Exemption under section 10(23C)(v) granted to Institution at Dharamsthala subject to income application and investment conditions. Notification under sub-clause (v) of clause (23C) of section 10 notifies the Institution at Dharamsthala, Karnataka for specified assessment years subject to conditions: income must be applied or accumulated wholly and exclusively to the institution's objects; investments or deposits (other than certain voluntary contributions held as jewellery, furniture, etc.) must be limited to the forms/modes specified in sub section (5) of section 11; and business income is excluded unless incidental to the objects and accounted for 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.
Exemption under section 10(23C)(v) granted to Institution at Dharamsthala subject to income application and investment conditions.
Notification under sub-clause (v) of clause (23C) of section 10 notifies the Institution at Dharamsthala, Karnataka for specified assessment years subject to conditions: income must be applied or accumulated wholly and exclusively to the institution's objects; investments or deposits (other than certain voluntary contributions held as jewellery, furniture, etc.) must be limited to the forms/modes specified in sub section (5) of section 11; and business income is excluded unless incidental to the objects and accounted for in separate books.
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