The Central Government notifies the 'EAN-INDIA, New Delhi' for the purpose of clause (23C) (iv) of section 10 of the Income-tax Act. 1961 - 270/2003 - Income Tax Act, 1961
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Tax exemption notification: EAN INDIA granted conditional exemption subject to application, investment, business and reporting rules. Notification designates EAN-INDIA, New Delhi under clause (23C)(iv) of section 10 for assessment years 2002-2003 to 2004-2005, subject to conditions that income be applied or accumulated wholly and exclusively to its objects; investments and deposits be limited to forms permitted by sub section (5) of Section 11 (except specified voluntary contributions); business income be excluded unless incidental with separate books; returns be regularly filed under the Act; and on dissolution surplus and assets pass 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: EAN INDIA granted conditional exemption subject to application, investment, business and reporting rules.
Notification designates EAN-INDIA, New Delhi under clause (23C)(iv) of section 10 for assessment years 2002-2003 to 2004-2005, subject to conditions that income be applied or accumulated wholly and exclusively to its objects; investments and deposits be limited to forms permitted by sub section (5) of Section 11 (except specified voluntary contributions); business income be excluded unless incidental with separate books; returns be regularly filed under the Act; and on dissolution surplus and assets pass to a charitable organisation with similar objectives.
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