Any income received by any person on behalf of Letshlphung Christian Hospital Association, Manipur exempted under Section 10 (23C)(iv) for the Assessment Years 2006-07 to 2008-09 - 268/2006 - Income Tax Act, 1961

📋

Contents

Note

Bookmark

For full text, please login

Verification Pending

The Email Id has not been verified. Click on the link we have sent on

Didn't receive the mail? Resend Mail

Don't have an account? Register Here

Income exemption under Section 10(23C)(iv) exempts receipts on behalf of a hospital subject to compliance conditions. Income exemption is granted for any income received by any person on behalf of Letshlphung Christian Hospital Association, Manipur for the specified assessment years, conditional on application of income to institutional objects or limited accumulation, investment only in permitted modes, business being incidental with separate accounts, regular filing of returns, and transfer of surplus and assets on dissolution to an organization with similar objectives. The notification applies solely to recipients of such income and does not determine the Institution's separate tax liability.

Page of

Press 'Enter' after typing page number.

to of Results

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) exempts receipts on behalf of a hospital subject to compliance conditions.

Income exemption is granted for any income received by any person on behalf of Letshlphung Christian Hospital Association, Manipur for the specified assessment years, conditional on application of income to institutional objects or limited accumulation, investment only in permitted modes, business being incidental with separate accounts, regular filing of returns, and transfer of surplus and assets on dissolution to an organization with similar objectives. The notification applies solely to recipients of such income and does not determine the Institution's separate tax liability.

Full Summary is available for active users!

Note: It is a system-generated summary and is for quick reference only.

Contact Us At :

FAQs :

Most Asked Video Tutorials :

Submit Feedback/Suggestion :

Notifications

Notifications

Any income received by any person on behalf of Letshlphung Christian Hospital Association, Manipur exempted under Section 10 (23C)(iv) for the Assessment Years 2006-07 to 2008-09 - 268/2006 - Income Tax Act, 1961

Income exemption under Section 10(23C)(iv) exempts receipts on behalf of a hospital subject to compliance conditions.

Topics

Contact Us At :

FAQs :

Most Asked Video Tutorials :

Submit Feedback/Suggestion :

Notifications

Notifications

Any income received by any person on behalf of Letshlphung Christian Hospital Association, Manipur exempted under Section 10 (23C)(iv) for the Assessment Years 2006-07 to 2008-09 - 268/2006 - Income Tax Act, 1961

Print Options

Username/Email Address

Password

The Email Id has not been verified. Click on the link we have sent on

Income exemption under Section 10(23C)(iv) exempts receipts on behalf of a hospital subject to compliance conditions.

Topics