https://www.taxtmi.com/notifications?id=13039 Notification grants tax exemption under section 10(23) to the Tamil Nadu Tennis Association, Madras for the specified assessment years, subject to conditions: income must be applied or accumulated exclusively to the association's objects per section 11 rules; funds (other than certain tangible voluntary contributions) may be invested only in modes permitted by section 11(5); income cannot be distributed to members except as grants to affiliated bodies; and business profits are excluded unless incidental to objectives and accounted for in separate books. en-us Thu, 11 Mar 1999 00:00:00 +0530 Mon, 15 Sep 2008 14:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=13039 Notification grants tax exemption under section 10(23) to the Tamil Nadu Tennis Association, Madras for the specified assessment years, subject to conditions: income must be applied or accumulated exclusively to the association's objects per section 11 rules; funds (other than certain tangible voluntary contributions) may be invested only in modes permitted by section 11(5); income cannot be distributed to members except as grants to affiliated bodies; and business profits are excluded unless incidental to objectives and accounted for in separate books. Notifications Income Tax Thu, 11 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/notifications?id=13039