Tax exemption under section 10(23C)(iv) granted to an institution subject to application of income and compliance. Notification grants Sant Shri Asharam Ashram tax exempt status under section 10(23C)(iv) for assessment years 1999-2000 to 2001-2002, conditional on applying or accumulating income exclusively to its objects, restricting investments to modes permitted for charitable trusts (except voluntary contributions retained as jewellery or furniture), treating business income as taxable unless incidental with separate books, and regularly filing returns under the Income tax Act.
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 under section 10(23C)(iv) granted to an institution subject to application of income and compliance.
Notification grants Sant Shri Asharam Ashram tax exempt status under section 10(23C)(iv) for assessment years 1999-2000 to 2001-2002, conditional on applying or accumulating income exclusively to its objects, restricting investments to modes permitted for charitable trusts (except voluntary contributions retained as jewellery or furniture), treating business income as taxable unless incidental with separate books, and regularly filing returns under the Income tax Act.
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