https://www.taxtmi.com/notifications?id=6088 Notification under section 10(23) grants Badminton Development Trust conditional exemption for specified assessment years provided the trust applies or accumulates income exclusively for its objects; confines investments to forms permitted by section 11(5) (except certain in-kind voluntary contributions); treats business income as outside the notification unless incidental and separately accounted; files returns regularly; and on dissolution transfers surplus and assets to a charitable organisation with similar objectives. en-us Tue, 21 Dec 2004 00:00:00 +0530 Fri, 25 Jul 2008 13:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=6088 Notification under section 10(23) grants Badminton Development Trust conditional exemption for specified assessment years provided the trust applies or accumulates income exclusively for its objects; confines investments to forms permitted by section 11(5) (except certain in-kind voluntary contributions); treats business income as outside the notification unless incidental and separately accounted; files returns regularly; and on dissolution transfers surplus and assets to a charitable organisation with similar objectives. Notifications Income Tax Tue, 21 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/notifications?id=6088