The Central Government notified the 'Dohnavur Fellowship, Dohnavur, Tirunelveli' under clause (23C)(v) of section 10 of the Income-tax Act, 1961 - 166/2002 - Income Tax Act, 1961
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Tax exemption under section 10(23C)(v) granted to Dohnavur Fellowship, subject to investment, business, filing and dissolution conditions. Notification recognizing tax exemption for Dohnavur Fellowship for assessment years 1992-93 to 1994-95, conditional on applying or accumulating income wholly and exclusively for its objects; restricting investments to forms permitted by law (with limited exception for voluntary contributions retained as jewellery or furniture); excluding business income unless incidental and separately accounted; requiring regular filing of income-tax returns; and mandating transfer of surplus and assets on dissolution 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 under section 10(23C)(v) granted to Dohnavur Fellowship, subject to investment, business, filing and dissolution conditions.
Notification recognizing tax exemption for Dohnavur Fellowship for assessment years 1992-93 to 1994-95, conditional on applying or accumulating income wholly and exclusively for its objects; restricting investments to forms permitted by law (with limited exception for voluntary contributions retained as jewellery or furniture); excluding business income unless incidental and separately accounted; requiring regular filing of income-tax returns; and mandating transfer of surplus and assets on dissolution to a charitable organization with similar objectives.
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