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    <title>The Central Government notifies the &quot;North Zone Cultural Centre, Patiala (Punjab)&quot; for the purpose of clause (23C)(iv) of section 10 of the Income-tax Act, 1961</title>
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    <description>Notification recognises the North Zone Cultural Centre, Patiala as eligible under clause (23C)(iv) of section 10 of the Income-tax Act for assessment year 1997-98 subject to conditions: apply or accumulate income exclusively for its objects; restrict investments to forms permitted by the Act (except certain voluntary contributions held as property); exclude business income unless incidental and separately accounted; file returns regularly; and on dissolution transfer surplus and assets to a charitable organisation with similar objectives.</description>
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      <description>Notification recognises the North Zone Cultural Centre, Patiala as eligible under clause (23C)(iv) of section 10 of the Income-tax Act for assessment year 1997-98 subject to conditions: apply or accumulate income exclusively for its objects; restrict investments to forms permitted by the Act (except certain voluntary contributions held as property); exclude business income unless incidental and separately accounted; file returns regularly; and on dissolution transfer surplus and assets to a charitable organisation with similar objectives.</description>
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