https://www.taxtmi.com/notifications?id=7132 Notification grants tax exemption recognition to the Tamil Nadu Tennis Association, Chennai for assessment years 2001-2002 and 2002-2003 subject to conditions: income must be applied or accumulated wholly and exclusively to its objects; funds must be invested only in permitted forms (with limited exceptions for voluntary contributions held as jewellery or furniture); business income is excluded unless incidental and separately accounted; regular filing of income-tax returns is required; and on dissolution surplus and assets must be transferred to a charitable organisation with similar objectives. en-us Mon, 19 Jul 2004 00:00:00 +0530 Fri, 25 Jul 2008 10:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=7132 Notification grants tax exemption recognition to the Tamil Nadu Tennis Association, Chennai for assessment years 2001-2002 and 2002-2003 subject to conditions: income must be applied or accumulated wholly and exclusively to its objects; funds must be invested only in permitted forms (with limited exceptions for voluntary contributions held as jewellery or furniture); business income is excluded unless incidental and separately accounted; regular filing of income-tax returns is required; and on dissolution surplus and assets must be transferred to a charitable organisation with similar objectives. Notifications Income Tax Mon, 19 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/notifications?id=7132