Section 10(23C)(iv) exemption granted to Institute of Company Secretaries, subject to application, investment and dissolution conditions. Notification under Section 10(23C)(iv) designates the Institute of Company Secretaries of India, New Delhi for exemption for assessment years 2001-02 to 2003-04, conditional on applying income wholly and exclusively to its objects, restricting investments to modes permitted by section 11(5) (except specified tangible voluntary contributions), filing income-tax returns regularly, treating business income as excluded unless incidental with separate books, and transferring surplus and assets on dissolution to a charitable organisation with similar objects.
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.
Section 10(23C)(iv) exemption granted to Institute of Company Secretaries, subject to application, investment and dissolution conditions.
Notification under Section 10(23C)(iv) designates the Institute of Company Secretaries of India, New Delhi for exemption for assessment years 2001-02 to 2003-04, conditional on applying income wholly and exclusively to its objects, restricting investments to modes permitted by section 11(5) (except specified tangible voluntary contributions), filing income-tax returns regularly, treating business income as excluded unless incidental with separate books, and transferring surplus and assets on dissolution to a charitable organisation with similar objects.
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