The Central Government notifies the "People's Action for Development (Maharashtra), Mumbai" for the purpose of clause (23C)(iv) of section 10 of the Income-tax Act, 1961

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..... tion 10 of the Income-tax Act, 1961 Notification No. 107 of 2003, dt. 6th May, 2003 In exercise of powers conferred by the sub-clause ( iv ) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "People's Action for Development (Maharashtra), Mumbai" for the purpose of the said sub-clause for the assessment year 1996-1997 subjec .....

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..... ; ( iv ) the assessee will regularly file its return of income before the Income-tax authority in accordance with the provisions of the Income-tax Act, 1961; and ( v ) that in the event of dissolution, its surplus and the assets will be given to a charitable organisation with similar objectives, [F.No. 197-37-2003-ITA-I] - Notification Tax Management India - taxmanagementindia - taxm .....

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