TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Indian People's Natural Calamities Trust notified under Section 10(23C)(iv) for tax exemptions, with strict income and investment rules.</h1> The Central Government has notified the Indian People's Natural Calamities Trust, New Delhi, under section 10(23C)(iv) of the Income-tax Act, 1961, for the assessment years 1990-91 to 1992-93. The notification specifies that the Trust must apply its income exclusively to its established objectives and restricts investments to specified forms, excluding voluntary contributions in the form of jewelry or furniture. Additionally, the notification excludes income from business profits unless the business is incidental to the Trust's objectives, requiring separate accounting for such business activities.
TaxTMI 
TaxTMI 
