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<h1>Central Government recognizes Bharat Scouts & Guides under Section 10(23C)(iv) for tax exemption, mandates compliance with Section 11(5).</h1> The Central Government has notified 'The Bharat Scouts & Guides, New Delhi' under clause (23C)(iv) of section 10 of the Income-tax Act, 1961, applicable for assessment years 1998-99 to 2000-2001. The notification stipulates that the organization must apply its income solely for its established purposes and invest funds only as specified in Section 11(5). It excludes income from business unless incidental to the organization's objectives, requiring separate accounts. The organization must file regular income tax returns and, upon dissolution, transfer surplus assets to a similar charitable organization.