Notification under section 10(23C)(iv) confirms trust recognition for tax-exemption purposes by central government for specified years. The Central Government, exercising powers under clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, notifies Sri Sassoon David Trust Fund, Bombay as recognised for the purposes of that clause for specified assessment years, formally conferring the statutory status required for tax-exemption eligibility under the provision.
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 under section 10(23C)(iv) confirms trust recognition for tax-exemption purposes by central government for specified years.
The Central Government, exercising powers under clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, notifies Sri Sassoon David Trust Fund, Bombay as recognised for the purposes of that clause for specified assessment years, formally conferring the statutory status required for tax-exemption eligibility under the provision.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
