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of <h1>Central Government Recognizes Hind Kusht Nivaran Sangh under Section 10(23C)(iv) for Tax Exemption: Key Compliance Conditions</h1> The Central Government has notified the 'Hind Kusht Nivaran Sangh, New Delhi' under clause (23C)(iv) of section 10 of the Income-tax Act, 1961, for the assessment years 2001-2002 to 2003-2004. The notification stipulates that the organization must apply its income exclusively to its established objectives, invest funds only in specified forms, and maintain separate accounts for any business incidental to its objectives. It must also file regular income tax returns and, upon dissolution, transfer surplus assets to a similar charitable organization.
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