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of <h1>'Annapurna Mahila Mandal, Mumbai' Notified Under Section 10(23C)(iv) for Tax Exemption: Conditions Apply for 2000-2003</h1> The Central Government has notified 'Annapurna Mahila Mandal, Mumbai' under clause (23C)(iv) of section 10 of the Income-tax Act, 1961, for the assessment years 2000-2001 to 2002-2003. Conditions include that the organization must apply its income exclusively for its established objectives, not invest funds outside specified modes, ensure business profits are incidental and separately accounted, file regular income tax returns, and transfer surplus assets to a similar charitable organization upon dissolution. This notification excludes income from business profits unless aligned with the organization's objectives.
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