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    <title>The Central Government notifies the &quot;The Jesuit Madurai Province, Dindigul, Tamil Nadu&quot; for the purpose of clause (23C) (v) of section 10 of the Income-tax Act. 1961</title>
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    <description>Notification grants tax exemption under clause (23C)(v) of section 10 to The Jesuit Madurai Province, subject to conditions: income must be applied or accumulated solely for the institution&#039;s objects; investments and deposits are limited to forms specified in section 11(5) except voluntary contributions held in forms like jewellery or furniture; business income is excluded unless incidental with separate books; regular filing of income-tax returns is required; and on dissolution surplus assets must go to a charitable organisation with similar objectives.</description>
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    <pubDate>Wed, 21 May 2003 00:00:00 +0530</pubDate>
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      <description>Notification grants tax exemption under clause (23C)(v) of section 10 to The Jesuit Madurai Province, subject to conditions: income must be applied or accumulated solely for the institution&#039;s objects; investments and deposits are limited to forms specified in section 11(5) except voluntary contributions held in forms like jewellery or furniture; business income is excluded unless incidental with separate books; regular filing of income-tax returns is required; and on dissolution surplus assets must go to a charitable organisation with similar objectives.</description>
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