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<h1>Institute for Development and Communication Notified Under Section 10(23C)(iv) for Tax Exemption, Must Adhere to Specific Conditions.</h1> The Central Government has notified the 'Institute for Development and Communication, Chandigarh' under clause (23C)(iv) of section 10 of the Income-tax Act, 1961, applicable for the assessment years 1993-94 to 1995-96. The notification mandates that the institute must apply its income exclusively to its established objectives, invest funds only in specified modes, and maintain separate accounts for any incidental business activities. Additionally, the institute is required to file regular income tax returns and, upon dissolution, transfer surplus assets to a charitable organization with similar objectives.