Notification of tax exemption for a benevolent fund secures eligibility for specified assessment years under the designated income tax clause. Central Government notification recognizes Karnataka Police Benevolent Fund as qualifying under clause (iv) of sub section (23C) of section 10, making the Fund eligible for the specified tax exemption solely for the assessment years 1986 87 through 1988 89.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Notification of tax exemption for a benevolent fund secures eligibility for specified assessment years under the designated income tax clause.
Central Government notification recognizes Karnataka Police Benevolent Fund as qualifying under clause (iv) of sub section (23C) of section 10, making the Fund eligible for the specified tax exemption solely for the assessment years 1986 87 through 1988 89.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.