This notification shall remain in force for a period of three years in relation to the assessment years 1993-94, 1994-95 and 1995-96.

[No. 9066/F. No. 133/257/92-TPL

Notification: S.O.2436

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

Statute: INCOME TAX

Date of Issue: 17/8/1992

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 The Bombay Hockey Association Limited, Bombay, for the purpose of the said clause for the assessment years 1990-91 to 1992-93 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 proviso to the aforesaid clause (23)) for any period during the previous year(s) relevant to the assessment year(s) 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

[Notification No. 9069/F. No. 196/3/90-IT(A1)

Notification: S.O.625(E)

Section(s) Referred: 295

Statute: INCOME TAX

Date of Issue: 18/8/1992

This notification contains Amendments to Income-tax (Sixteenth Amendment) Rules, 1992 carried out on 18th August, 1992 not reproduced here as it is already contained in the body of the rules itself

Notification: S.O.2566

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 19/8/1992

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 Servants of India Society, Pune, for the purpose of the said sub-clause for the assessment years 1990-91 to 1992-93 subject to the following conditions, namely :--

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

[No. 9071/F. No. 197/78/92-ITA-I

Notification: S.O.2567

Section(s) Referred: 10 ,10(23) ,10(23)(iv)

Statute: INCOME TAX

Date of Issue: 19/8/1992

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 Royal Commonwealth Society for the Blind, Bombay, for the purpose of the said sub-clause for the assessment years 1990-91 to 1992-93 subject to the following conditions, namely :--

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

[No. 9072/F. No. 197/197/89-IT.A.I.

Notification: S.O.2780

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

Statute: INCOME TAX

Date of Issue: 19/8/1992

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 Catholic Bishops' Conference of India, New Delhi, for the purpose of the said sub-clause for the assessment years 1990-91 to 1992-93 subject to the following conditions, namely :--

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

[No. 9073/F. No. 197/155/89-ITA.I

Notification: S.O.628(E)

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

Statute: INCOME TAX

Date of Issue: 20/8/1992

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 10-year 9 per cent. (tax-free) Secured Redeemable Non-Convertible Bonds (Series 1 Issue 1992), issued by the National Power Transmission Corporation Limited, for the purpose of the said item :

Provided that the benefit under the said item shall be admissible only if the holder of such bonds registers his name and holding with the said Corporation.

[No. 9074/F. No. 328A/7/92-WT

Notification: S.O.629(E)

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

Statute: INCOME TAX

Date of Issue: 20/8/1992

In exercise of the powers conferred by clause (ii) of sub-clause (1) of section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the 7-year (taxable) Secured Redeemable Non-convertible Bonds (Series 1 Issue 1992), issued by the National Power Transmission Corporation Limited, for the purpose of the said clause :

Provided that the benefit under the said clause shall be admissible in the case of transfer of such bonds by endorsement or delivery, only if the transferee informs the said Corporation by registered post within a period of sixty days of such transfer.

[No. 9075/F. No. 328A/7/92-WT

Notification: S.O.2781

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

Statute: INCOME TAX

Date of Issue: 28/8/1992

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 Arulmigu Ramanathaswamy Temple, Rameswaram, for the purpose of the said sub-clause for the 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, wholly and exclusively to the objects for which it is established ;

[No. 9078/F. No. 197/83/92-ITA.I

Notification: S.O.653(E)

Section(s) Referred: 10 ,10(15) ,10(15)(i)

Statute: INCOME TAX

Date of Issue: 31/8/1992

In exercise of the powers conferred by sub-clause (i) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies interest on the deposits in the Non-Resident (Non-repatrible) Rupee Deposit Scheme accruing to non-residents only, for the purposes of the said clause for the assessment year 1993-94 and subsequent assessment years.

