Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Any income received by any person on behalf of Arya Vaidya Sala, Kattakkal exempted under Section 10 (23C)(iv) for the Assessment Years 2004-2005 to 2006-2007 - 136/2006 - Income Tax Act, 1961
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Income exemption under Section 10(23C)(iv) excludes amounts received for Arya Vaidya Sala from assessable income, subject to conditions. Any income received by any person on behalf of Arya Vaidya Sala, Kattakkal shall not be included in that person's total income for the assessment years 2004-2005 to 2006-2007 under Section 10 (23C)(iv), subject to conditions: application or limited accumulation of income for institutional objects, permitted modes of investment, exclusion of business income unless incidental with separate books, regular filing of returns, and transfer of surplus on dissolution to a like organization.
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 under Section 10(23C)(iv) excludes amounts received for Arya Vaidya Sala from assessable income, subject to conditions.
Any income received by any person on behalf of Arya Vaidya Sala, Kattakkal shall not be included in that person's total income for the assessment years 2004-2005 to 2006-2007 under Section 10 (23C)(iv), subject to conditions: application or limited accumulation of income for institutional objects, permitted modes of investment, exclusion of business income unless incidental with separate books, regular filing of returns, and transfer of surplus on dissolution to a like organization.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.