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<h1>Central Government Recognizes C.P. Ramaswami Aiyar Foundation for Tax Exemption under Section 10(23C) of Income-tax Act 1961</h1> The Central Government has issued Notification No. S.O.1742 dated January 6, 1988, under sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961. This notification recognizes 'The C.P. Ramaswami Aiyar Foundation, Madras' for the purposes of the specified sub-clause. It applies to the assessment year 1988-89, thereby acknowledging the foundation's eligibility for certain tax exemptions under the mentioned section of the Income-tax Act.