https://www.taxtmi.com/notifications?id=13447 Notification grants conditional tax-exempt status to the National Institute of Bank Management, Mumbai under section 10(23C)(iv), requiring that its income be applied or accumulated exclusively for its objects, invested only in modes specified by section 11(5) (excluding certain tangible voluntary contributions), and that business income be excluded unless incidental and separately accounted. It also requires regular filing of returns and transfer of surplus assets to a like charitable organization on dissolution. en-us Mon, 15 Jan 2001 00:00:00 +0530 Wed, 17 Sep 2008 16:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=13447 Notification grants conditional tax-exempt status to the National Institute of Bank Management, Mumbai under section 10(23C)(iv), requiring that its income be applied or accumulated exclusively for its objects, invested only in modes specified by section 11(5) (excluding certain tangible voluntary contributions), and that business income be excluded unless incidental and separately accounted. It also requires regular filing of returns and transfer of surplus assets to a like charitable organization on dissolution. Notifications Income Tax Mon, 15 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/notifications?id=13447