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of <h1>Sri Sri Jagadguru Shankaracharya Mahasanathanam Notified Under Section 10(23C)(v) for Tax Exemption, Conditions Apply</h1> The Central Government has notified the 'Sri Sri Jagadguru Shankaracharya Mahasanathanam Dakshinamnaya Srt Sharda Peetham, Sringeri' under clause (23C)(v) of section 10 of the Income-tax Act, 1961, for the assessment years 2002-2003 and 2004-2005. The notification stipulates conditions such as the exclusive application of income to its established objectives, restrictions on investments, maintenance of separate business accounts if applicable, regular income tax filings, and the transfer of surplus assets to a similar charitable organization upon dissolution.
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