Tax exemption under section 10(23C)(iv) grants conditional recognition to an export promotion body for specified assessment years. Notification under section 10(23C)(iv) recognizes Export Promotion Council for Handicrafts for assessment years 1996-97 to 1998-99, subject to conditions: income must be applied or exclusively accumulated for the entity's objects; investments are limited to permitted forms under section 11(5) except certain voluntary contributions; and business income is excluded unless incidental to objectives 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.
Tax exemption under section 10(23C)(iv) grants conditional recognition to an export promotion body for specified assessment years.
Notification under section 10(23C)(iv) recognizes Export Promotion Council for Handicrafts for assessment years 1996-97 to 1998-99, subject to conditions: income must be applied or exclusively accumulated for the entity's objects; investments are limited to permitted forms under section 11(5) except certain voluntary contributions; and business income is excluded unless incidental to objectives and maintained in separate books.
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