Introducing the βIn Favour Ofβ filter in Case Laws.
- βοΈ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- π Narrow down results with higher precision
Try it now in Case Laws β


Just a moment...
Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Government Notifies Badminton Association Under Section 10(23) for Tax Exemption, Sets Conditions for Income Use and Investment</h1> The Central Government, under Section 10(23) of the Income-tax Act, 1961, notifies the 'Poona District & Metropolitan Badminton Association, Pune' for assessment years 1993-1994 to 1995-1996. The notification stipulates that the association must apply its income solely to its established objectives, invest funds only in specified modes, and maintain separate accounts for any incidental business activities. Additionally, the association is required to file regular income tax returns and, upon dissolution, transfer any surplus assets to a similar charitable organization.