Tax exemption recognition grants charitable status to Amalgamated Tamil Nadu ex servicemen fund for specified assessment year. The Central Government notifies that 'The Amalgamated Tamil Nadu Share of the Post War Services Reconstruction and Rehabilitation of Ex-servicemen Funds' is recognised under sub-clause (iv) of clause (23C) of section 10 of the Income tax Act, 1961, exercising statutory power to designate the fund as qualifying for income tax exemption. The recognition is assessment year specific and confers the legal status required for the fund to be treated as exempt under the cited provision.