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<h1>Export Promotion Council for Handicrafts Notified Under Section 10(23C)(iv) for Tax Exemption, Subject to Conditions</h1> The Central Government has notified the Export Promotion Council for Handicrafts, New Delhi, under clause (23C)(iv) of section 10 of the Income-tax Act, 1961. This notification applies for the assessment years 2002-2003 to 2004-2005, subject to conditions including the application of income exclusively for its established objectives, restrictions on fund investments, and maintenance of separate accounts for any business activities incidental to its objectives. The Council must file regular income tax returns, and in case of dissolution, its surplus and assets must be transferred to a charitable organization with similar objectives.