Notification under section 10(23C)(iv) recognizes Assam Rifles Group Insurance Scheme for tax exemption for the specified assessment year. Central Government notifies the Assam Rifles Group Insurance Scheme as qualifying under section 10(23C)(iv) of the Income tax Act, 1961, invoking the powers conferred by that sub clause to recognise the Scheme for the specified assessment year and to attract the tax treatment contemplated by the provision.
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Provisions expressly mentioned in the judgment/order text.
Notification under section 10(23C)(iv) recognizes Assam Rifles Group Insurance Scheme for tax exemption for the specified assessment year.
Central Government notifies the Assam Rifles Group Insurance Scheme as qualifying under section 10(23C)(iv) of the Income tax Act, 1961, invoking the powers conferred by that sub clause to recognise the Scheme for the specified assessment year and to attract the tax treatment contemplated by the provision.
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