Notified under section 10(23) of the Income Tax Act, 1961 - "Durand Football Tournament Society, New Delhi"

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..... of powers conferred by the clause (23) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Durand Football Tournament Society, New Delhi" for the purpose of the said sub-clause for the assessment years 2000-2001 to 2002-2003 subject to the following conditions, namely:- (i) the assessee will apply its income, or accumulate for application, w .....

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..... rovisions 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. Sd/- (I.P.S. Bindra) Under Secretary to the Govt. of India F.No.196/3/2004-ITA - Notification Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMIT .....

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