Any income received by any person on behalf of Indo US Science & Technology Forum, New Delhi exempted under Section 10 (23C)(iv) for the Assessment Years 2001-2002 to 2003-2004 - 113/2006 - Income Tax Act, 1961
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Income exemption for donations received on behalf of a charitable institution subject to specified operational and compliance conditions. Income received by any person on behalf of Indo US Science & Technology Forum is exempt from inclusion in the recipient's total income for the assessment years 2001-2002 to 2003-2004, subject to conditions: application or limited accumulation of income for institutional objects, restricted modes of investment per section 11(5), exclusion of business income unless incidental with separate books, regular filing of returns, and transfer of surplus and assets on dissolution to a like-minded organization. The exemption covers only receipts made on behalf of the Institution.
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.
Income exemption for donations received on behalf of a charitable institution subject to specified operational and compliance conditions.
Income received by any person on behalf of Indo US Science & Technology Forum is exempt from inclusion in the recipient's total income for the assessment years 2001-2002 to 2003-2004, subject to conditions: application or limited accumulation of income for institutional objects, restricted modes of investment per section 11(5), exclusion of business income unless incidental with separate books, regular filing of returns, and transfer of surplus and assets on dissolution to a like-minded organization. The exemption covers only receipts made on behalf of the Institution.
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