Tax exemption under section 10(23C)(v) notified for a trust; entitlement conditional on exclusive application, investment and filing compliance. Notification under section 10(23C)(v) notifies Shri Krishna Janmasthan Seva Sansthan, Mathura as eligible for exemption for specified assessment years, conditional on applying income wholly and exclusively to its objects, restricting investments to modes permitted by the Income-tax Act (excluding voluntary contributions held as jewellery, furniture, etc.), excluding incidental business profits that are separately accounted, and filing returns of income regularly.
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)(v) notified for a trust; entitlement conditional on exclusive application, investment and filing compliance.
Notification under section 10(23C)(v) notifies Shri Krishna Janmasthan Seva Sansthan, Mathura as eligible for exemption for specified assessment years, conditional on applying income wholly and exclusively to its objects, restricting investments to modes permitted by the Income-tax Act (excluding voluntary contributions held as jewellery, furniture, etc.), excluding incidental business profits that are separately accounted, and filing returns of income regularly.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
