Notifies the St. Xavier's Education Trust, Mumbai u/s 10(23C)(vi)

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..... 1), the Central Government hereby notifies the "St. Xavier's Education Trust, Mumbai." for the purpose of the said sub-clause for the assessment years 1999-2000 to 2001-2002 subject to the following conditions, namely: ( i ) the assessee will apply its income, or accumulate for application, wholly and exclusively to the objects for which it is established; ( ii ) the assessee will not invest .....

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..... the assets will be given to a charitable organisation with similar objectives; ( vi ) that the trust will ensure that investments are as per the modes specified in sub-section 5 of section 11 of the Income-tax Act, 1961, before 31st March, 2001. [F. No. 197/111/2000-ITA-I] - Notification Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - .....

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