Tax exemption recognition for charitable status of an institute, subject to income application, investment and accounting conditions. Notification grants charitable status to the Civil Services Officers' Institute, New Delhi under sub-clause (iv) of clause (23C) of section 10 for specified assessment years, conditioned on exclusive application or accumulation of income for its objects, compliance with investment and deposit restrictions in forms specified by section 11(5) (with limited exception for voluntary contributions), maintenance of separate books for incidental business income, regular filing of income-tax returns, and transfer of surplus assets on dissolution to a similar charitable organisation.
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 for charitable status of an institute, subject to income application, investment and accounting conditions.
Notification grants charitable status to the Civil Services Officers' Institute, New Delhi under sub-clause (iv) of clause (23C) of section 10 for specified assessment years, conditioned on exclusive application or accumulation of income for its objects, compliance with investment and deposit restrictions in forms specified by section 11(5) (with limited exception for voluntary contributions), maintenance of separate books for incidental business income, regular filing of income-tax returns, and transfer of surplus assets on dissolution to a similar charitable organisation.
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