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of <h1>Assam Rifles Group Insurance Scheme Gains Tax Exemption for 1988-89 under Section 10(23C) of Income-tax Act</h1> The Central Government has notified the 'Assam Rifles Group Insurance Scheme, Shillong' under sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961. This notification, identified as S.O.2900 and dated May 10, 1988, applies to the assessment year 1988-89. It grants the scheme a specific tax exemption status as outlined in the relevant section of the Income-tax Act.
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