Tax exemption recognition under section 10(23C)(v) granted to Sringeri Peetham, subject to specified compliance conditions. Notification under section 10(23C)(v) recognises Sri Sharda Peetham, Sringeri, for assessment years 1999-2000 to 2001-2002 on condition that the institute applies or accumulates income solely for its objects; confines investments to forms prescribed by the Act (excluding certain voluntary contributions kept as jewellery or furniture); excludes business income unless incidental with separate books; and files returns regularly 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 recognition under section 10(23C)(v) granted to Sringeri Peetham, subject to specified compliance conditions.
Notification under section 10(23C)(v) recognises Sri Sharda Peetham, Sringeri, for assessment years 1999-2000 to 2001-2002 on condition that the institute applies or accumulates income solely for its objects; confines investments to forms prescribed by the Act (excluding certain voluntary contributions kept as jewellery or furniture); excludes business income unless incidental with separate books; and files returns regularly under the Income tax Act.
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