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<h1>'Hamdard Dawakhana (Wakf), Delhi' Gains Tax Exemption Under Section 10(23C)(iv) for 2001-2004 with Strict Conditions</h1> The Central Government has notified 'Hamdard Dawakhana (Wakf), Delhi' under clause (23C)(iv) of section 10 of the Income-tax Act, 1961, applicable for assessment years 2001-2002 to 2003-2004. The notification mandates that the entity must apply its income exclusively towards its established objectives, invest funds only in specified forms, and maintain separate accounts for any business incidental to its objectives. It must also file regular income tax returns and, upon dissolution, allocate surplus assets to a similar charitable organization. This notification excludes income from business profits unless it aligns with the entity's objectives.