Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
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>Indo US Science & Technology Forum's Income Exempted from Tax for 2004-2007 under Section 10(23C)(iv) Conditions Apply</h1> The Central Government has issued a notification exempting any income received on behalf of the Indo US Science & Technology Forum, New Delhi, from being included in the total income for assessment years 2004-2005 to 2006-2007 under Section 10(23C)(iv) of the Income-tax Act, 1961. This exemption is conditional upon the Forum applying its income exclusively to its established objectives, not investing funds improperly, maintaining separate accounts for any incidental business, filing regular tax returns, and ensuring surplus assets go to a similar organization upon dissolution. The exemption applies only to income received on behalf of the Forum, not to other income of the recipients.
TaxTMI 
TaxTMI 
