Introducing the βIn Favour Ofβ filter in Case Laws.
- βοΈ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- π Narrow down results with higher precision
Try it now in Case Laws β


Just a moment...
Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>'Balaji Utthau Sansthan, Patna' Exempt Under Section 10(23C)(iv) for 1995-98; Must Comply with Specific Conditions</h1> The Central Government has notified 'Balaji Utthau Sansthan, Patna' under clause (23C)(iv) of section 10 of the Income-tax Act, 1961, applicable for assessment years 1995-96 to 1997-98. The conditions include that the organization must use its income exclusively for its established objectives, not invest funds in unauthorized forms, ensure business profits are incidental and maintain separate accounts, file regular income tax returns, and upon dissolution, transfer surplus assets to a similar charitable organization.