The Central Government notified the "Sterlite Foundation, Worlli, Mumbai" under clause (23C) (iv) of section 10 of the Income-tax Act. 1961

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..... Dated 22nd April, 2002 In exercise of the powers conferred by (he sub-clause (iv) of clause (23C) of section 10 of the Income-Tax Act, 1961(43 of 1961), the Central Government hereby notifies the "Sterlite Foundation, Worlli, Mumbai" for the purpose of the said sub-clause for tlie assessment years 1997-98 to 1999-2000 subject to the following conditions, namely:- (I) the assessee will .....

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..... tlie Income-tax authority In accordance with the provisions of the Income-tax Act. 1961. (v) that In the event of dissolution, it surplus and tlie assets will be given to a charitable organization with similar objectives. Sd/- (I.P.S. Bindra) Under Secretary to the Govt. of India F.No.197/12/2001-ITA-I - Notification Tax Management India - taxmanagementindia - taxmanagement - taxman .....

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