[No. 9080/F. No. 131/20/92-TPL

Notification: S.O.2486

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

Statute: INCOME TAX

Date of Issue: 3/9/1992

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 Pune Tennis Mandal, Pune, for the purpose of the said clause for the assessment years 1990-91 to 1992-93 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 ;

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

[Notification No. 9083/F. No. 196/1/90-IT (A1)

Notification: S.O.2487

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

Statute: INCOME TAX

Date of Issue: 3/9/1992

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 The Federation of Motors Sports Clubs of India, Madras, for the purpose of the said 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 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 ;

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

[Notification No. 9084/F. No. 196/15/92-IT (A1)

Notification: S.O.2488

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

Statute: INCOME TAX

Date of Issue: 3/9/1992

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 Bulsar District Cricket Association, Bulsar, for the purpose of the said clause for the 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 ;

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

[Notification No. 9085/F. No. 196/20/91-ITA-I

Notification: S.O.2727

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

Statute: INCOME TAX

Date of Issue: 14/9/1992

In exercise of the powers conferred by clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sri Venkatachalpathy Temple, Cheranmahadevi, Tamil Nadu, to be a place of historic importance and public worship of renown throughout the State of Tamil Nadu for the purpose of the said section.

This notification will be valid only for the repair/renovation work to the extent of Rs. 2.59 lakhs (rupees two lakhs fifty-nine thousand). The temple renovation committee will not receive donations from public for construction of community hall for performing marriages, etc., and for Agama Kriya.

[F. No. 176/1/92-ITA-I

Notification: S.O.2674

Section(s) Referred: 35D ,35D(2) ,35D(2)(a)

Statute: INCOME TAX

Date of Issue: 18/9/1992

In continuation of this Office Notification No. 8377 (F. No. 203/279/88-ITA.II), dated 26th May, 1989, it is hereby notified for general information that the concern mentioned below has been approved by the Central Board of Direct Taxes for the purposes of carrying out the work in connection with the preparation of the feasibility report or the preparation of project report or conducting market survey or any other survey for the business of an assessee as is referred to in sub-clauses (i) to (iii) of clause (a) of sub-section (2) of section 35D of the Income-tax Act, 1961.

CONCERN

M/s. Chaturvedi and Company, 60, Bentinck Street, Calcutta-700 069.

This notification is effective for a period from 19th August, 1991, to 18th August, 1994.

[No. 9092/F. No. 203/80/91-ITA.II

Notification: S.O.2785

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

Statute: INCOME TAX

Date of Issue: 21/9/1992

In exercise of the powers conferred by clause (b) of sub-section (2) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Arulmigu Adulya Nadeswarar Temple, Arakanda Nallur, Thirukoilur, to be a place of archaeological and aristic importance and a place of public worship in the State of Tamil Nadu for the purpose of the said section.

[No. 9097/F. No. 176/55/92-ITA.I

Notification: S.O.2892

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

Statute: INCOME TAX

Date of Issue: 21/9/1992

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 Guru Gobind Singh Foundation, Chandigarh, for the purpose of the said sub-clause for the assessment years 1988-89 to 1990-91, subject to the following conditions, namely :--

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

[Notification No. 9095/F. No. 197/54/88-ITA-I

Notification: S.O.2893

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

Statute: INCOME TAX

Date of Issue: 21/9/1992

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 Srimajjagadguru Madhawacharya Moola Mahasamsthana Uttaradhi Mutt, Dharwad, Karnataka, for the purpose of the said sub-clause for the assessment years 1990-91 to 1992-93, 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 ;

[Notification No. 9094/F. No. 197/125/91-ITA-I

Notification: S.O.697(E)

Section(s) Referred: 80G ,80G(5) ,80G(5)(vi)

Statute: INCOME TAX

Date of Issue: 21/9/1992

In exercise of the powers conferred by clause (vi) of sub-section (5) of section 80G read with 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 Amendments to Income-tax (Seventeenth Amendment) Rules, 1992 carried out on 21st September, 1992 not reproduced here as it is already contained in the body of the rules itself

Notification: S.O.699(E)

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

Statute: INCOME TAX

Date of Issue: 21/9/1992

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), and in supersession of the Notification No S. O. 11(E), dated 6th January, 1992, the Central Government hereby specifies the 7-year 17.5 per cent. (taxable) Secured Redeemable Non-convertible (Series MB-I) Bonds, issued by the Tourism Finance Corporation of India Limited, for the purpose of the said clause :

This notification will take effect from the 1st day of April, 1993, and will apply to the assessment year 1993-94 and subsequent assessment years.

