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of <h1>Maharashtra State Women's Council Notified Under Section 10(23C)(iv) for Tax Exemption with Specific Conditions</h1> The Central Government has notified the 'Maharashtra State Women's Council, Mumbai' under clause (23C)(iv) of section 10 of the Income-tax Act, 1961, for the assessment years 1999-2000 to 2001-2002. The notification stipulates conditions: the council must apply its income exclusively to its objectives, invest funds only in specified modes, maintain separate accounts for any incidental business, file regular income tax returns, and, upon dissolution, transfer surplus and assets to a similar charitable organization.
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