Tax exemption notification under section 10(23C)(via) conditions charitable use, permitted investments, and dissolution transfer obligations. Notification grants tax-exempt status to Dr. Vidya Sagar Kaushalya Devi Memorial Health Centre for specified assessment years subject to conditions: income must be applied or accumulated exclusively for its objects; investments/deposits limited to permitted modes except certain voluntary contributions; business income excluded unless incidental with separate books; regular filing of income-tax returns; and on dissolution surplus and assets to be transferred to a similarly purposed charitable organization.
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 under section 10(23C)(via) conditions charitable use, permitted investments, and dissolution transfer obligations.
Notification grants tax-exempt status to Dr. Vidya Sagar Kaushalya Devi Memorial Health Centre for specified assessment years subject to conditions: income must be applied or accumulated exclusively for its objects; investments/deposits limited to permitted modes except certain voluntary contributions; business income excluded unless incidental with separate books; regular filing of income-tax returns; and on dissolution surplus and assets to be transferred to a similarly purposed charitable organization.
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