Charitable trust recognition under 10(23C)(v) confirms notified tax-exempt status for specified assessment years. Central Government notifies Mugneeram Ramcoowar Bangur Charitable Trust, Calcutta, under 10(23C)(v) of the Income-tax Act, 1961, thereby designating the trust as qualifying for the clause's tax-exemption mechanism for the assessment years specified in the notification.
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Charitable trust recognition under 10(23C)(v) confirms notified tax-exempt status for specified assessment years.
Central Government notifies Mugneeram Ramcoowar Bangur Charitable Trust, Calcutta, under 10(23C)(v) of the Income-tax Act, 1961, thereby designating the trust as qualifying for the clause's tax-exemption mechanism for the assessment years specified in the notification.
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