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<h1>Income for the Council for Advancement of People's Action is tax-exempt under Section 10(23C)(iv) with conditions.</h1> Any income received on behalf of the Council for Advancement of People's Action and Rural Technology in New Delhi is exempt from inclusion in the total income under Section 10(23C)(iv) of the Income-tax Act, 1961. This exemption is subject to conditions, including the application of income solely for the institution's objectives, restrictions on investments, maintaining separate accounts for business income, regular income tax filings, and auditing of accounts. The notification applies from the assessment year 1999-2000 onwards and may be rescinded if the institution's activities are not genuine or do not comply with the specified conditions.