Tibetan Homes Foundation in Delhi notified under Income-tax Act Section 10(23C)(iv) for specific assessment years.

The Central Government has notified the Tibetan Homes Foundation, Bureau of His Holiness the Dalai Lama, New Delhi, under section 10(23C)(iv) of the Income-tax Act, 1961, for the assessment years 1999-2000 to 2000-2001. The notification stipulates that the foundation must apply its income solely to its established objectives and invest funds only in specified forms. Additionally, the notification does not apply to business income unless the business is incidental to the foundation's objectives and separate accounts are maintained.

---

---

---