banner_ad

Exemption u/s 10(23C) - for Hospital

This query is : Resolved 
Profile Image

Profile Image

(Querist)
04 February 2008 One of Client have a charitable trust with main Object of Promoting Health through Free Camps, To Open blood Bank Etc.

He has Opened a Blood bank,has invested in some Lab equipments,The Blood from Blood Bank is given to required people on nominal charges towards Maintenance and Testing charges

trust has collected some donation towards investments in Lab equipments of BLood bank

CAN BE CLAIM EXEMPTION U/S 10(23c) OF THE INCOME TAX as INCOME OF HOSPITAL
Profile Image

Sohil Ganeriwala

Profile Image

Sohil Ganeriwala (Expert)
04 February 2008 the income shall be exempt if the charitable institution is notified by the Central Govt. in the official gazette having regards to the objects of the fund or institution and its importance throughout India or any state or states. it is also exempt if they are approved by the prescribed authority instead of being notified by the central govt.
Profile Image

Amit Sharma

Profile Image

Amit Sharma (Expert)
04 February 2008 Well said MR. SoHIl
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details