https://www.taxtmi.com/notifications?id=22082 Approval under section 10(23C)(v) grants tax-exempt status to the institution subject to conditions: income must be applied or accumulated exclusively for charitable objects; investments are restricted to modes specified in section 11(5) (excluding deposits outside those modes except voluntary contributions held in kind); business income is excluded unless incidental with separate books; regular income-tax return filing is required; on dissolution surplus assets must go to a similar charity; anonymous donations are excluded under the applicable proviso. en-us Thu, 25 Jun 2009 00:00:00 +0530 Tue, 10 Nov 2009 10:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=22082 Approval under section 10(23C)(v) grants tax-exempt status to the institution subject to conditions: income must be applied or accumulated exclusively for charitable objects; investments are restricted to modes specified in section 11(5) (excluding deposits outside those modes except voluntary contributions held in kind); business income is excluded unless incidental with separate books; regular income-tax return filing is required; on dissolution surplus assets must go to a similar charity; anonymous donations are excluded under the applicable proviso. Notifications Income Tax Thu, 25 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/notifications?id=22082