https://www.taxtmi.com/notifications?id=4727 Exemption applies to any income received by any person on behalf of Neo Sannyas Foundation provided the Institution applies or accumulates income exclusively for its objects (with limited accumulation beyond a specified threshold for a restricted period), confines investments to permitted modes, treats business income as taxable unless incidental with separate accounts, files returns, obtains a prescribed audit report, and on dissolution transfers surplus and assets to an organization with similar objectives; the notification covers recipients' receipts from assessment year 1999-2000 onwards and is rescindable for non-genuine activity or non-compliance. en-us Fri, 19 Jan 2007 00:00:00 +0530 Fri, 18 Jul 2008 18:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=4727 Exemption applies to any income received by any person on behalf of Neo Sannyas Foundation provided the Institution applies or accumulates income exclusively for its objects (with limited accumulation beyond a specified threshold for a restricted period), confines investments to permitted modes, treats business income as taxable unless incidental with separate accounts, files returns, obtains a prescribed audit report, and on dissolution transfers surplus and assets to an organization with similar objectives; the notification covers recipients' receipts from assessment year 1999-2000 onwards and is rescindable for non-genuine activity or non-compliance. Notifications Income Tax Fri, 19 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/notifications?id=4727