https://www.taxtmi.com/notifications?id=5291 Notification grants the Punjab Infrastructure Development Board tax-exempt status subject to conditions: income must be applied or accumulated exclusively for its objects; investments and deposits (except certain voluntary contributions in kind) must follow permitted modes; business income is excluded unless incidental and separately accounted; regular income-tax returns must be filed; and on dissolution surplus and assets must transfer to a like-minded charitable organisation. en-us Tue, 15 Feb 2005 00:00:00 +0530 Wed, 23 Jul 2008 15:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=5291 Notification grants the Punjab Infrastructure Development Board tax-exempt status subject to conditions: income must be applied or accumulated exclusively for its objects; investments and deposits (except certain voluntary contributions in kind) must follow permitted modes; business income is excluded unless incidental and separately accounted; regular income-tax returns must be filed; and on dissolution surplus and assets must transfer to a like-minded charitable organisation. Notifications Income Tax Tue, 15 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/notifications?id=5291