TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Income of Sundaram Charity Exempt from Tax for 2005-2008 Under Section 10(23C)(v) with Conditions</h1> The Central Government has issued a notification exempting any income received on behalf of Sundaram Charity, Chennai, from being included in the total income for assessment years 2005-2006 to 2007-2008, under Section 10(23C)(v) of the Income-tax Act, 1961. The exemption is subject to conditions: the charity must apply its income exclusively for its objectives, limit accumulation of income, invest funds according to specified modes, maintain separate accounts for business activities, file regular tax returns, and ensure surplus assets on dissolution are transferred to a similar organization. This exemption applies only to income received on behalf of the charity.
TaxTMI 
TaxTMI 
