Tax exemption under section 10(23C)(iv) conditioned on exclusive application of income, approved investments, filing, and dissolution safeguards. Notification grants tax exemption under section 10(23C)(iv) to Sant Shri Asharam Ashram for assessment years 2002-2003 to 2004-2005, conditioned on applying or accumulating income wholly and exclusively for its objects, restricting investments to forms permitted by section 11(5) (with limited in-kind voluntary contributions), excluding business income unless incidental and separately accounted, regular filing of income-tax returns, and transfer of surplus and assets on dissolution to a similarly purposed 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)(iv) conditioned on exclusive application of income, approved investments, filing, and dissolution safeguards.
Notification grants tax exemption under section 10(23C)(iv) to Sant Shri Asharam Ashram for assessment years 2002-2003 to 2004-2005, conditioned on applying or accumulating income wholly and exclusively for its objects, restricting investments to forms permitted by section 11(5) (with limited in-kind voluntary contributions), excluding business income unless incidental and separately accounted, regular filing of income-tax returns, and transfer of surplus and assets on dissolution to a similarly purposed charitable organization.
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