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of <h1>Association of State Road Transport Undertakings Granted Tax Exemptions Under Section 10(23C) for 1986-87 to 1988-89.</h1> The Central Government has notified the 'Association of State Road Transport Undertakings, New Delhi' under sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961. This notification, identified as S.O.2927 and dated June 16, 1988, applies to the assessment years 1986-87 to 1988-89. This designation allows the association certain tax exemptions as specified under the mentioned section of the Income-tax Act.
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