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of <h1>Catholic Bishops' Conference of India Notified Under Section 10(23C)(v) of Income-tax Act for 2002-2005 with Conditions</h1> The Central Government has notified the 'Catholic Bishops' Conference of India, New Delhi' under clause (23C)(v) of section 10 of the Income-tax Act, 1961, for assessment years 2002-2003 to 2004-2005. The notification is subject to conditions: the organization must apply its income solely to its objectives, not invest funds improperly, ensure business profits are incidental and maintain separate accounts, file regular income tax returns, and, upon dissolution, transfer surplus assets to a similar charitable organization.
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