The Central Government notifies the "the Aero Club of India, New Delhi " for the purpose of clause (23) of section 10 of the Income-tax Act. 1961

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..... cation No. S.O. 1199, dated 30th January, 2002 . In exercise of the powers conferred by clause (23) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Aero Club of India, New Delhi for the purpose of the said clause for the assessment years 2002-03 to 2004-05, subject to the following conditions, namely:-- (i) the assessee will apply its inc .....

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..... nts to any association or institution affiliated to it; and (iv) this notification will not apply in relation to any income, being profits and gains of business, unless the business is incidental to the attainments of the objectives of the assessee and separate books of account are maintained in respect of such business. Notification No. 10/2002/F.No. 196/2/2002-ITA-I] .....

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