(Sd.) S. K. Gupta, Under Secretary to the Government of India. [No. 9098/F. No. 328A/5/91-WT

Notification: S.O.2784

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

Statute: INCOME TAX

Date of Issue: 24/9/1992

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 Ratnagiri Zilla Bridge Association, Ratnagiri, 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 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 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 attainment of the objectives of the assessee and separate books of account are maintained in respect of such business.

[No. 9101/F. No. 196/19/92-ITA

Notification: S.O.2675

Section(s) Referred: 44AA ,44AA(1)

Statute: INCOME TAX

Date of Issue: 25/9/1992

In exercise of the powers conferred by sub-section (1) of section 44AA of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby notifies the profession of company secretary for the purpose of the said sub-section.

Explanation.-- In this notification, "company secretary" means a person who is a member of the Institute of Company Secretaries of India in practice within the meaning of sub-section (2) of section 2 of the Company Secretaries Act, 1980 (56 of 1980).

[No. 9102/F. No. 225/51/92-IT(A-II)

Notification: S.O.711(E)

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

Statute: INCOME TAX

Date of Issue: 25/9/1992

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 approved the instructions mentioned below in items (1) to (11) and specifies the eligible projects and schemes and the estimated cost thereof in their respective items.

1. (1) (i) Banwasi Seva Ashram, Govindpur (via Turra), Sonbhadra, U. P.

(ii) (a) Mission for Gram Swarjya-Youth for National Construction.

(b) Construction and equipment of one hundred women and children centres in the tribal villages in the District of Sonbhadra, U. P.

(iii) (a) Rs. 5 crores

(b) Rs. 1.5 crores

(2) (i) Jaipur Rural Health and Development Trust, 10, Ganesh Colony, Moti Dungri, Jaipur-302 004.

(ii) (a) PVOH II U. S. Aid

(b) Construction of low cost houses

(d) Poultry-Raising and Garment-making for rural women.

(iii) (a) Not exceeding Rs. 20.95 lakhs in the aggregate.

(b) Rs. 14.70 lakhs.

(d) Rs. 3 lakhs

The project on poultry raising and garment making for rural women at the estimated cost of Rs. 3 lakhs is approved for the assessment year 1993-94.

(3) (i) Legal Aid Services, West Bengal (LAS-WEB) 5, K. S. Roy Road (Ground Floor), Calcutta-700 001.

(ii) (a) Legal Aid Camp

(b) Legal Literacy Scheme

(iii) (a) Rs. 2,40,000

(b) Rs. 4,80,000

The Scheme mentioned in sub-item (ii) and the cost thereof mentioned in sub-item (iii) is approved for the assessment year 1993-94.

(4) (i) Bhoruka Charitable Trust, 1 Prabhu Dayal Marg, Sanganer Airport, Jaipur-302 011.

(ii) Integrated Rural Development Programme (Twenty Projects).

1. Rural Road Construction (mentioned) (25 kms.)

2. Rural Road Construction (Kaccha) (50 kms.)

3. Low Cost Latrines and Bathing Cubicle (3,000 units)

4. Low Cost Housing Project (1,000 units)

5. Health Sub-Centres (65 units)

6. Construction of Hospital (30 bedded)

7. Research Centre for Ground Water Exploration.

8. Rainwater harvesting (50 units X Rs. 80,000)

9. Construction of dugwells (20 units)

10. Handpumps for drinking water (200 units)

11. Agricultural Development

12. Development of horticulture through drip irrigation

13. Wasteland development project (600 hectares)

14. Integrated Child Development Services (100 centres)

15. Non-formal education for girls (200 centres)

16. Middle High School for girls (6 of schools)

17. Adult Education for Women (200 centres)

18. Vocational Training Centre for Women

19. Providing teaching aids to Primary Schools (100 schools)

20. Comprehensive Rural Health Development Project.

(iii) Aggregate estimated cost less Government grants, that is, for Rs. 6,69,25,500.

