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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Maunathul Islam Association Gains Tax Exemption Under Section 10(23C) of Income-tax Act for 1985-88 Assessment Years.</h1> The Central Government has notified 'The Maunathul Islam Association, Ponnani Nagaram' under sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961. This notification, dated September 12, 1985, applies to the assessment years from 1985-86 to 1987-88. This designation allows the association certain tax exemptions as specified under the mentioned section of the Income-tax Act.