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<h1>Central Government Recognizes Delhi Society for Tax Exemption Under Section 10(23C)(iv) for Assessment Years 1997-2000</h1> The Central Government has notified the 'Delhi Society for Mentally Retarded Children, Okhla Centre, New Delhi' under clause (23C)(iv) of section 10 of the Income-tax Act, 1961, applicable for assessment years 1997-98 to 1999-2000. The notification stipulates that the society must apply its income exclusively for its established objectives, invest funds according to section 11(5), and maintain separate accounts for any incidental business activities. Additionally, the society is required to file regular income tax returns, and in case of dissolution, its assets should be transferred to a similar charitable organization.