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The Central Government notified the "Auroville Foundation, Villupuram District, Tamil Nadu" under clause (23C)(iv) of section 10 of the Income-tax Act, 1961

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..... Act, 1961 NOTIFICATION No. 195 Dated 31st July. 2002 In exercise of the powers conferred by the sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Auroville Foundation, Villupuram District, Tamil Nadu" for the purpose of the said sub-clause for the assessment year 2002-2003 subject to the following conditi .....

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..... ularly file its return of income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961. (v) that in the event of dissolution, its surplus and the assets will be given to a charitable organization with similar objectives. Sd/- (l.P.S. Bindra) Under Secretary to the Govt. of India F.No.197/Sl/2002-ITA-I - Notification Tax Management Ind .....

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