Any income received by any person on behalf of National Council of Applied Economic Research, Parisila Bhawan, II, Indraprastha Estate, New Delhi exempted under Section 10 (23C)(iv) for the Assessment Years 2005-2006 to 2007-08

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....rch, Parisila Bhawan, II, Indraprastha Estate, New Delhi exempted under Section 10 (23C)(iv) for the Assessment Years 2005-2006 to 2007-08 Notification no. 146/2006, dated 29-6-2006 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 beha....

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....the form of jewellery, furniture, etc.) for any period during 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; (iii) 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 obje....