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    <title>The Central Government notified the &quot;India Polo Promotion Foundation, Mumbai&quot; for the purpose of clause (23) of section 10 of the Income-tax Act. 1961</title>
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    <description>The India Polo Promotion Foundation, Mumbai is notified under clause (23) of section 10 for assessment years 1998-99 to 2000-01, subject to conditions: apply or accumulate income per section 11(2) and (3) as modified by clause (23) for charitable objects; restrict investments and deposits to forms/modes permitted by section 11(5) and Board notifications (excluding certain tangible voluntary contributions); do not distribute income to members except grants to affiliated bodies; and exclude business profits unless incidental to objectives with separate books maintained.</description>
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      <description>The India Polo Promotion Foundation, Mumbai is notified under clause (23) of section 10 for assessment years 1998-99 to 2000-01, subject to conditions: apply or accumulate income per section 11(2) and (3) as modified by clause (23) for charitable objects; restrict investments and deposits to forms/modes permitted by section 11(5) and Board notifications (excluding certain tangible voluntary contributions); do not distribute income to members except grants to affiliated bodies; and exclude business profits unless incidental to objectives with separate books maintained.</description>
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