Charitable exemption under section 10(23C)(v) notified for Shri Gajanan Maharaj Sansthan, subject to conditions for specified assessment years. Notification recognises Shri Gajanan Maharaj Sansthan, Shegaon, as eligible for charitable exemption for specified assessment years provided it applies income wholly to its objects, confines investments to modes permitted for charitable trusts (excluding excepted in-kind voluntary contributions), excludes business income unless incidental and separately accounted, files income-tax returns regularly, and, on dissolution, transfers surplus assets to a charitable organisation with similar objectives.
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Charitable exemption under section 10(23C)(v) notified for Shri Gajanan Maharaj Sansthan, subject to conditions for specified assessment years.
Notification recognises Shri Gajanan Maharaj Sansthan, Shegaon, as eligible for charitable exemption for specified assessment years provided it applies income wholly to its objects, confines investments to modes permitted for charitable trusts (excluding excepted in-kind voluntary contributions), excludes business income unless incidental and separately accounted, files income-tax returns regularly, and, on dissolution, transfers surplus assets to a charitable organisation with similar objectives.
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