The Central Government notifies the 'Sri Sri Thakur Ramchandra Dev Association (Regd.), New Delhi' for the purpose of clause (23C)(v) of section 10 of the Income-tax Act, 1961 - 047/2005 - Income Tax Act, 1961
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Tax exemption for charitable association recognised, subject to application of funds, permitted investments, separate business accounts and dissolution rules. Notification recognises the Sri Sri Thakur Ramchandra Dev Association (Regd.), New Delhi under clause (23C)(v) of section 10 of the Income-tax Act for assessment years 2002-03 to 2004-05, subject to conditions: apply or accumulate income wholly and exclusively to its objects; restrict investments to forms permitted by section 11(5) except certain tangible voluntary contributions; business income excluded unless incidental and separately accounted; regular filing of returns; and transfer of surplus on dissolution to a similar charitable organisation.
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.
Tax exemption for charitable association recognised, subject to application of funds, permitted investments, separate business accounts and dissolution rules.
Notification recognises the Sri Sri Thakur Ramchandra Dev Association (Regd.), New Delhi under clause (23C)(v) of section 10 of the Income-tax Act for assessment years 2002-03 to 2004-05, subject to conditions: apply or accumulate income wholly and exclusively to its objects; restrict investments to forms permitted by section 11(5) except certain tangible voluntary contributions; business income excluded unless incidental and separately accounted; regular filing of returns; and transfer of surplus on dissolution to a similar charitable organisation.
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