https://www.taxtmi.com/notifications?id=5165 Notification under Section 10(23C)(iv) excludes from recipients' taxable total income any amounts received on behalf of the Institute of Rail Transport, New Delhi, subject to conditions: application or limited accumulation of income for institutional objects with a capped accumulation period; permitted modes of investment as per section 11(5); exclusion of business receipts unless incidental and separately accounted; regular filing of returns by recipients; and transfer of surplus and assets to a like-minded organization upon dissolution. The exemption applies only to receipts received on behalf of the Institution. en-us Tue, 07 Nov 2006 00:00:00 +0530 Wed, 23 Jul 2008 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=5165 Notification under Section 10(23C)(iv) excludes from recipients' taxable total income any amounts received on behalf of the Institute of Rail Transport, New Delhi, subject to conditions: application or limited accumulation of income for institutional objects with a capped accumulation period; permitted modes of investment as per section 11(5); exclusion of business receipts unless incidental and separately accounted; regular filing of returns by recipients; and transfer of surplus and assets to a like-minded organization upon dissolution. The exemption applies only to receipts received on behalf of the Institution. Notifications Income Tax Tue, 07 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/notifications?id=5165