https://www.taxtmi.com/notifications?id=21843 Notification grants tax exemption for income received on behalf of Latur and Osmanabad District Mathadi and Unprotected Labour Board, subject to conditions: income must be applied or accumulated for the Board's objects with limited accumulation, investments restricted to prescribed modes, business income taxable unless incidental and separately accounted, regular return filing, audited accounts with prescribed audit report, and transfer of assets on dissolution to a similarly purposed organization. The relief covers only receipts on behalf of the Board and is subject to rescission if conditions or genuineness of activities are not met. en-us Mon, 20 Jul 2009 00:00:00 +0530 Tue, 08 Sep 2009 11:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=21843 Notification grants tax exemption for income received on behalf of Latur and Osmanabad District Mathadi and Unprotected Labour Board, subject to conditions: income must be applied or accumulated for the Board's objects with limited accumulation, investments restricted to prescribed modes, business income taxable unless incidental and separately accounted, regular return filing, audited accounts with prescribed audit report, and transfer of assets on dissolution to a similarly purposed organization. The relief covers only receipts on behalf of the Board and is subject to rescission if conditions or genuineness of activities are not met. Notifications Income Tax Mon, 20 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/notifications?id=21843