Commentary - Section Wise


Section
1 Section 56 - Income from Other Sources - Taxability of Consideration Received for Issue of Shares by a privately held company [Clause (viib) of Section 56(2)] - Issuance of shares in excess of face value of each share
CMV02085800 Section 10(23C) - Income of Specified Institution, Funds, Trust, etc., for Charitable Purpose - Exemption in Respect of Income of Educational Institution [Sub-clauses (iiiab), (iiiad) and (vi)] - Instances of entities covered by other educational institutions
CMV02085700 Section 10(23C) - Income of Specified Institution, Funds, Trust, etc., for Charitable Purpose - Exemption in Respect of Income of Educational Institution [Sub-clauses (iiiab), (iiiad) and (vi)] - Exemption at appellate stage
CMV02085600 Section 10(23C) - Income of Specified Institution, Funds, Trust, etc., for Charitable Purpose - Exemption in Respect of Income of Educational Institution [Sub-clauses (iiiab), (iiiad) and (vi)] - Power of Chief CIT to condone delay in filing application
CMV02085500 Section 10(23C) - Income of Specified Institution, Funds, Trust, etc., for Charitable Purpose - Exemption in Respect of Income of Educational Institution [Sub-clauses (iiiab), (iiiad) and (vi)] - Maintainability of application made after prescribed time period
CMV02085400 Section 10(23C) - Income of Specified Institution, Funds, Trust, etc., for Charitable Purpose - Exemption in Respect of Income of Educational Institution [Sub-clauses (iiiab), (iiiad) and (vi)] - Impact of consolidated application for exemption
CMV02085300 Section 10(23C) - Income of Specified Institution, Funds, Trust, etc., for Charitable Purpose - Exemption in Respect of Income of Educational Institution [Sub-clauses (iiiab), (iiiad) and (vi)] - Anonymous donation referred to in section 115BBC to be included in total income
CMV02085200 Section 10(23C) - Income of Specified Institution, Funds, Trust, etc., for Charitable Purpose - Exemption in Respect of Income of Educational Institution [Sub-clauses (iiiab), (iiiad) and (vi)] - Time limit for making application to prescribed authority
CMV02085100 Section 10(23C) - Income of Specified Institution, Funds, Trust, etc., for Charitable Purpose - Exemption in Respect of Income of Educational Institution [Sub-clauses (iiiab), (iiiad) and (vi)] - Withdrawal of approval by the prescribed authority [Thirteenth proviso]
CMV02085000 Section 10(23C) - Income of Specified Institution, Funds, Trust, etc., for Charitable Purpose - Exemption in Respect of Income of Educational Institution [Sub-clauses (iiiab), (iiiad) and (vi)] - Payment to other trust out of accumulated income not to be treated as application of income [Twelfth proviso]
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