https://www.taxtmi.com/notifications?id=12379 The Central Government notifies The Federation of Motors Sports Clubs of India, Madras, for exemption under clause (23) of section 10 for assessment years 1992-93 to 1994-95, subject to conditions requiring exclusive application or permitted accumulation of income to declared objects, investment or deposit only in modes specified in section 11(5) (with limited exception for certain voluntary contributions retained as articles), prohibition on distribution of income to members except by grants to affiliated bodies, and exclusion of business income unless incidental and maintained in separate books. en-us Thu, 03 Sep 1992 00:00:00 +0530 Fri, 12 Sep 2008 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=12379 The Central Government notifies The Federation of Motors Sports Clubs of India, Madras, for exemption under clause (23) of section 10 for assessment years 1992-93 to 1994-95, subject to conditions requiring exclusive application or permitted accumulation of income to declared objects, investment or deposit only in modes specified in section 11(5) (with limited exception for certain voluntary contributions retained as articles), prohibition on distribution of income to members except by grants to affiliated bodies, and exclusion of business income unless incidental and maintained in separate books. Notifications Income Tax Thu, 03 Sep 1992 00:00:00 +0530 https://www.taxtmi.com/notifications?id=12379