Tax exemption notification under section 10(23C)(iv) recognizes a trade body for a specified assessment year. The Central Government, exercising powers under clause (iv) of sub section (23C) of section 10 of the Income tax Act, 1961, notifies the Federation of Indian Chambers of Commerce & Industry, New Delhi, for the purposes of that clause, specifying its recognition under the exemption provision for the designated assessment year.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption notification under section 10(23C)(iv) recognizes a trade body for a specified assessment year.
The Central Government, exercising powers under clause (iv) of sub section (23C) of section 10 of the Income tax Act, 1961, notifies the Federation of Indian Chambers of Commerce & Industry, New Delhi, for the purposes of that clause, specifying its recognition under the exemption provision for the designated assessment year.
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