Section 10(23C)(v) notifies the "Kudalsangam Development Board, Distt. Bagal Kot, Karnataka" for A.Y. 1999-2000 to 2001-2002

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..... 4 In exercise of powers conferred by the sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Kudalsangam Development Board, Distt. Bagal Kot, Karnataka" for the purpose of the said sub-clause for the assessment years 1999-2000 to 2001-2002 subject to the following conditions, namely:- (i) the assessee will apply it .....

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..... -tax authority in accordance with the provisions of the Income-tax Act, 1961; (v) that in the event of dissolution, its surplus and the assets will be given to a charitable organisation with similar objectives. File No.197/193/2003-ITA-I - Notification Tax Management India - taxmanagementindia - taxmanagement - taxmanageme .....

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