Specified income exemption for grants in aid to Karnataka State AIDS Prevention Society subject to operational and filing conditions. Notification designates grants in aid from the Government of India and the State Government to the Karnataka State AIDS Prevention Society as specified income for exemption, subject to conditions: no commercial activity, unchanged activities and income character during the financial year, and filing of return of income as required; grants to be received and applied under prevailing rules.
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.
Specified income exemption for grants in aid to Karnataka State AIDS Prevention Society subject to operational and filing conditions.
Notification designates grants in aid from the Government of India and the State Government to the Karnataka State AIDS Prevention Society as specified income for exemption, subject to conditions: no commercial activity, unchanged activities and income character during the financial year, and filing of return of income as required; grants to be received and applied under prevailing rules.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.