Tax exemption notification grants Sree Chitrapur Math approval for specified assessment years subject to application and investment conditions. Notification under sub-clause (v) of clause (23C) of section 10 notifies Sree Chitrapur Math, Bangalore for specified assessment years subject to conditions that income be applied wholly and exclusively to the objects of the trust, that investments be confined to forms permitted under section 11(5) (excluding certain voluntary contributions held as jewellery, furniture, etc.), and that income from business is excluded unless incidental to objectives with separate books maintained.
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 notification grants Sree Chitrapur Math approval for specified assessment years subject to application and investment conditions.
Notification under sub-clause (v) of clause (23C) of section 10 notifies Sree Chitrapur Math, Bangalore for specified assessment years subject to conditions that income be applied wholly and exclusively to the objects of the trust, that investments be confined to forms permitted under section 11(5) (excluding certain voluntary contributions held as jewellery, furniture, etc.), and that income from business is excluded unless incidental to objectives with separate books maintained.
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