M/s. Sethu Educational Trust, Madurai, approved for the purpose of section 10(23C)(vi)

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..... ion 10(23C)(vi) of the Income-tax Act, 1961 in consequence of the order of the Madurai Bench of Madras High Court in W. P. (MD) No. 8828 of 2011. In exercise of the powers conferred on me by virtue of sub-clause (vi) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), read with rule 2CA of the Income-tax Rules, 1962 , I, the Chief Commissioner of Income-tax, Madurai .....

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..... es prescribed by the Government from time to time in this regard ; (d) the assessee will not invest or deposit its funds (other than voluntary contributions received and maintained in the form of jewellery, furniture, etc.) for any period during the previous years relevant to the assessment years mentioned above otherwise than in anyone or more of the forms or modes specified in sub-section (5) .....

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..... the approval shall not apply in relation to anonymous donations in terms of the fifteenth proviso to section 10(23C) read with section 115BBC of the Act ; (i) the approval granted shall be subject to the provisions of proviso to section 143(3) . 3. The approval shall be void if it is subsequently found that it has been obtained by fraud or misappropriation of fact. This approval is given .....

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