https://www.taxtmi.com/notifications?id=7498 Notification grants tax exemption to Sterlite Foundation under clause (23C)(iv) of section 10 for assessment years 1997-98 to 1999-2000, conditional on applying or accumulating income wholly and exclusively for its objects, restricting investments to modes specified in section 11(5) (with limited retention of voluntary contributions in physical form), treating business income as eligible only if incidental to objectives with separate books, regular filing of income-tax returns, and, upon dissolution, transferring surplus and assets to a charitable organisation with similar objectives. en-us Mon, 22 Apr 2002 00:00:00 +0530 Thu, 17 Jul 2008 16:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=7498 Notification grants tax exemption to Sterlite Foundation under clause (23C)(iv) of section 10 for assessment years 1997-98 to 1999-2000, conditional on applying or accumulating income wholly and exclusively for its objects, restricting investments to modes specified in section 11(5) (with limited retention of voluntary contributions in physical form), treating business income as eligible only if incidental to objectives with separate books, regular filing of income-tax returns, and, upon dissolution, transferring surplus and assets to a charitable organisation with similar objectives. Notifications Income Tax Mon, 22 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/notifications?id=7498