Exemption application under section 10(23C) requires detailed institutional disclosures, attachments, and declarations of activities and investments.
The prescribed exemption application requires detailed institutional disclosures and supporting attachments: legal status, objects, trustees, branches, audited accounts, receipts including voluntary contributions, investment modes and income, business activities and their incidental nature, foreign contribution registration, outstanding tax demands or penalties, prior orders on approvals or registrations, and self-certified foundational and financial documents, together with a verifying declaration by an authorised signatory.
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