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<h1>Tibetan Homes Foundation Notified Under Section 10(23C)(iv) for Tax Exemption; Must Meet Specific Conditions</h1> The Central Government has notified the 'Tibetan Homes Foundation, New Delhi' under clause (23C)(iv) of section 10 of the Income-tax Act, 1961, for the assessment years 2001-2002 to 2003-2004. The notification stipulates that the foundation must apply its income solely to its established objectives, invest funds only in specified forms, maintain separate accounts for any incidental business, file regular income tax returns, and in case of dissolution, transfer surplus assets to a charitable organization with similar objectives. This notification excludes any income from business profits unless it aligns with the foundation's objectives.