Tax notification under section 10(23C)(iv) limits application of income, restricts investments, and confines incidental business income. Notification under section 10(23C)(iv) notifies Jnana Prabodhini, Pune for assessment years 1991-92 to 1993-94 subject to conditions: apply or accumulate income wholly and exclusively to its objects; do not invest or deposit funds except in permitted forms (voluntary contributions in kind excepted); and exclude business profits unless incidental and maintained in separate books.
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 notification under section 10(23C)(iv) limits application of income, restricts investments, and confines incidental business income.
Notification under section 10(23C)(iv) notifies Jnana Prabodhini, Pune for assessment years 1991-92 to 1993-94 subject to conditions: apply or accumulate income wholly and exclusively to its objects; do not invest or deposit funds except in permitted forms (voluntary contributions in kind excepted); and exclude business profits unless incidental and maintained in separate books.
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