The Central Government notifies the 'The Jesuit Madurai Province, Dindigul, Tamil Nadu' for the purpose of clause (23C) (iv) of section 10 of the Income-tax Act. 1961 - 162/2003 - Income Tax Act, 1961
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Tax exemption notification: Jesuit Madurai Province granted Section 10(23C)(iv) recognition subject to compliance conditions. Notification granting Section 10(23C)(iv) recognition to The Jesuit Madurai Province for assessment years 1997-98 to 1999-2000, conditioned on applying or accumulating income wholly and exclusively to its objects; restricting investments to forms permitted by section 11(5) except certain voluntary contributions; excluding business income unless incidental with separate books; regular filing of income tax returns; and on dissolution transferring surplus assets 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 notification: Jesuit Madurai Province granted Section 10(23C)(iv) recognition subject to compliance conditions.
Notification granting Section 10(23C)(iv) recognition to The Jesuit Madurai Province for assessment years 1997-98 to 1999-2000, conditioned on applying or accumulating income wholly and exclusively to its objects; restricting investments to forms permitted by section 11(5) except certain voluntary contributions; excluding business income unless incidental with separate books; regular filing of income tax returns; and on dissolution transferring surplus assets to a charitable organisation with similar objectives.
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