Section 10(23C)(iv) of the Income-tax Act, 1961 notifies the Tibetan Homes Foundation, New Delhi for the A.Y. 2004-05 to 2006-07

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... f 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 Tibetan Homes Foundation, New Delhi for the purpose of the said sub-clause for the assessment year 2004-2005 to 2006-2007 subject to the following conditions, namely:- (i) the assessee will apply its income, or accumulate for application, who .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ent of the objectives of the assessee and separate books of accounts are maintained in respect of such business; (iv) the assessee will regularly file its return of income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961; (v) that in the event of dissolution, its surplus and the assets will be given to a charitable organisation with similar objectives .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X