The Central Government notifies the 'Jal Phiroj Clubwala Dar-E-Meher, Chennai' for the purpose of clause (23C)(v) of section 10 of the Income-tax Act, 1961 - 227/2002 - 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 under clause (23C)(v) granted subject to income application, permitted investments, business incidental rule, filing and dissolution transfer. Notification designates Jal Phiroj Clubwala Dar-E-Meher, Chennai as eligible for tax exemption under the Income-tax Act for specified assessment years, conditional on exclusive application of income to its objects, permitted modes of investment, business income being incidental with separate books, regular filing of income-tax returns, and transfer of surplus and assets to a charitable organization with similar objectives upon dissolution.
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 under clause (23C)(v) granted subject to income application, permitted investments, business incidental rule, filing and dissolution transfer.
Notification designates Jal Phiroj Clubwala Dar-E-Meher, Chennai as eligible for tax exemption under the Income-tax Act for specified assessment years, conditional on exclusive application of income to its objects, permitted modes of investment, business income being incidental with separate books, regular filing of income-tax returns, and transfer of surplus and assets to a charitable organization with similar objectives upon dissolution.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.