https://www.taxtmi.com/notifications?id=4917 Notification exempts from taxation any income received by a person on behalf of The Congregation of the Fransciscan Sisters of the Presentation of the Blessed Virgin Mary, Coimbatore under Section 10(23C)(v), subject to conditions: application or limited accumulation of income for institutional objects, restriction of investments to permitted modes, exclusion of non-incidental business income unless separately accounted, regular filing of returns, and transfer of surplus on dissolution to an organisation with similar objectives. The exemption applies to recipients of such income and does not decide the Institution's own taxability. en-us Tue, 14 Mar 2006 00:00:00 +0530 Tue, 22 Jul 2008 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=4917 Notification exempts from taxation any income received by a person on behalf of The Congregation of the Fransciscan Sisters of the Presentation of the Blessed Virgin Mary, Coimbatore under Section 10(23C)(v), subject to conditions: application or limited accumulation of income for institutional objects, restriction of investments to permitted modes, exclusion of non-incidental business income unless separately accounted, regular filing of returns, and transfer of surplus on dissolution to an organisation with similar objectives. The exemption applies to recipients of such income and does not decide the Institution's own taxability. Notifications Income Tax Tue, 14 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/notifications?id=4917