Tax exemption under section 10(23C)(via): Belle Vue Clinic notified subject to application, investment, business and dissolution conditions. Notification grants tax exemption under section 10(23C)(via) to Belle Vue Clinic, Calcutta, subject to conditions: apply or accumulate income wholly and exclusively to its objects; limit investments to forms permitted by the Income-tax Act (with narrow exception for certain voluntary tangible contributions); exclude business profits unless incidental and separately accounted; file returns regularly; and on dissolution transfer surplus and assets to a charitable organisation with similar objectives.
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Tax exemption under section 10(23C)(via): Belle Vue Clinic notified subject to application, investment, business and dissolution conditions.
Notification grants tax exemption under section 10(23C)(via) to Belle Vue Clinic, Calcutta, subject to conditions: apply or accumulate income wholly and exclusively to its objects; limit investments to forms permitted by the Income-tax Act (with narrow exception for certain voluntary tangible contributions); exclude business profits unless incidental and separately accounted; file returns regularly; and on dissolution transfer surplus and assets to a charitable organisation with similar objectives.
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