Income tax exemption under section 10(23C)(iv) requires income applied wholly to institutional objects and investment limits. Notification under section 10(23C)(iv) notifies Jnana Prabodhini Samshodhan Sanstha, Pune for certain assessment years subject to conditions requiring application or accumulation of income wholly and exclusively to its objects, restricting investments to modes specified in section 11(5) except for voluntary contributions held as articles, and excluding business income unless incidental to objectives with separate books of account.
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.
Income tax exemption under section 10(23C)(iv) requires income applied wholly to institutional objects and investment limits.
Notification under section 10(23C)(iv) notifies Jnana Prabodhini Samshodhan Sanstha, Pune for certain assessment years subject to conditions requiring application or accumulation of income wholly and exclusively to its objects, restricting investments to modes specified in section 11(5) except for voluntary contributions held as articles, and excluding business income unless incidental to objectives with separate books of account.
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