Tax exemption under clause (23) granted to Judo Federation subject to income application, investment and business accounting conditions. Notification grants tax exemption to the Judo Federation of India for specified assessment years subject to conditions: income must be applied or accumulated exclusively for its objects in accordance with section 11 as modified; investments limited to permitted forms under section 11(5) except certain maintained voluntary contributions; no distribution of income to members except grants to affiliated institutions; business income excluded unless incidental to objectives with separate books maintained.
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 clause (23) granted to Judo Federation subject to income application, investment and business accounting conditions.
Notification grants tax exemption to the Judo Federation of India for specified assessment years subject to conditions: income must be applied or accumulated exclusively for its objects in accordance with section 11 as modified; investments limited to permitted forms under section 11(5) except certain maintained voluntary contributions; no distribution of income to members except grants to affiliated institutions; business income excluded unless incidental to objectives with separate books maintained.
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