Tax exemption under section 10(23C)(via) granted to Belle Vue Clinic, subject to use, investment, business and dissolution conditions. Notification grants tax exemption under section 10(23C)(via) to Belle Vue Clinic, Calcutta for assessment years 1999-2000 to 2001-2002 subject to conditions: income must be applied or accumulated wholly and exclusively to stated objects; investments restricted to forms in section 11(5) except certain voluntary contributions; business income excluded unless incidental and maintained in separate books; regular filing of income-tax returns required; on dissolution surplus and assets must transfer to a charitable organisation with similar objectives.
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Tax exemption under section 10(23C)(via) granted to Belle Vue Clinic, subject to use, investment, business and dissolution conditions.
Notification grants tax exemption under section 10(23C)(via) to Belle Vue Clinic, Calcutta for assessment years 1999-2000 to 2001-2002 subject to conditions: income must be applied or accumulated wholly and exclusively to stated objects; investments restricted to forms in section 11(5) except certain voluntary contributions; business income excluded unless incidental and maintained in separate books; regular filing of income-tax returns required; on dissolution surplus and assets must transfer to a charitable organisation with similar objectives.
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