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<h1>Central Government Notifies Dock Labour Board Under Section 10(23C) for Tax Exemption, Sets Conditions for Compliance</h1> The Central Government has notified 'The Clearing & Forwarding Unprotected Dock Labour Board, Mumbai' under section 10(23C) of the Income-tax Act, 1961, for assessment years 2002-2003 to 2004-2005. The notification stipulates conditions: the board must apply its income exclusively to its objectives, invest funds only in specified forms, maintain separate accounts for business activities incidental to its objectives, file regular income tax returns, and ensure that any surplus upon dissolution is transferred to a charitable organization with similar objectives.