https://www.taxtmi.com/notifications?id=5047 Exemption under Section 10(23C)(iv) excludes from a recipient's taxable income receipts made on behalf of the Gujarat Pollution Control Board, subject to conditions: income applied or accumulated exclusively for institutional objects with limited accumulation above fifteen percent; restricted modes of investment for funds; exclusion of business receipts unless incidental and separately accounted; regular filing of income-tax returns; and transfer of surplus and assets to a like-minded organization on dissolution. The notification covers only receipts made on behalf of the institution and not other recipient income. en-us Tue, 25 Jul 2006 00:00:00 +0530 Tue, 22 Jul 2008 15:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=5047 Exemption under Section 10(23C)(iv) excludes from a recipient's taxable income receipts made on behalf of the Gujarat Pollution Control Board, subject to conditions: income applied or accumulated exclusively for institutional objects with limited accumulation above fifteen percent; restricted modes of investment for funds; exclusion of business receipts unless incidental and separately accounted; regular filing of income-tax returns; and transfer of surplus and assets to a like-minded organization on dissolution. The notification covers only receipts made on behalf of the institution and not other recipient income. Notifications Income Tax Tue, 25 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/notifications?id=5047