Tax exemption recognition granted to a charitable institution under the income-tax provision, formalising its tax-exempt status. Central Government, under sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961, notifies The Muncherjee Nowrojee Banajee Industrial Home for the Blind, Bombay, as recognised under that provision for the purpose of the assessment year specified in the notification, constituting formal recognition of its tax-exempt status by statutory notification.
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Tax exemption recognition granted to a charitable institution under the income-tax provision, formalising its tax-exempt status.
Central Government, under sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961, notifies The Muncherjee Nowrojee Banajee Industrial Home for the Blind, Bombay, as recognised under that provision for the purpose of the assessment year specified in the notification, constituting formal recognition of its tax-exempt status by statutory notification.
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