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of <h1>Shri Gajanan Maharaj Sansthan Tax-Exempt for 1994-97: Comply with Section 10(23C)(v) Conditions</h1> The Central Government has notified the Shri Gajanan Maharaj Sansthan, Shegaon, Maharashtra, under section 10(23C)(v) of the Income-tax Act, 1961, for the assessment years 1994-95 to 1996-97. The notification stipulates that the Sansthan must apply its income exclusively for its established objectives, invest funds according to specified modes, and maintain separate accounts for any incidental business activities. It must also file regular income tax returns. In case of dissolution, any surplus assets must be transferred to a charitable organization with similar objectives.
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