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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Central Government Grants Tax Exemption to Shri Jain Swetamber Nakoda Parsavanath Tirth for 2002-2005 Under Section 10(23C)(v).</h1> The Central Government has notified 'Shri Jain Swetamber Nakoda Parsavanath Tirth, Mewanagar, District Barmer, Rajasthan' under Section 10(23C)(v) of the Income-tax Act, 1961 for the assessment years 2002-2003 to 2004-2005. This notification is subject to conditions including the application of income solely for its established objectives, restrictions on fund investments, and the requirement to maintain separate accounts for any incidental business activities. The organization must file regular income tax returns, and upon dissolution, any surplus and assets must be transferred to an organization with similar objectives.
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