The Central Government notifies the "The Fathers of Holy Cross, Bangalore" for the purpose of clause (23C)(v) of section 10 of the Income-tax Act, 1961

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..... 1961 Notification No. 327 of 2002 Dated 25th Oct., 2002 In exercise of the 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 "The Fathers of Holy Cross, Bangalore" for the purpose of the said sub-clause for the assessment years 1994-95 to 1996-97 subject to the following conditions, .....

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..... ly 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 organization with similar objectives. [F.No.197/24/96-ITA-I] - Notification Tax Management India - taxmanagementindia - .....

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