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Any income received by any person on behalf of “Tamil Nadu Ex-Services Personnel Benevolent Fund, Directorate of Ex-Serviceman's Welfare, 22, Raja Muthiah Salai, Chennai-600003 exempted under Section 10 (23C)(iv)

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....ctorate of Ex-Serviceman's Welfare, 22, Raja Muthiah Salai, Chennai-600003 exempted under Section 10 (23C)(iv) NOTIFICATION NO. 137/2007, DATED 30-3-2007 In exercise of powers conferred by the sub-clause (iv) of the clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies that any income received by any person on behalf of "Tamil Nadu Ex-Service....

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....ring the previous years relevant to the assessment years mentioned above otherwise than in any one or more of the forms or modes specified in sub-section (5) of the section 11; (c) this notification will not apply in relation to any income being profits and gains of business, unless the business is incidental to the attainment of the objectives of the Institution and separate books of account are....