Tax-exempt approval for charitable institution subject to conditions on income application, permitted investments, business neutrality, returns, dissolution, and anonymous donations. Approval under section 10(23C)(vi) is granted to Marudhar Mahila Sikahan Sangh for specified assessment years subject to conditions: exclusive application or accumulation of income for stated objects; investment only in forms permitted under section 11(5) except certain in-kind voluntary contributions; business income excluded unless incidental and separately accounted; regular filing of returns; transfer of surplus on dissolution to a like charitable organization; and exclusion of anonymous donations under the applicable proviso and section 115BBC.
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-exempt approval for charitable institution subject to conditions on income application, permitted investments, business neutrality, returns, dissolution, and anonymous donations.
Approval under section 10(23C)(vi) is granted to Marudhar Mahila Sikahan Sangh for specified assessment years subject to conditions: exclusive application or accumulation of income for stated objects; investment only in forms permitted under section 11(5) except certain in-kind voluntary contributions; business income excluded unless incidental and separately accounted; regular filing of returns; transfer of surplus on dissolution to a like charitable organization; and exclusion of anonymous donations under the applicable proviso and section 115BBC.
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