Income-tax exemption recognition confirms organisation's eligibility for specified assessment years under notified charitable clause and tax treatment. The Central Government, exercising powers under section 10(23C)(iv) of the Income-tax Act, 1961, notifies Action for Food Production, New Delhi as eligible under that clause for the assessment years 1985-86 to 1987-88, thereby classifying the organisation for income-tax purposes pursuant to the notified charitable provision.
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Provisions expressly mentioned in the judgment/order text.
Income-tax exemption recognition confirms organisation's eligibility for specified assessment years under notified charitable clause and tax treatment.
The Central Government, exercising powers under section 10(23C)(iv) of the Income-tax Act, 1961, notifies Action for Food Production, New Delhi as eligible under that clause for the assessment years 1985-86 to 1987-88, thereby classifying the organisation for income-tax purposes pursuant to the notified charitable provision.
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