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<h1>Exemption under section 10(23C) requires comprehensive institutional, financial and compliance disclosures for grant or continuance.</h1> The form prescribes procedures for grant or continuance of exemption under section 10(23C)(vi) and (via), requiring institutional identification, legal status, objects, governance details, geographic scope, constitutive documents, three years' audited accounts with notes on appropriation of income, full financial disclosures (income, utilisation, accumulations), investment particulars and income therefrom, disclosures of transactions with interested persons, business activities and whether incidental to objects, tax/penalty status, certification by an authorised signatory, and submission to the prescribed authority with specified annexures and potential requests for additional information.
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