Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
The Central Government notifies the 'Liberation Movement for Women, Kakkanoor, Tamil Nadu' under clause (23C)(iv) of section 10 of the Income-tax Act, 1961 - 287/2002 - Income Tax Act, 1961
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Tax exemption recognition under section 10(23C)(iv) grants charitable status to an organization subject to specified compliance conditions. Notification grants tax-exempt charitable recognition to the Liberation Movement for Women for the specified assessment years under clause (23C)(iv), conditional on exclusive application or accumulation of income to its objects, restricted investments to permitted forms (with special treatment for voluntary contributions held as jewellery or furniture), exclusion of business income unless incidental with separate accounts, regular filing of income-tax returns, and transfer of surplus 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 recognition under section 10(23C)(iv) grants charitable status to an organization subject to specified compliance conditions.
Notification grants tax-exempt charitable recognition to the Liberation Movement for Women for the specified assessment years under clause (23C)(iv), conditional on exclusive application or accumulation of income to its objects, restricted investments to permitted forms (with special treatment for voluntary contributions held as jewellery or furniture), exclusion of business income unless incidental with separate accounts, regular filing of income-tax returns, and transfer of surplus assets on dissolution to a similarly purposed charitable organization.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.