The Central Government notified the 'National Children's Fund, 5, Siri Institutional Area, Hauz Khas, New Delhi' under section 10(23C) (iv) - 026/2004 - Income Tax Act, 1961
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Tax exemption under section 10(23C)(iv) granted to National Children's Fund, subject to compliance and reporting obligations. Notification grants tax exemption under section 10(23C)(iv) to the National Children's Fund for assessment years 1990-1991 to 1992-1993, conditional on applying income wholly to its objects or accumulating for that purpose, restricting investments to modes permitted for charitable funds, treating business income as taxable unless incidental with separate books, filing regular income-tax returns, and transferring surplus and assets on dissolution to a charitable organisation with similar objectives.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption under section 10(23C)(iv) granted to National Children's Fund, subject to compliance and reporting obligations.
Notification grants tax exemption under section 10(23C)(iv) to the National Children's Fund for assessment years 1990-1991 to 1992-1993, conditional on applying income wholly to its objects or accumulating for that purpose, restricting investments to modes permitted for charitable funds, treating business income as taxable unless incidental with separate books, filing regular income-tax returns, and transferring surplus and assets on dissolution to a charitable organisation with similar objectives.
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