https://www.taxtmi.com/notifications?id=4976 Notification excludes from a person's total income any amounts received on behalf of Jehangir Art Gallery, Mumbai for assessment years 2006-07 to 2008-09, subject to conditions: income must be applied or accumulated exclusively for the Institution's objects with accumulations above fifteen percent limited to five years; investments must follow modes permitted for charitable funds; business income is excluded from the exemption unless incidental and separately accounted; regular return filing is required; and on dissolution surplus assets must transfer to a similar organization. en-us Tue, 16 May 2006 00:00:00 +0530 Tue, 22 Jul 2008 13:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=4976 Notification excludes from a person's total income any amounts received on behalf of Jehangir Art Gallery, Mumbai for assessment years 2006-07 to 2008-09, subject to conditions: income must be applied or accumulated exclusively for the Institution's objects with accumulations above fifteen percent limited to five years; investments must follow modes permitted for charitable funds; business income is excluded from the exemption unless incidental and separately accounted; regular return filing is required; and on dissolution surplus assets must transfer to a similar organization. Notifications Income Tax Tue, 16 May 2006 00:00:00 +0530 https://www.taxtmi.com/notifications?id=4976