Charitable exemption under section 10(23C)(iv) granted subject to exclusive application of income and specified investment limits. Charitable exemption under section 10(23C)(iv) notifies Swami Ramananda Tirtha Memorial Committee, Hyderabad as eligible for the sub-clause for assessment years 1990-91 to 1992-93, subject to conditions that income be applied wholly and exclusively to its objects, investments be limited to specified forms (excluding certain voluntary contributions maintained as assets), and business income is excluded unless incidental to its objectives with separate books maintained.
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Charitable exemption under section 10(23C)(iv) granted subject to exclusive application of income and specified investment limits.
Charitable exemption under section 10(23C)(iv) notifies Swami Ramananda Tirtha Memorial Committee, Hyderabad as eligible for the sub-clause for assessment years 1990-91 to 1992-93, subject to conditions that income be applied wholly and exclusively to its objects, investments be limited to specified forms (excluding certain voluntary contributions maintained as assets), and business income is excluded unless incidental to its objectives with separate books maintained.
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