https://www.taxtmi.com/notifications?id=4702 Any income received by any person on behalf of St. John Ambulance is exempt under Section 10(23C)(iv) subject to conditions: income must be applied or properly accumulated for institutional objects with limited accumulation; investments restricted to forms specified in section 11(5); business income exempt only if incidental with separate books; regular filing of returns; audited accounts and prescribed audit report; on dissolution surplus and assets to a similar organization. The notification applies to recipients of such income from Assessment Year 2004-05 and is liable to rescission for noncompliance. en-us Wed, 16 May 2007 00:00:00 +0530 Sat, 19 Jul 2008 15:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=4702 Any income received by any person on behalf of St. John Ambulance is exempt under Section 10(23C)(iv) subject to conditions: income must be applied or properly accumulated for institutional objects with limited accumulation; investments restricted to forms specified in section 11(5); business income exempt only if incidental with separate books; regular filing of returns; audited accounts and prescribed audit report; on dissolution surplus and assets to a similar organization. The notification applies to recipients of such income from Assessment Year 2004-05 and is liable to rescission for noncompliance. Notifications Income Tax Wed, 16 May 2007 00:00:00 +0530 https://www.taxtmi.com/notifications?id=4702