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Any income received by any person on behalf of National Horticulture Board, Gurgaon, Haryana exempted under Section 10 (23C)(iv) for the Assessment Years 2005-06 to 2007-08 - 252/2006 - Income Tax Act, 1961
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Income exemption under Section 10(23C)(iv) for receipts on behalf of National Horticulture Board subject to specified compliance conditions. Any income received by any person on behalf of the National Horticulture Board, Gurgaon, Haryana is excluded from the recipient's total income for assessment years 2005-2006 to 2007-2008 under Section 10(23C)(iv), subject to conditions requiring exclusive application or prescribed accumulation of income, permitted modes of investment, business-incidental limits with separate books, regular filing of returns, and transfer of surplus and assets on dissolution to a similarly purposed 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) for receipts on behalf of National Horticulture Board subject to specified compliance conditions.
Any income received by any person on behalf of the National Horticulture Board, Gurgaon, Haryana is excluded from the recipient's total income for assessment years 2005-2006 to 2007-2008 under Section 10(23C)(iv), subject to conditions requiring exclusive application or prescribed accumulation of income, permitted modes of investment, business-incidental limits with separate books, regular filing of returns, and transfer of surplus and assets on dissolution to a similarly purposed organization.
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