Tax exemption notification grants charitable/institutional status under income tax provisions for a development authority, applying to specified assessment years. Central Government, exercising power under sub clause (v) of clause 23C of section 10 of the Income tax Act, 1961, notifies Kurukshetra Development Board as an entity covered by that provision and designates the Board for the purposes of the income tax exemption provision for the assessment years 1985 86 to 1987 88.
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Tax exemption notification grants charitable/institutional status under income tax provisions for a development authority, applying to specified assessment years.
Central Government, exercising power under sub clause (v) of clause 23C of section 10 of the Income tax Act, 1961, notifies Kurukshetra Development Board as an entity covered by that provision and designates the Board for the purposes of the income tax exemption provision for the assessment years 1985 86 to 1987 88.
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