The Central Government notifies "The Society of the Franciscan Servants of Mary, Alagapuram, Salem, Tamil Nadu" under clause (23C)(v) of section 10 of the Income-tax Act, 1961

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..... e (23C)(v) of section 10 of the Income-tax Act, 1961 NOTIFICATION No.41 Dated 12th February. 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 Society of the Franciscan Servants of Mary, Alagapuram, Salem, Tamil Nadu" for the purpose of the said sub-clause .....

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..... are maintained in respect of such business. (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. (v) that in the event of dissolution, it surplus and the assets will be given to a charitable organization with similar objectives. Sd/- (I.P.S. Bindra) Under Secretary to the Govt. of India .....

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