<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>The Central Government notifies the &quot;The Society of the Franciscan Servants of Mary, Algapuram, Salem&quot; under clause (23C)(iv) of section 10 of the Income-tax Act, 1961</title>
    <link>https://www.taxtmi.com/notifications?id=7351</link>
    <description>Central Government notifies the society for tax-exempt status under the charitable-exemption provision for specified assessment years, subject to conditions: income must be applied or accumulated exclusively for charitable objects; investments must be in permitted forms (with limited exceptions for certain voluntary contributions); business income is excluded unless incidental and maintained in separate books; the society must regularly file income-tax returns; and on dissolution surplus assets must transfer to a similarly purposed charitable organization.</description>
    <language>en-us</language>
    <pubDate>Wed, 25 Sep 2002 00:00:00 +0530</pubDate>
    <lastBuildDate>Sat, 12 Jul 2008 16:33:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=273508" rel="self" type="application/rss+xml"/>
    <item>
      <title>The Central Government notifies the &quot;The Society of the Franciscan Servants of Mary, Algapuram, Salem&quot; under clause (23C)(iv) of section 10 of the Income-tax Act, 1961</title>
      <link>https://www.taxtmi.com/notifications?id=7351</link>
      <description>Central Government notifies the society for tax-exempt status under the charitable-exemption provision for specified assessment years, subject to conditions: income must be applied or accumulated exclusively for charitable objects; investments must be in permitted forms (with limited exceptions for certain voluntary contributions); business income is excluded unless incidental and maintained in separate books; the society must regularly file income-tax returns; and on dissolution surplus assets must transfer to a similarly purposed charitable organization.</description>
      <category>Notifications</category>
      <law>Income Tax</law>
      <pubDate>Wed, 25 Sep 2002 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/notifications?id=7351</guid>
    </item>
  </channel>
</rss>