Charitable exemption under section 10(23C)(iv) granted to Bochasanwasi Shri Akshar Purushottam Sanstha, subject to application and investment conditions. Notification grants tax-exempt status to Bochasanwasi Shri Akshar Purushottam Sanstha for specified assessment years provided the assessee applies or accumulates income solely for its objects, confines investments to prescribed forms (excluding certain voluntary contributions held as jewellery or furniture), and excludes business profits from the exemption unless the business is incidental and maintained in separate books.
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.
Charitable exemption under section 10(23C)(iv) granted to Bochasanwasi Shri Akshar Purushottam Sanstha, subject to application and investment conditions.
Notification grants tax-exempt status to Bochasanwasi Shri Akshar Purushottam Sanstha for specified assessment years provided the assessee applies or accumulates income solely for its objects, confines investments to prescribed forms (excluding certain voluntary contributions held as jewellery or furniture), and excludes business profits from the exemption unless the business is incidental and maintained in separate books.
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