(5) (i) Jamnalal Bajaj Foundation, Bajaj Bhawan, 2nd Floor, 226, Nariman Point, Jamnalal Bajaj Marg, Bombay-400 021.

(ii) (a) Accelerated Rural Water Supply (Handpumps)

(b) Rural Sanitation---(Low cost latrines)

(iii) (a) Rs. 2,90,500

(b) Rs. 11,69,000

(6) (i) Ramakrishna Mission, P. O. Belur Math, District Horwarh, West Bengal-711 202.

(ii) (a) Construction of dwelling units for the rural poor (b) Mobile Medical Services and Health Education.

(iii) (a) Rs. 50 lakhs.

(b) Rs. 15 lakhs.

(7) (i) ACIL-Navasarjan Rural Development (ANaRDe) Foundation, Baldota Bhawan, 6th Floor, 117 Maharshi Karve Marg, Bombay-400 020.

(ii) (a) Family Welfare Programme

(b) Eye Protection Camp

(d) Self-employment for poor people

(iii) (a) Rs. 1 lakh

(b) Rs. 1 lakh

(d) Rs. 5 lakhs.

(8) (i) Dr. Vidya Sagar Hospital, Nehru Nagar, New Delhi-110 065

(ii) Awareness and rehabilitation for drug addicts and alcoholics

(iii) Rs. 58.60 lakhs.

(9) (i) Amravathy Government Higher Secondary, Reg. No. I-66/92, Amravathy 10, Kumily-185 509 (Kerala).

(ii) Science Block Buildings and other development works

(iii) Rs. 3.5 lakhs

(10) (i) Ashupad Sudhar Sabha, Village Jamli, P. O. Lafran, Tehsil Barsar, District Hamirpur (H. P.)

(ii) Construction of dwelling units for economically weaker sections in the Hamirpur District of H. P.

(iii) Rs. 15.85 lakhs as reduced by any sums received from CAPART.

(11) (i) Parents Association of Deaf Children (Regd.), 273, 16th Main, Saraswathipuram, Mysore.

(ii) Construction of a school building, hostel for mothers of the handicapped children and a training programme at Saraswathipuram, Mysore.

(iii) Rs. 36 lakhs.

2. Unless otherwise provided in relation to items (2) and (3) respectively, this notification shall remain in force for a period of three assessment years commencing from the assessment year 1993-94.

[No. 9104/F. No. 133/300/92-TPL

Notification: S.O.729(E)

Section(s) Referred: 115K

Statute: INCOME TAX

Date of Issue: 30/9/1992

This notification contains Amendments to Income-tax (Eighteenth Amendment) Rules, 1992 carried out on 30th September, 1992 not reproduced here as it is already contained in the body of the rules itself

Notification: S.O.758(E)

Section(s) Referred: 17 ,17(2) ,17(2)(ii)

Statute: INCOME TAX

Date of Issue: 7/10/1992

In exercise of the powers conferred by sub-clause (b) of clause (ii) of the proviso to clause (2) of section 17 read with 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 Amendments to Income-tax (Nineteenth Amendment) Rules, 1992 carried out on 7th October, 1992 not reproduced here as it is already contained in the body of the rules itself

Notification: G.S.R.801(E)

Section(s) Referred: 88 ,88(2) ,88(2)(xiiia)

Statute: INCOME TAX

Date of Issue: 7/10/1992

In exercise of the powers conferred by clause (xiiia) of sub-section (2) of section 88 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the Jeevan Dhara and Jeevan Akshay plans of the Life Insurance Corporation of India, as filed by that Corporation with the Controller of Insurance under sub-section (1) of section 40B of the Insurance Act, 1938 (4 of 1938), read with rule 17C of the Insurance Rules, 1939, and section 26 read with sub-section (2) of section 3 of the said Insurance Act respectively, as the annuity plans of that Corporation for the purposes of the said clause (xiiia).

