Notifies the Mother India Educational Society, Mumbai u/s 10(23C)(vi)

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..... (43 of 1961), the Central Government hereby notifies the "Mother India Educational Society, 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 .....

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..... its surplus and the assets will be given to a charitable organisation with similar objectives; ( vi ) that all deposits and investments which are not in accordance with the provisions of s. 11(5) of the Income-tax Act, 1961, will not be continued to be so deposited or invested after 31st March, 2001. [F. No. 197/112/2000-ITA-I] - Notification Tax Management India - taxmanagementindia - tax .....

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