Tax exemption recognition under section 10(23C)(iv) grants conditional exempt status to a women's finance institution. Notification grants tax-exemption recognition to Rashtriya Mahila Kosh, New Delhi for specified assessment years subject to conditions: apply or accumulate income wholly and exclusively to its objects; restrict investments or deposits to forms permitted for charitable institutions except voluntary contributions held as jewellery or furniture; exclude business income unless incidental and accounted separately; and regularly file income-tax returns in accordance with the 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)(iv) grants conditional exempt status to a women's finance institution.
Notification grants tax-exemption recognition to Rashtriya Mahila Kosh, New Delhi for specified assessment years subject to conditions: apply or accumulate income wholly and exclusively to its objects; restrict investments or deposits to forms permitted for charitable institutions except voluntary contributions held as jewellery or furniture; exclude business income unless incidental and accounted separately; and regularly file income-tax returns in accordance with the Act.
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