The Central Government notified the "Friends of Moral Re-Armament (India), Mumbai" under clause (23C)(iv) of section 10 of the Income-tax Act, 1961

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..... NOTIFICATION No.162 Dated 28th June. 2002 In exercise of the powers conferred by the sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the "Friends of Moral Re-Armament (India), Mumbai" for the purpose of the said sub-clause for the assessment years 1996-97 to 1998-99 subject to the following conditions, namely:- .....

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..... ts 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, 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/ 122/3002-ITA-I - Notification Tax Management India - taxman .....

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