<?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;Organization of Pharmaceutical of India, Mumbai&quot; under clause (23C) (iv) of section 10 of the Income-tax Act. 1961</title>
    <link>https://www.taxtmi.com/notifications?id=7445</link>
    <description>Notification grants tax-exempt status under clause (23C)(iv) of section 10 to the Organization of Pharmaceutical of India, Mumbai for specified assessment years, on conditions: apply income wholly to its objects; restrict investments to modes permitted by section 11(5) (except certain voluntary contributions held as jewellery/furniture); treat business income as incidental only with separate books; file income-tax returns timely; and on dissolution, transfer surplus assets to a charitable organization with similar objectives.</description>
    <language>en-us</language>
    <pubDate>Thu, 07 Feb 2002 00:00:00 +0530</pubDate>
    <lastBuildDate>Tue, 15 Jul 2008 17:38:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=273602" rel="self" type="application/rss+xml"/>
    <item>
      <title>The Central Government notifies the &quot;Organization of Pharmaceutical of India, Mumbai&quot; under clause (23C) (iv) of section 10 of the Income-tax Act. 1961</title>
      <link>https://www.taxtmi.com/notifications?id=7445</link>
      <description>Notification grants tax-exempt status under clause (23C)(iv) of section 10 to the Organization of Pharmaceutical of India, Mumbai for specified assessment years, on conditions: apply income wholly to its objects; restrict investments to modes permitted by section 11(5) (except certain voluntary contributions held as jewellery/furniture); treat business income as incidental only with separate books; file income-tax returns timely; and on dissolution, transfer surplus assets to a charitable organization with similar objectives.</description>
      <category>Notifications</category>
      <law>Income Tax</law>
      <pubDate>Thu, 07 Feb 2002 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/notifications?id=7445</guid>
    </item>
  </channel>
</rss>