Tax exemption under section 10(23C)(iv) conditioned on exclusive application of income and restricted permissible investments. Notification confers tax-exempt status under section 10(23C)(iv) for designated assessment years conditional on exclusive application or accumulation of income to the institute's objects, limitation of investments or deposits to legally permitted forms (excluding certain in-kind voluntary contributions), and non-application to business income unless incidental to the objects with separate books maintained for such business.
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.
Tax exemption under section 10(23C)(iv) conditioned on exclusive application of income and restricted permissible investments.
Notification confers tax-exempt status under section 10(23C)(iv) for designated assessment years conditional on exclusive application or accumulation of income to the institute's objects, limitation of investments or deposits to legally permitted forms (excluding certain in-kind voluntary contributions), and non-application to business income unless incidental to the objects with separate books maintained for such business.
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