https://www.taxtmi.com/notifications?id=4772 Any income received by any person on behalf of City Mission of India, CMI Children's Home, Dahisar, Mumbai, shall not be included in such person's total income provided the Institution applies or accumulates its income wholly and exclusively for its objects (with limited accumulations), invests or deposits funds only in permitted modes, restricts exempt treatment for business income to incidental activities with separate books, files income-tax returns regularly, obtains and furnishes a prescribed audit report, and on dissolution transfers surplus and assets to an organization with similar objectives. en-us Thu, 22 Feb 2007 00:00:00 +0530 Sat, 19 Jul 2008 10:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=4772 Any income received by any person on behalf of City Mission of India, CMI Children's Home, Dahisar, Mumbai, shall not be included in such person's total income provided the Institution applies or accumulates its income wholly and exclusively for its objects (with limited accumulations), invests or deposits funds only in permitted modes, restricts exempt treatment for business income to incidental activities with separate books, files income-tax returns regularly, obtains and furnishes a prescribed audit report, and on dissolution transfers surplus and assets to an organization with similar objectives. Notifications Income Tax Thu, 22 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/notifications?id=4772