Exemption notification under section 10(23C)(v) confirms charitable institution tax recognition and applicability of prescribed assessment-year relief. Central Government, exercising the power vested by sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961, notifies Sree Siddagana Mutt, Tumkar, Karnataka for the purposes of that sub-clause for the assessment year 1988-89 by Notification No. S.O.2129 dated 20-5-1988.