The Central Government notifies the 'Shri Satyabhamaji Mandir Trust, Bet' for the purpose of clause (23C)(v) of section 10 of the Income-tax Act, 1961 - 273/2002 - Income Tax Act, 1961
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Tax exemption notification for a charitable trust links exemption to exclusive income use, permitted investments, filings and dissolution asset transfer. Notification designates Shri Satyabhamaji Mandir Trust, Bet under clause (23C)(v) of section 10 for assessment years 1993-94 to 1995-96, conditioned on exclusive application of income to its objects, investment limited to modes specified in section 11(5) (except certain voluntary contributions retained as jewellery, furniture, etc.), exclusion of business income unless incidental with separate books, regular filing of income-tax returns, and transfer of surplus and assets on dissolution to a similar 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 notification for a charitable trust links exemption to exclusive income use, permitted investments, filings and dissolution asset transfer.
Notification designates Shri Satyabhamaji Mandir Trust, Bet under clause (23C)(v) of section 10 for assessment years 1993-94 to 1995-96, conditioned on exclusive application of income to its objects, investment limited to modes specified in section 11(5) (except certain voluntary contributions retained as jewellery, furniture, etc.), exclusion of business income unless incidental with separate books, regular filing of income-tax returns, and transfer of surplus and assets on dissolution to a similar charitable organization.
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