Tax exemption under section 10(23C)(iv): institute notified subject to income application, investment limits and business segregation. Notification grants tax exemption under sub clause (iv) of clause (23C) of section 10 to Civil Services Officers' Institute, New Delhi for specified assessment years, subject to conditions: exclusive application or accumulation of income for stated objects; investment and deposit restrictions limited to forms in section 11(5) (except certain voluntary contributions retained in kind); and exclusion of business income unless incidental to objectives with separate books maintained.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption under section 10(23C)(iv): institute notified subject to income application, investment limits and business segregation.
Notification grants tax exemption under sub clause (iv) of clause (23C) of section 10 to Civil Services Officers' Institute, New Delhi for specified assessment years, subject to conditions: exclusive application or accumulation of income for stated objects; investment and deposit restrictions limited to forms in section 11(5) (except certain voluntary contributions retained in kind); and exclusion of business income unless incidental to objectives with separate books maintained.
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