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    <title>The Central Government notified the &quot;Auroville Foundation, Villupuram District, Tamil Nadu&quot; under clause (23C)(iv) of section 10 of the Income-tax Act, 1961</title>
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    <description>Notification grants income-tax exemption to Auroville Foundation subject to conditions: income must be applied wholly to its objects; investments are restricted to forms permitted under section 11(5) (except specified voluntary contributions); business income is excluded unless incidental and separately accounted; regular filing of income-tax returns is required; and on dissolution surplus assets must transfer to a similar charitable organization.</description>
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      <description>Notification grants income-tax exemption to Auroville Foundation subject to conditions: income must be applied wholly to its objects; investments are restricted to forms permitted under section 11(5) (except specified voluntary contributions); business income is excluded unless incidental and separately accounted; regular filing of income-tax returns is required; and on dissolution surplus assets must transfer to a similar charitable organization.</description>
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