The Central Government notifies the 'MarThomaSyrianChurch of Malabar, Tiruvalla' for the purpose of clause (23C)(v) of section 10 of the Income-tax Act, 1961 - 065/2002 - Income Tax
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Tax exemption notification: Mar Thoma Syrian Church of Malabar recognised under clause 23C(v) of section 10, conditional. Notification designates Mar Thoma Syrian Church of Malabar, Tiruvalla, as qualifying under clause (23C)(v) of section 10 subject to conditions: apply income wholly and exclusively to stated objects, restrict investments to forms permitted by Section 11(5) (except specified tangible voluntary contributions), treat business income as exempt only if incidental with separate books, regularly file returns, and transfer surplus and assets on dissolution to a charitable organization with similar objectives.
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Tax exemption notification: Mar Thoma Syrian Church of Malabar recognised under clause 23C(v) of section 10, conditional.
Notification designates Mar Thoma Syrian Church of Malabar, Tiruvalla, as qualifying under clause (23C)(v) of section 10 subject to conditions: apply income wholly and exclusively to stated objects, restrict investments to forms permitted by Section 11(5) (except specified tangible voluntary contributions), treat business income as exempt only if incidental with separate books, regularly file returns, and transfer surplus and assets on dissolution to a charitable organization with similar objectives.
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