Section 10(23C)(iv) of the Income-tax Act, 1961 notifies Federation of Indian Export Organisation, New Delhi for the A.Y. 2004-05 to 2006-07 - 174/2005 - Income Tax Act, 1961
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Tax exemption under section 10(23C)(iv) for Federation of Indian Export Organisation subject to compliance with specified conditions. Notification under Section 10(23C)(iv) grants tax-exempt status to the Federation of Indian Export Organisation for assessment years 2004-05 to 2006-07, conditional on applying or accumulating income solely for its objects; restricting investments to forms permitted by Section 11(5) (excluding certain voluntary in-kind contributions); excluding business income unless incidental and separately accounted; regular filing of income-tax returns; and on dissolution, transferring surplus and assets to a charitable organisation with similar objectives.
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 under section 10(23C)(iv) for Federation of Indian Export Organisation subject to compliance with specified conditions.
Notification under Section 10(23C)(iv) grants tax-exempt status to the Federation of Indian Export Organisation for assessment years 2004-05 to 2006-07, conditional on applying or accumulating income solely for its objects; restricting investments to forms permitted by Section 11(5) (excluding certain voluntary in-kind contributions); excluding business income unless incidental and separately accounted; regular filing of income-tax returns; and on dissolution, transferring surplus and assets to a charitable organisation with similar objectives.
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