Notified the 'Sarva Seva Sangh, Sevagram, Wardha (Maharashtra)' for the purpose of Section 10(23C) for the assessment years 2002-2003 to 2004-2005 - 031/2004 - Income Tax Act, 1961
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Tax exemption under section 10(23C)(iv) grants conditional recognition to Sarva Seva Sangh for specified assessment years. Notification under section 10(23C)(iv) grants Sarva Seva Sangh conditional recognition for the assessment years 2002-2003 to 2004-2005, requiring that income be applied or accumulated solely for its objects; investments be limited to permitted modes for charitable funds (excluding certain retained voluntary contributions); business income be incidental and accounted separately; regular filing of income-tax returns; and that surplus and assets on dissolution be transferred 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) grants conditional recognition to Sarva Seva Sangh for specified assessment years.
Notification under section 10(23C)(iv) grants Sarva Seva Sangh conditional recognition for the assessment years 2002-2003 to 2004-2005, requiring that income be applied or accumulated solely for its objects; investments be limited to permitted modes for charitable funds (excluding certain retained voluntary contributions); business income be incidental and accounted separately; regular filing of income-tax returns; and that surplus and assets on dissolution be transferred to a charitable organisation with similar objectives.
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