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    <title>The Central Government notifies the &quot;Export Promotion Council for Handicrafts, New Delhi&quot; for the purpose of clause (23C) (iv) of section 10 of the Income-tax Act, 1961</title>
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    <description>Notification designates the Export Promotion Council for Handicrafts as eligible under section 10(23C)(iv) for specified assessment years, conditional on applying or accumulating income exclusively to its objects; restricting investments and deposits to modes permitted under Section 11 (except certain voluntary contributions in kind); treating business income as exempt only if incidental and maintained in separate books; filing returns regularly under the Income-tax Act; and, upon dissolution, transferring surplus and assets to a charitable organisation with similar objectives.</description>
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      <description>Notification designates the Export Promotion Council for Handicrafts as eligible under section 10(23C)(iv) for specified assessment years, conditional on applying or accumulating income exclusively to its objects; restricting investments and deposits to modes permitted under Section 11 (except certain voluntary contributions in kind); treating business income as exempt only if incidental and maintained in separate books; filing returns regularly under the Income-tax Act; and, upon dissolution, transferring surplus and assets to a charitable organisation with similar objectives.</description>
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