Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Railway Goods Clearing Board Gains Tax Exemption for Specific Years Under Section 10(23C)(iv) of Income-tax Act</h1> The Central Government has notified 'The Railway Goods Clearing & Forwarding Establishment Labour Board, Mumbai' under Section 10(23C)(iv) of the Income-tax Act, 1961, for the assessment years 1999-2000 to 2001-2002. The notification mandates that the Board must apply its income solely to its established objectives, restricts investment of funds to specified forms, and requires maintenance of separate accounts for any incidental business activities. The Board must also file regular income tax returns and, upon dissolution, transfer any surplus to a similar charitable organization.