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>Income of Guruvayur Devaswom Exempted for 2005-08 Under Section 10(23C)(iv) with Specific Conditions</h1> The Central Government has issued a notification exempting any income received on behalf of Guruvayur Devaswom for the assessment years 2005-06 to 2007-08 under Section 10(23C)(iv) of the Income-tax Act, 1961. This exemption is subject to conditions: the income must be applied or accumulated for the institution's objectives, with accumulation limits; investments must comply with specified forms; business income must be incidental and separately accounted; regular tax returns must be filed; and upon dissolution, assets must transfer to a similar organization. The exemption applies solely to income received on behalf of the institution, not other recipient income.
TaxTMI 
TaxTMI 
