The Central Government notifies the 'Shri Ram Chandra Mission, New Delhi' for the purpose of clause (23C)(iv) of section 10 of the Income-tax Act, 1961 - 339/2002 - Income Tax Act, 1961
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Tax exemption recognition: Shri Ram Chandra Mission conditionally recognised for specified assessment years, subject to compliance and reporting requirements. Central Government notifies Shri Ram Chandra Mission under clause (23C)(iv) of section 10 of the Income-tax Act for assessment years 2002-2003 to 2004-2005 subject to conditions: apply or accumulate income wholly and exclusively to its objects; restrict investments to forms specified in section 11(5) (excluding certain voluntary contributions in kind); exclude business profits unless business is incidental and separately accounted; file regular income-tax returns; and on dissolution transfer surplus and assets to a similar 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 recognition: Shri Ram Chandra Mission conditionally recognised for specified assessment years, subject to compliance and reporting requirements.
Central Government notifies Shri Ram Chandra Mission under clause (23C)(iv) of section 10 of the Income-tax Act for assessment years 2002-2003 to 2004-2005 subject to conditions: apply or accumulate income wholly and exclusively to its objects; restrict investments to forms specified in section 11(5) (excluding certain voluntary contributions in kind); exclude business profits unless business is incidental and separately accounted; file regular income-tax returns; and on dissolution transfer surplus and assets to a similar charitable organisation.
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