The Central Government notifies the 'Shri Krishna Janmasthan Seva Sansthan, Katra Keshav Dev, Mathura' for the purpose of clause (23C) (v) of section 10 of the Income-tax Act. 1961 - 097/2003 - Income Tax Act, 1961
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Tax exemption for religious institution granted subject to application-of-income, investment and reporting conditions for specified assessment years. Notification designates Shri Krishna Janmasthan Seva Sansthan, Katra Keshav Dev, Mathura for exemption under clause (23C)(v) of section 10 for assessment years 2002-2003 to 2004-2005, subject to conditions: apply income wholly to charitable objects; restrict investments to modes permitted by section 11(5) (except voluntary contributions in kind); exclude business income unless incidental and separately accounted; regularly file income-tax returns; and on dissolution transfer surplus and assets to a like charitable organisation.
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 for religious institution granted subject to application-of-income, investment and reporting conditions for specified assessment years.
Notification designates Shri Krishna Janmasthan Seva Sansthan, Katra Keshav Dev, Mathura for exemption under clause (23C)(v) of section 10 for assessment years 2002-2003 to 2004-2005, subject to conditions: apply income wholly to charitable objects; restrict investments to modes permitted by section 11(5) (except voluntary contributions in kind); exclude business income unless incidental and separately accounted; regularly file income-tax returns; and on dissolution transfer surplus and assets to a like charitable organisation.
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