Tax exemption notification under section 10(23C)(iv) confirms charitable status for specified assessment years of the Ex services Benevolent Fund. The Central Government, invoking section 10(23C)(iv) of the Income tax Act, notifies the Tamil Nadu Ex services Personnel Benevolent Fund, Madras, as eligible under that provision for the assessment years 1985 86 to 1987 88, thereby recognising the Fund's entitlement to the tax exemption treatment specified by the clause for the stated period.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption notification under section 10(23C)(iv) confirms charitable status for specified assessment years of the Ex services Benevolent Fund.
The Central Government, invoking section 10(23C)(iv) of the Income tax Act, notifies the Tamil Nadu Ex services Personnel Benevolent Fund, Madras, as eligible under that provision for the assessment years 1985 86 to 1987 88, thereby recognising the Fund's entitlement to the tax exemption treatment specified by the clause for the stated period.
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