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<h1>Income for National Horticulture Board exempt from tax for 2005-08 under Section 10(23C)(iv), with specific conditions.</h1> The Central Government has issued a notification exempting any income received on behalf of the National Horticulture Board, Gurgaon, Haryana, from being included in the total income for assessment years 2005-06 to 2007-08 under Section 10(23C)(iv) of the Income-tax Act, 1961. This exemption is conditional upon the institution using its income solely for its established objectives, adhering to investment restrictions, maintaining separate accounts for any incidental business income, filing regular income tax returns, and ensuring that any surplus upon dissolution is transferred to a similar organization. The exemption applies only to income received on behalf of the institution.