Tax exemption under section 10(23C)(iv) granted to a charitable ashram subject to specified operational and dissolution conditions. Notification grants tax-exempt charitable status to Sree Ramkrishna Satyananda Ashram under the specified income-tax provision for assessment years 1989-90 to 2000-2001, conditional on applying income wholly to its objects, restricting investments to forms permitted for charitable funds (excluding certain voluntary contributions retained as jewellery or furniture), excluding business income unless incidental and separately accounted, regular filing of income-tax returns, and transfer of surplus and assets on dissolution to a similar charitable organisation.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption under section 10(23C)(iv) granted to a charitable ashram subject to specified operational and dissolution conditions.
Notification grants tax-exempt charitable status to Sree Ramkrishna Satyananda Ashram under the specified income-tax provision for assessment years 1989-90 to 2000-2001, conditional on applying income wholly to its objects, restricting investments to forms permitted for charitable funds (excluding certain voluntary contributions retained as jewellery or furniture), excluding business income unless incidental and separately accounted, regular filing of income-tax returns, and transfer of surplus and assets on dissolution to a similar charitable organisation.
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