Tax exemption under section 10(23C)(iv): SOS Children's Village notified; income use and investment restrictions apply. Notification grants SOS Children's Village of India tax-exempt status for specified assessment years provided income is applied wholly and exclusively to its objects, investments are limited to modes permitted for charitable trusts (with voluntary contributions permitted as jewellery or furniture), and business income is excluded unless incidental and maintained in 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.
Tax exemption under section 10(23C)(iv): SOS Children's Village notified; income use and investment restrictions apply.
Notification grants SOS Children's Village of India tax-exempt status for specified assessment years provided income is applied wholly and exclusively to its objects, investments are limited to modes permitted for charitable trusts (with voluntary contributions permitted as jewellery or furniture), and business income is excluded unless incidental and maintained in separate books of account.
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