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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Sri Ganapati Sachchidananda Avadhoota Datta Peetha Trust gains tax exemption under section 10(23C)(v) for 1999-2002.</h1> The Central Government has notified Sri Ganapati Sachchidananda Avadhoota Datta Peetha Trust, Mysore, under section 10(23C)(v) of the Income-tax Act, 1961, for the assessment years 1999-2000 to 2001-2002. The trust must apply its income exclusively to its established objectives and is restricted from investing funds outside specified modes, except for voluntary contributions in forms like jewelry or furniture. The notification excludes income from business profits unless the business is incidental to the trust's objectives and separate accounts are maintained.
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