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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>West Bengal Child Welfare Council Notified for Tax Exemption Under Section 10(23C)(iv) for 2000-2003 Assessment Years</h1> The Central Government has notified the West Bengal Council for Child Welfare, Calcutta under section 10(23C)(iv) of the Income-tax Act, 1961, for the assessment years 2000-2001 to 2002-2003. The notification stipulates that the council must use its income exclusively for its established objectives, invest funds only in specified forms, and not apply to business income unless incidental to its objectives with separate accounts maintained. The council must also file regular income tax returns and, upon dissolution, transfer surplus assets to a similar charitable organization.