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of <h1>Govindapuram Parthasarathi Kshethra Samrakshana Samithi notified under Income-tax Act for specific assessment years, with compliance conditions.</h1> The Central Government has notified the 'Govindapuram Parthasarathi Kshethra Samrakshana Samithi, Calicut' under clause (23C)(v) of section 10 of the Income-tax Act, 1961, for assessment years 1999-2000 to 2001-2002. The notification specifies 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 activities incidental to its objectives. It must also file regular income tax returns, and upon dissolution, its assets should be transferred to a similar charitable organization.
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