Recognition under section 10(23C)(iv) imposes exclusive income application, restricted investments, and limits on business income. Notification recognizes Dahej Niwaran Avam Samaj Kalyan Parishad under section 10(23C)(iv) for specified assessment years, subject to conditions: the assessee must apply or accumulate its income wholly and exclusively to its objects; restrict investments and deposits (except certain voluntary contributions in kind) to permitted modes; and business income is excluded unless incidental to objects 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.
Recognition under section 10(23C)(iv) imposes exclusive income application, restricted investments, and limits on business income.
Notification recognizes Dahej Niwaran Avam Samaj Kalyan Parishad under section 10(23C)(iv) for specified assessment years, subject to conditions: the assessee must apply or accumulate its income wholly and exclusively to its objects; restrict investments and deposits (except certain voluntary contributions in kind) to permitted modes; and business income is excluded unless incidental to objects and maintained in separate books.
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