Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Central Government Notifies Dohnavur Fellowship Under Income-tax Act Section 10(23C)(v) for Assessment Years 1989-92</h1> The Central Government has notified the Dohnavur Fellowship, located in Dohnavur, Tirunelveli District, under section 10(23C)(v) of the Income-tax Act, 1961, for the assessment years 1989-90 to 1991-92. The notification stipulates that the Fellowship must apply or accumulate its income exclusively for its established objectives. It is prohibited from investing its funds, except voluntary contributions in specified forms, outside the modes outlined in section 11(5). Additionally, the notification excludes income from business profits unless the business is incidental to the Fellowship's objectives and maintains separate accounts.