This notification shall be deemed to have come into force on the 1st day of April, 1992.

(Sd.) K. M. Sultan, Director (TPL-II).

[No. 9108/F. No. 133/228/92-TPL

Notification: G.S.R.819(E)

Section(s) Referred: 88 ,88(2) ,88(2)(ix)

Statute: INCOME TAX

Date of Issue: 21/10/1992

In exercise of the powers conferred by clause (ix) of sub-section (2) of section 88 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the National Savings Scheme, contained in the National Savings Scheme Rules, 1992, as a deposit scheme for the purpose of clause (ix) of sub-section (2) of section 88.

2. This Notification is effective from the 1st day of October, 1992.

(Sd.) K. M. Sultan, Director (TPL).

[No. 9110/F. No. 133/347/92-TPL

Notification: G.S.R.820(E)

Section(s) Referred: 80L ,80L(1) ,80L(1)(iii)

Statute: INCOME TAX

Date of Issue: 21/10/1992

In exercise of the powers conferred by clause (iii) of sub-section (1) of section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the National Savings Scheme, contained in the National Savings Scheme Rules, 1992, as a scheme for the purpose of clause (iii) of sub-section (1) of section 80L.

2. This Notification is effective from the 1st day of October, 1992.

(Sd.) K. M. Sultan, Director (TPL).

[No. 9111/F. No. 133/347/92-TP

Notification: S.O.2963

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

Statute: INCOME TAX

Date of Issue: 23/10/1992

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 Institute of Dharmsthala, Karnataka, for the purpose of the said sub-clause for the assessment years 1988-89 to 1990-91, 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 ;

[Notification No. 9112/F. No. 197/107/90-IT(AI)

Notification: S.O.2964

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

Statute: INCOME TAX

Date of Issue: 23/10/1992

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 Govind Bhavan Karyalaya, Calcutta, 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 ;

[Notification No. 9113/F. No. 197/95/92-IT(AI)

Notification: S.O.2965

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

Statute: INCOME TAX

Date of Issue: 23/10/1992

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 Divine Life Society, Shivanandanagar, District Tehri, Garhwal (U. P.), 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 ;

[Notification No. 9115/F. No. 197/76/92-IT(AI)

Notification: S.O.795(E)

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

Statute: INCOME TAX

Date of Issue: 28/10/1992

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 the 10-year 9 per cent. (Tax-free) Secured Redeemable Non-Convertible Bonds-VIII Issue issued by the National Thermal Power Corporation Limited for the purpose of the said item :

Provided that the benefit under the said item shall be admissible only if the holder of such bonds registers his name and holding with the said corporation.

This notification shall take effect for the assessment year commencing on the 1st day of April, 1992, and subsequent assessment years.

(Sd.) S. K. Gupta, Under Secretary to the Government of India.

[No. 9116/F. No. 328A/9/92-WT]

Notification: S.O.796(E)

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

Statute: INCOME TAX

Date of Issue: 28/10/1992

In exercise of the powers conferred by sub-clause (ii) of clause (1) of section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the 7-year 17 per cent. (Taxable) Secured Redeemable Non-Convertible Bonds-VII Issue, issued by the National Thermal Power Corporation Limited, for the purpose of the said clause.

This notification shall take effect for the assessment year commencing on the 1st day of April, 1992, and subsequent assessment years.

(Sd.) S. K. Gupta, Under Secretary to the Government of India.

[No. 9117/F. No. 328A/9/92-WT

Notification: S.O.797(E)

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

Statute: INCOME TAX

Date of Issue: 28/10/1992

In exercise of the powers conferred by sub-clause (ii) of clause (1) of section 80L of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the 7-year 17 per cent. (Taxable) Secured Redeemable Non-Convertible Bonds-IX Issue, issued by the National Thermal Power Corporation Limited, for the purpose of the said clause.

