The Central Government notified the "Sundaram Charities, Chennai" under clause (23C)(v) of section 10 of the Income-tax Act, 1961

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..... ay, 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 "Sundaram Charities, Chennai" for the purpose of the said sub-clause for the assessment years 2002-2003 to 2004-2005 subject to the following conditions, namely: - (i) the assessee will apply its income, or accumul .....

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..... ccordance with the provisions of the Income-tax Act, 1961. (v) that in the event of dissolution, its 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 F. No. 197/60/2002-ITA-I - Notification Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxT .....

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