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of <h1>Indian Trade Promotion Organisation Notified Under Section 10(23C)(iv) for Tax Exemption, Must Follow Income and Investment Rules</h1> The Central Government has notified the Indian Trade Promotion Organisation, New Delhi, under section 10(23C)(iv) of the Income-tax Act, 1961, for the assessment years 2001-2002 to 2003-2004. The notification stipulates that the organization must apply its income solely to its established objectives, invest funds according to specified forms, and maintain separate accounts for any incidental business activities. Additionally, the organization is required to file regular income tax returns as per the Act's provisions. This notification excludes income from business profits unless related to the organization's objectives.
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