Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Permitted investment modes for charitable and religious trusts are restricted to approved instruments and regulated sector-specific holdings. Permitted forms and modes of investment or deposit for a charitable or religious trust or institution are prescribed for the purposes of section 11(5). The rule limits qualifying investments to specified units, deposits, equity shares, debt instruments, stock certificates, and infrastructure trust units, including certain regulated sector-specific investments. Some categories are subject to ownership, approval, and functional conditions, and the rule defines 'incubatee' and 'incubator' by reference to Government notification.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Permitted investment modes for charitable and religious trusts are restricted to approved instruments and regulated sector-specific holdings.
Permitted forms and modes of investment or deposit for a charitable or religious trust or institution are prescribed for the purposes of section 11(5). The rule limits qualifying investments to specified units, deposits, equity shares, debt instruments, stock certificates, and infrastructure trust units, including certain regulated sector-specific investments. Some categories are subject to ownership, approval, and functional conditions, and the rule defines "incubatee" and "incubator" by reference to Government notification.
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