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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Indian Association of Parliament Population and Development gets notified under section 10(23C)(iv) for tax exemptions 1995-97.</h1> The Central Government has notified the 'Indian Association of Parliament Population and Development, New Delhi' under clause (23C)(iv) of section 10 of the Income-tax Act, 1961, for assessment years 1995-96 to 1997-98. The notification stipulates that the association must apply its income exclusively to its established objectives, invest funds as specified in section 11(5), and maintain separate accounts for any incidental business activities. It must also file regular income tax returns. In case of dissolution, any surplus must be transferred to a charitable organization with similar objectives.
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