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    <description>Exemption is granted to Population Foundation of India under Section 10(23C)(iv) for assessment years 2005-06 to 2007-08, conditional on applying its income wholly to charitable objects; restricting investments to modes specified in Section 11(5) (except certain voluntary contributions retained as tangible items); excluding business income unless incidental with separate accounts; regular filing of income tax returns; and transfer of surplus and assets on dissolution to a like minded charitable organisation.</description>
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