https://www.taxtmi.com/notifications?id=4704 Any income received by any person on behalf of the Technology Development Board is excluded from that person's total income under Section 10(23C)(iv), provided the Institution applies or accumulates its income solely for its objects (with limited accumulation), confines investments to modes permitted under section 11(5), treats business income as taxable unless incidental with separate books, files regular returns, transfers surplus on dissolution to like-minded bodies, and furnishes a prescribed audit report with its return. en-us Fri, 18 May 2007 00:00:00 +0530 Sat, 19 Jul 2008 15:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=4704 Any income received by any person on behalf of the Technology Development Board is excluded from that person's total income under Section 10(23C)(iv), provided the Institution applies or accumulates its income solely for its objects (with limited accumulation), confines investments to modes permitted under section 11(5), treats business income as taxable unless incidental with separate books, files regular returns, transfers surplus on dissolution to like-minded bodies, and furnishes a prescribed audit report with its return. Notifications Income Tax Fri, 18 May 2007 00:00:00 +0530 https://www.taxtmi.com/notifications?id=4704