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<h1>Church of North India Trust Association notified under section 10(23C)(v) for tax exemptions, with conditions on fund use.</h1> The Central Government has notified the Church of North India Trust Association, New Delhi, under section 10(23C)(v) of the Income-tax Act, 1961, for the assessment years 1992-93 to 1994-95. The notification stipulates that the association must apply or accumulate its income exclusively for its established objectives. It is restricted from investing its funds, except for voluntary contributions in specific forms, outside the modes specified in section 11(5). Additionally, the notification excludes income from business profits unless the business is incidental to the association's objectives and separate accounts are maintained for it.