https://www.taxtmi.com/acts?id=8617 Section 10(17A)-10(23C) carves out specific receipts and institutional incomes from total taxable income, conditional on approval/notification and compliance. Exemptions apply to awards, certain pensions, local authority supplies, approved research associations, news agencies and a range of funds, universities and hospitals provided they apply or accumulate income solely to their objects, invest or deposit funds in prescribed modes, restrict distribution, maintain separate accounts for incidental business, and submit to approval, audit and oversight; failure to comply permits withdrawal of recognition and renders amounts taxable. en-us Mon, 28 Apr 2008 22:31:18 +0530 Tue, 26 Aug 2025 17:50:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=8617 Section 10(17A)-10(23C) carves out specific receipts and institutional incomes from total taxable income, conditional on approval/notification and compliance. Exemptions apply to awards, certain pensions, local authority supplies, approved research associations, news agencies and a range of funds, universities and hospitals provided they apply or accumulate income solely to their objects, invest or deposit funds in prescribed modes, restrict distribution, maintain separate accounts for incidental business, and submit to approval, audit and oversight; failure to comply permits withdrawal of recognition and renders amounts taxable. Act-Rules Income Tax Mon, 28 Apr 2008 22:31:18 +0530 https://www.taxtmi.com/acts?id=8617