Section 10(23C)(iv) of the Income-tax Act, 1961 - Exemptions charitable funds/institutions - Notified fund or charitable institution - S.O. 2692 - Income Tax Act, 1961
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Exemption under section 10(23C)(iv) granted subject to application, investment, business-incidental, dissolution and return-filing conditions. Notification designates Help Society, Rajsamand as a notified charitable institution under the exemption, subject to conditions requiring exclusive application or accumulation of income for charitable objects, permitted modes of investment for funds, separate accounting for any incidental business, regular filing of income-tax returns, and transfer of surplus and assets to a similar charitable organization on dissolution; the notification applies only to income received on behalf of the assessee and separate taxability of the assessee's income will be determined 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.
Exemption under section 10(23C)(iv) granted subject to application, investment, business-incidental, dissolution and return-filing conditions.
Notification designates Help Society, Rajsamand as a notified charitable institution under the exemption, subject to conditions requiring exclusive application or accumulation of income for charitable objects, permitted modes of investment for funds, separate accounting for any incidental business, regular filing of income-tax returns, and transfer of surplus and assets to a similar charitable organization on dissolution; the notification applies only to income received on behalf of the assessee and separate taxability of the assessee's income will be determined under the Income-tax Act.
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