Any income received by any person on behalf of Export Promotion Council for Handicraft, New Delhi exempted under Section 10 (23C)(iv) for the Assessment Years 2005-2006 to 2007-08

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..... (23C)(iv) for the Assessment Years 2005-2006 to 2007-08 NOTIFICATION NO. 250/2006, DATED 12-9-2006 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 behalf of "Export Promotion Council for Handicraft, New Delhi" (hereinafter t .....

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..... bove 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 objectives of the Institution and separate books of account are maintained in respect of such business; (iv) the Institution w .....

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