Tax exemption recognition under section 10(23C)(v) grants notified status to Malankara Marthoma Syrian Church for a limited assessment period. Notification grants formal recognition to Malankara Marthoma Syrian Church of Malabar under section 10(23C)(v) of the Income-tax Act, 1961, enabling the institution to be treated as notified for tax purposes for a defined sequence of assessment years; the Central Government issues the notification under the power conferred by sub clause (v) of clause (23C) of section 10 and specifies the period of coverage.
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Tax exemption recognition under section 10(23C)(v) grants notified status to Malankara Marthoma Syrian Church for a limited assessment period.
Notification grants formal recognition to Malankara Marthoma Syrian Church of Malabar under section 10(23C)(v) of the Income-tax Act, 1961, enabling the institution to be treated as notified for tax purposes for a defined sequence of assessment years; the Central Government issues the notification under the power conferred by sub clause (v) of clause (23C) of section 10 and specifies the period of coverage.
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