Tax exemption under section 10(23C)(vi) granted to Mother India Educational Society, subject to specified compliance conditions. Notification under section 10(23C)(vi) notifies Mother India Educational Society as eligible for the clause for assessment years 1999-2000 to 2001-2002, conditional on exclusive application of income to its objects, investment and deposit compliance with section 11(5) (with limited exception for in kind voluntary contributions), cessation of non complying investments after 31 3 2001, exclusion of business income unless incidental and separately accounted, regular filing of income tax returns, and transfer of surplus assets on dissolution to a similar charitable organisation.
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)(vi) granted to Mother India Educational Society, subject to specified compliance conditions.
Notification under section 10(23C)(vi) notifies Mother India Educational Society as eligible for the clause for assessment years 1999-2000 to 2001-2002, conditional on exclusive application of income to its objects, investment and deposit compliance with section 11(5) (with limited exception for in kind voluntary contributions), cessation of non complying investments after 31 3 2001, exclusion of business income unless incidental and separately accounted, regular filing of income tax returns, and transfer of surplus assets on dissolution to a similar charitable organisation.
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