This notification shall take effect for the assessment year commencing on the 1st day of April, 1992, and subsequent assessment years.

(Sd.) S. K. Gupta, Under Secretary to the Government of India.

[No. 9118/F. No. 328A/9/92-WT

Notification: S.O.124

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

Statute: INCOME TAX

Date of Issue: 6/11/1992

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 Arpana Trust, Madhuban, Karnal, Haryana, for the purpose of the said sub-clause for the 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, wholly and exclusively to the objects for which it is established ;

[Notification No. 9121/F. No. 197/67/90-ITA-I

Notification: S.O.822(E)

Section(s) Referred: 35AC

Statute: INCOME TAX

Date of Issue: 6/11/1992

In exercise of the powers conferred under section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government, on the recommendations of the National Committee, hereby approves the institution specified in column (2) of the Table below and specifies the eligible project and scheme and the estimated cost thereof as mentioned in columns (3) and (4) respectively of the said Table.

TABLE ------- Sl. No. Name of the institution Project or Scheme Estimated cost of the project or scheme ------- 1 2 3 4 ------

1. Rural Litigation and Entitle- Total literacy Estimated cost of the ment Kendras (RLEK), amongst nomadic project is Rs. 20 lakhs. Dehra Dun Gujjars living in Western U. P. -------

2. This notification shall remain in force for a period of three years in relation to the assessment years 1993-94, 1994-95 and 1995-96 and subject to the condition that the benefit of 'Total Literacy Project' would be equally available for all the Nomadic Tribals of Western U. P.

[No. 9122/F. No. 133/257/92-TPL

Notification: S.O.1215

Section(s) Referred: 10 ,10(23C) ,10(23C)(iv)

Statute: INCOME TAX

Date of Issue: 12/11/1992

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 Hamdard Dawakhana, New Delhi, for the purpose of the said sub-clause for the assessment years 1988-89 and 1989-90.

[No. 9123/F. No. 197/156/87-ITA-I

Notification: S.O.125

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

Statute: INCOME TAX

Date of Issue: 13/11/1992

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 Manmaharaja Niranjana Jagadguru Sri Mallikarjuna Murugharajendra Mahaswaminam Sri Bruhanmatha, Chitradurga-700 502, Karnataka, for the purpose of the said sub-clause for the assessment years 1989-90 to 1991-92, subject to the following conditions, namely :---

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

[Notification No. 9124/F. No. 197/20/92-ITA-I

Notification: S.O.2977

Section(s) Referred: 138 ,138(1) ,138(1)(a)

Statute: INCOME TAX

Date of Issue: 16/11/1992

In pursuance of sub-clause (ii) of clause (a) of sub-section (1) of section 138 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies all the officers of and above the rank of Superintendent of Police serving in the State Vigilance Bureau, Haryana, for the purpose of the said sub-clause.

[Notification No. 9125/F. No. 225/77/90-ITA-II

Notification: S.O.126

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

Statute: INCOME TAX

Date of Issue: 19/11/1992

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 Kerala Jesuit Society, Calicut, Kerala, for the purpose of the said sub-clause for the assessment years 1990-91 to 1992-93, subject to the following conditions, namely :---

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

[Notification No. 9131/F. No. 197/19/92-ITA-I

Notification: S.O.127

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

Statute: INCOME TAX

Date of Issue: 25/11/1992

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 Sachiyaymataji Trust, Osian (Jodhpur), Rajasthan, for the purpose of the said sub-clause for the assessment years 1989-90 to 1991-92, subject to the following conditions, namely :---

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

[Notification No. 9136/F. No. 197/103/92-ITA-I

Notification: S.O.324

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

Statute: INCOME TAX

Date of Issue: 25/11/1992

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 Venkatachalapathi Annachatram Trust, Kabistalam, Thanjavur District, for the purpose of the said sub-clause for the assessment years 1989-90 to 1991-92 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 ;

[No. 9134/F. No. 197/52/90/-ITA-I

Notification: G.S.R.896(E)

