The Central Government notifies the "Veda Rakshana Nidhi Trust, Chennai" for the purpose of clause (23C)(iv) of section 10 of the Income-tax Act, 1961

The Central Government notifies the "Veda Rakshana Nidhi Trust, Chennai" for the purpose of clause (23C)(iv) of section 10 of the Income-tax Act, 1961 https://www.taxtmi.com/notifications?id=7441 Notification recognizes Veda Rakshana Nidhi Trust as eligible under clause (23C)(iv) of section 10 subject to conditions: apply or accumulate income wholly and exclusively to objects; invest or deposit funds only in modes specified in section 11(5) (except specified retained voluntary contributions); exclude business profits unless incidental with separate books; regularly file returns; and transfer surplus and assets on dissolution to a charitable organisation with similar objectives. en-us Wed, 06 Feb 2002 00:00:00 +0530 Tue, 15 Jul 2008 16:18:00 +0530 TaxTMI RSS Generator The Central Government notifies the "Veda Rakshana Nidhi Trust, Chennai" for the purpose of clause (23C)(iv) of section 10 of the Income-tax Act, 1961 https://www.taxtmi.com/notifications?id=7441 Notification recognizes Veda Rakshana Nidhi Trust as eligible under clause (23C)(iv) of section 10 subject to conditions: apply or accumulate income wholly and exclusively to objects; invest or deposit funds only in modes specified in section 11(5) (except specified retained voluntary contributions); exclude business profits unless incidental with separate books; regularly file returns; and transfer surplus and assets on dissolution to a charitable organisation with similar objectives. Notifications Income Tax Wed, 06 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/notifications?id=7441