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of <h1>Central Government Recognizes Servants of India Society Under Section 10(23C)(iv) for 1998-2001 Tax Exemption</h1> The Central Government has issued a notification under section 10(23C)(iv) of the Income-tax Act, 1961, recognizing the Servants of India Society, Shivaji Nagar, Pune, for the assessment years 1998-99 to 2000-2001. The conditions for this notification include that the society must apply its income solely to its established objectives, must not invest its funds outside the specified forms or modes, and the notification does not apply to business income unless the business supports the society's objectives and maintains separate accounts.
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