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<h1>Govt Recognizes Sree Saptashrung Niwasini Devi Trust for Tax Exemption under Section 10(23C), Assessment Years 1985-88</h1> The Central Government, exercising its powers under sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961, has issued a notification regarding 'Sree Saptashrung Niwasini Devi Trust, Nasik.' This notification, identified as S.O.321 and dated January 1, 1986, recognizes the trust for the purposes outlined in the specified section. The notification applies to the assessment years 1985-86 to 1987-88.