Tax exemption under 10(23C)(v) confirms a charitable institution's notified status for specified assessment years through official notification. The Central Government, invoking sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, issued an official notification identifying the Roman Catholic Diocese of Calicut as a notified institution eligible under 10(23C)(v) for the assessment years specified in the notification.
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Tax exemption under 10(23C)(v) confirms a charitable institution's notified status for specified assessment years through official notification.
The Central Government, invoking sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, issued an official notification identifying the Roman Catholic Diocese of Calicut as a notified institution eligible under 10(23C)(v) for the assessment years specified in the notification.
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