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of <h1>Central Government Notifies Mysore Trust Under Section 10(23C)(v) for Tax Exemption, 1990-91 to 1992-93</h1> The Central Government has notified a trust in Mysore under section 10(23C)(v) of the Income-tax Act, 1961, for the assessment years 1990-91 to 1992-93. The trust is required to apply its income exclusively towards its established objectives. It must not invest or deposit funds, except for voluntary contributions in specific forms, outside the modes specified in section 11(5). This notification excludes any income from business activities unless such business is incidental to the trust's objectives and separate accounts are maintained for it.
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