Charitable recognition with conditions on exclusive application of income, restricted investments, and business income treated as incidental. Notification grants charitable recognition to Bharat Sevashram Sangha, Calcutta for assessment years 1999 2000 to 2001 2002 subject to conditions: income must be applied or accumulated wholly and exclusively for its objects; investments and deposits are restricted to permitted modes except for voluntary contributions held as jewellery, furniture, etc.; and profits and gains of business are excluded unless 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 recognition with conditions on exclusive application of income, restricted investments, and business income treated as incidental.
Notification grants charitable recognition to Bharat Sevashram Sangha, Calcutta for assessment years 1999 2000 to 2001 2002 subject to conditions: income must be applied or accumulated wholly and exclusively for its objects; investments and deposits are restricted to permitted modes except for voluntary contributions held as jewellery, furniture, etc.; and profits and gains of business are excluded unless incidental and maintained in separate books.
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