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of <h1>Central Government Notifies Shri Laxmji Mandir Trust Under Section 10(23C)(v) for Tax Exemption, Subject to Conditions</h1> The Central Government has notified the 'Shri Laxmji Mandir Trust, Bet' under clause (23C)(v) of section 10 of the Income-tax Act, 1961, for assessment years 1993-94 to 1995-96. The notification is subject to conditions: the trust must apply its income exclusively to its objectives, invest funds only in specified forms, not apply to business profits unless incidental to objectives with separate accounts, file regular income returns, and in case of dissolution, transfer surplus and assets to a similar charitable organization.
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