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of <h1>Central Government notifies The Tribune Trust under Section 10(23C) for specific tax exemptions, mandates compliance with conditions.</h1> The Central Government has notified 'The Tribune Trust, Chandigarh' under section 10(23C) of the Income-tax Act, 1961, for the assessment years 2004-05 to 2006-07. The notification requires that the trust apply its income exclusively to its established objectives and restricts investment of funds to specified modes. It excludes income from business profits unless incidental to the trust's objectives and mandates separate accounting for such business. The trust must file regular income tax returns and, upon dissolution, transfer its surplus and assets to a similar charitable organization.
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