Section(s) Referred: 293A

Statute: INCOME TAX

Date of Issue: 26/11/1992

Whereas, the Central Government is satisfied that it is necessary and expedient so to do in public interest to make reduction in the rate in respect of income-tax in favour of any person, being an Indian company, with whom the Central Government has entered into an agreement for the association or participation of that Government or any person authorised by that Government in any business consisting of the propecting for or extraction or production of mineral oils ;

Now, therefore, in exercise of the powers conferred by section 293A of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby provides that--

(a) where the total income of any such person consists only of profits and gains derived from such business, the tax payable by such person on his total income shall be the amount of income-tax calculated on such total income at the rate of fifty per cent. of such income ; no surcharge for the Union is to be levied on such income ;

(b) where the total income of such person includes such profits and gains, the tax payable by him on his total income shall be--

(i) the aggregate of the income-tax payable by him in accordance with the provisions of clause (a) on the profits and gains referred to in that clause included in the total income ; plus

(ii) the amount of income-tax calculated on the amount of total income as reduced by the amount of profits and gains referred to in clause (a), at the rate of income-tax which would have been applicable to the total income, if the provision of the said clause had not applied, increased by a surcharge at the rate provided in the Finance Act of the relevant assessment year on the amount of income-tax payable under this clause.

Explanation.-- For the purposes of this notification,

(a) "Indian company" shall have the meaning assigned to it in sub-section (26) of section 2 of the Income-tax Act, 1961 (43 of 1961) ;

(b) "mineral oil" includes petroleum and natural gas.

(Sd.) T. S. Krishna Murthy, Joint Secretary to the Government of India.

[No. . . .(F. No. 467/9/92-FTD)

Notification: S.O.872(E)

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

Statute: INCOME TAX

Date of Issue: 27/11/1992

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 Government hereby specifies the 7-year 17 percent. (taxable) Secured Redeemable PFC Bonds (First Series), issued by the Power Finance Corporation Limited for the purpose of the said clause :

This notification shall be effective from the assessment year 1992-93 and subsequent assessment years.

[No. 9139/F. No. 328A/8/92-WT

Notification: S.O.10

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

Statute: INCOME TAX

Date of Issue: 30/11/1992

In exercise of the powers conferred by clause (b) of sub-section (2) of section 80-G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Ananthapuram Sree Krishna Swamy Temple to be a place of public worship of renown throughout the State of Kerala for the purpose of the said section.

[Notification No. 9144/F. No. 176/74/92-ITA-I

Notification: S.O.10

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

Statute: INCOME TAX

Date of Issue: 30/11/1992

[Notification No. 9144/F. No. 176/74/92-ITA-I

Notification: S.O.878(E)

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

Statute: INCOME TAX

Date of Issue: 30/11/1992

In exercise of the powers conferred by sub-section (1) of, 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 against items Nos. 1 to 8 below and specifies the eligible projects and schemes to be carried out by the said institutions and the estimated cost of such projects and schemes.

1. (i) Name of the Institution : Manav Seva Pratisthan, 14, Princes Street, Calcutta-700 072.

(ii) Title of the Project : (a) Gopali Project Construction of a students' hostel at Gopali Ashram and installation of water facilities at Village Gopali near I. I. T., Kharagpur at an estimated cost of Rs. 16 lakhs.

(b) Jalaberia Project : Construction of a students' hostel building and training and self-employment activities at an estimated cost of Rs. 6.66 lakhs.

(d) Phuleswar Project : Recurring expenses of Rs. 72,000 for running a primary school and two homeopathic clinics.

(e) Amta Project : Construction of a building for primary school and medical clinic at an estimated cost of Rs. 5,72,000.

2. (i) Name of the Institution : Gandhigram Trust, Gandhigram, Tamil Nadu-624 302.

(ii) Title of the Project : (a) Construction of a ward for the paediatric department at an estimated cost of Rs. 4 lakhs.

(b) Construction of a development centre for training women, providing family education and technological training at an estimated cost of Rs. 6.35 lakhs.

