Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Chennai organization's income exempt from tax deduction at source u/s 10(23C) for FY 2002-03 and 2003-04.</h1> The circular addresses the exemption from income tax deduction at source for payments made to a specific organization in Chennai, whose income is exempt under section 10(23C) of the Income-tax Act, 1961. The Board has determined that for the financial years 2002-03 and 2003-04, the organization can receive income from interest on securities, dividends, other interest, and income from specified mutual funds or the Unit Trust of India without tax deduction at source. This decision applies to the assessment years 2003-04 and 2004-05.