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<h1>Kerala Motor Transport Workers Welfare Fund Board Notified Under Income-Tax Act Section 10(23C)(iv) for Specific Years</h1> The Central Government has notified the 'Kerala Motor Transport Workers Welfare Fund Board, Kollam' under clause (23C) (iv) of section 10 of the Income-tax Act, 1961, applicable for assessment years 1986-1987 to 1988-1999. The notification stipulates conditions: the income must be applied solely for its established objectives; funds must be invested as per Section 11(5); business profits are exempt only if incidental and separately accounted; regular income tax returns must be filed; and upon dissolution, surplus assets should be transferred to a similar charitable organization.