3. (i) Name of the Institution : Jankidevi Bajaj Gram Vikash Sanstha, 55/4, University Road, Aundh, Pune-411 007.

(ii) Title of the Project : Integrated Rural Development Project at an estimated cost of Rs. one crore eighteen lakhs.

4. (i) Name of the Institution : Delhi Association of the Deaf, Regd. Office, 92, Kamla Market, New Delhi-110 002.

(ii) Title of the Project : Research and Rehabilitation Centre for the Deaf at an estimated cost of Rs. one crore.

5. (i) Name of the Institution : Jaycee Society for Rehabilitation of the Handicapped, Thiruvangad, Tellicherry-670 103.

(ii) Title of the Project : Construction of a school building for mentally retarded at an estimated cost of Rs. 5,60,000 less Government grant sanctioned, i.e., for Rs. 2,10,000.

6. (i) Name of the Institution : Community Development Society, Jaladi (P. O.) Edlapadu (M)-522 233, Guntur, Andhra Pradesh.

(ii) Title of the project : Construction of a school building cum Community Centre at an estimated cost of Rs. one lakh.

7. (i) Name of the Institution : The Memorial Fund for Disaster Relief, C/o. Delhi Cheshire Home, Okhla Road, New Delhi-110 025.

(ii) Title of the Project : Memorial Fund for TB Project at an estimated cost of Rs. nine lakhs thirteen thousand and four hundred.

8. (i) Name of the Institution : Ramakrishna Math, P. O. Belur Math, Distt. Howrah, West Bengal-711 202.

(ii) Title of the Project : Hospital Centre at Trivandrum at an estimated cost of Rs. fifty-six lakhs.

2. This Notification shall remain in force for a period of three assessment years commencing from the asessment year 1993-94.

[No. 9141/F. No. 133/339/92-TPL

Notification: S.O.879(E)

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

Statute: INCOME TAX

Date of Issue: 30/11/1992

In exercise of the powers conferred by 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 specifies the eligible projects and schemes and the estimated costs thereof as mentioned in columns (3) and (4) respectively of the Table below to be undertaken by the company specified in the corresponding entry in column (2) of the said Table.

TABLE ------- Sl. No. Name of the Projects or Schemes Estimated Cost company of the projects ------- 1 2 3 4 -------

1. Jindal Aluminium Ltd. (a) Construction of new Rs. 50 lakhs Regd. Office and Works : rooms/buildings for 16th K. M. Tumkur Road, village schools in 21 Bangalore-560 073. villages.

(b) Borewells, etc., for Rs. 24 lakhs drinking water in 28 villages. -------

2. This notification shall remain in force so far as the project regarding construction of new rooms/buildings for village schools in 21 villages at the estimated cost of Rs. 50 lakhs for the assessment years 1993-94 and 1994-95 and so far as the project regarding tubewells, etc., for drinking water in 28 villages at the estimated cost of Rs. 24 lakhs is concerned this notification shall remain in force only for the assessment year 1993-94.

[No. 9142/F. No. 133/339/92-TPL

Notification: S.O.922(E)

Section(s) Referred: 295

Statute: INCOME TAX

Date of Issue: 23/12/1992

This notification contains Amendments to Income-tax (Twentieth Amendment) Rules, 1992 carried out on 23rd December, 1992 not reproduced here as it is already contained in the body of the rules itself

Notification: S.O.325

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

Statute: INCOME TAX

Date of Issue: 31/12/1992

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 Church of South India Trust Association, Madras, 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 it for application, wholly and exclusively to the objects for which it is established ;

[Notification No. 9156/F. No. 197/5/92-IT(AI)

Notification: S.O.326

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

Statute: INCOME TAX

Date of Issue: 31/12/1992

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 Bochasanwasi Shri Akshar Purushottam Sanstha, Ahmedabad, 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 it for application, wholly and exclusively to the objects for which it is established ;

[Notification No. 9158/F. No. 197/104/92-IT(AI)