The Central Government notifies the 'Shri Radhikaji Mandir Trust, Bet' for the purpose of clause (23C)(v) of section 10 of the Income-tax Act, 1961 - 281/2002 - Income Tax Act, 1961
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Tax exemption for charitable trust granted subject to application, investment, accounting, business-incidental and dissolution conditions. Notification designates Shri Radhikaji Mandir Trust, Bet as eligible under section 10(23C)(v) subject to conditions: apply or accumulate income exclusively for its objects; limit investments to forms permitted by section 11(5) (excluding certain voluntary contributions held as jewellery or furniture); treat business income as incidental with separate books; regularly file returns; and on dissolution transfer surplus and assets to a charitable organization 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 for charitable trust granted subject to application, investment, accounting, business-incidental and dissolution conditions.
Notification designates Shri Radhikaji Mandir Trust, Bet as eligible under section 10(23C)(v) subject to conditions: apply or accumulate income exclusively for its objects; limit investments to forms permitted by section 11(5) (excluding certain voluntary contributions held as jewellery or furniture); treat business income as incidental with separate books; regularly file returns; and on dissolution transfer surplus and assets to a charitable organization with similar objectives.
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