Charitable recognition under income tax granted subject to exclusive application of income and investment and accounting conditions. Notification accords recognition under section 10(23C)(iv) to the Tagore Society for Rural Development, Calcutta for assessment years 1997-98 to 1999-2000, subject to conditions requiring application or accumulation of income wholly and exclusively to its objects, restrictions on investment or deposit forms except for specified voluntary contributions held as jewellery or furniture, and exclusion of business profits unless the business is incidental with separate books maintained for such activities.
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 under income tax granted subject to exclusive application of income and investment and accounting conditions.
Notification accords recognition under section 10(23C)(iv) to the Tagore Society for Rural Development, Calcutta for assessment years 1997-98 to 1999-2000, subject to conditions requiring application or accumulation of income wholly and exclusively to its objects, restrictions on investment or deposit forms except for specified voluntary contributions held as jewellery or furniture, and exclusion of business profits unless the business is incidental with separate books maintained for such activities.
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