https://www.taxtmi.com/notifications?id=12567 Notification under clause (23) of section 10 notifies the Karnataka Badminton Association as entitled to the exemption for assessment years 1994-95 to 1996-97, provided it applies or accumulates income wholly and exclusively for its objects under section 11 (as modified), limits investments to modes specified in section 11(5), refrains from distributing income to members except by grants to affiliated institutions, and treats business income as taxable unless incidental with separate books maintained. en-us Mon, 05 Sep 1994 00:00:00 +0530 Fri, 12 Sep 2008 15:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=12567 Notification under clause (23) of section 10 notifies the Karnataka Badminton Association as entitled to the exemption for assessment years 1994-95 to 1996-97, provided it applies or accumulates income wholly and exclusively for its objects under section 11 (as modified), limits investments to modes specified in section 11(5), refrains from distributing income to members except by grants to affiliated institutions, and treats business income as taxable unless incidental with separate books maintained. Notifications Income Tax Mon, 05 Sep 1994 00:00:00 +0530 https://www.taxtmi.com/notifications?id=12567