Tax exemption recognition under 10(23C)(iv) granted subject to exclusive application of income and compliance conditions. Notification confers charitable recognition on Maharishi Ved Vigyan Vishwa Vidya Peetham for specified assessment years, conditional on application or accumulation of income exclusively for its objects, investment restrictions to modes permitted for charitable trusts (with limited exception for specified voluntary contributions), regular filing of income-tax returns, maintenance of separate books for any incidental business, and transfer of surplus assets on dissolution to a charitable organization 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 recognition under 10(23C)(iv) granted subject to exclusive application of income and compliance conditions.
Notification confers charitable recognition on Maharishi Ved Vigyan Vishwa Vidya Peetham for specified assessment years, conditional on application or accumulation of income exclusively for its objects, investment restrictions to modes permitted for charitable trusts (with limited exception for specified voluntary contributions), regular filing of income-tax returns, maintenance of separate books for any incidental business, and transfer of surplus assets on dissolution to a charitable organization with similar objectives.
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