Income-tax exemption notification grants tax-exempt recognition to Shree Nasik Panchavati Panjarapol for the specified assessment year. The Central Government, exercising powers under the Income-tax Act exemption sub-clause of clause (23C) of section 10, notifies Shree Nasik Panchavati Panjarapol, Nasik as recognised for the purposes of that sub-clause for the relevant assessment year, thereby conferring the specified tax-exemption status by formal notification.
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Provisions expressly mentioned in the judgment/order text.
Income-tax exemption notification grants tax-exempt recognition to Shree Nasik Panchavati Panjarapol for the specified assessment year.
The Central Government, exercising powers under the Income-tax Act exemption sub-clause of clause (23C) of section 10, notifies Shree Nasik Panchavati Panjarapol, Nasik as recognised for the purposes of that sub-clause for the relevant assessment year, thereby conferring the specified tax-exemption status by formal notification.
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