Tax exemption under section 10(23C): notification grants Maratha Mandir relief subject to prescribed compliance conditions. Notification under section 10(23C) notifies Maratha Mandir, Mumbai as eligible for the exemption for assessment years 1999-2000 to 2001-2002, conditional on applying income wholly to its objects, restricting investments to modes in section 11(5) (except specified voluntary contributions), excluding business income unless incidental and separately accounted, regular filing of returns, and on dissolution transferring surplus and assets to a like charitable organization.
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): notification grants Maratha Mandir relief subject to prescribed compliance conditions.
Notification under section 10(23C) notifies Maratha Mandir, Mumbai as eligible for the exemption for assessment years 1999-2000 to 2001-2002, conditional on applying income wholly to its objects, restricting investments to modes in section 11(5) (except specified voluntary contributions), excluding business income unless incidental and separately accounted, regular filing of returns, and on dissolution transferring surplus and assets to a like charitable organization.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
