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<h1>William Carey Study and Research Centre gains tax exemption for 1988-89 and 1989-90 under Section 10(23C)(v) of IT Act.</h1> The Central Government has issued a notification under sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961, designating the 'William Carey Study and Research Centre, Calcutta' as eligible for tax exemptions for the assessment years 1988-89 and 1989-90. This notification, identified as S.O.400 and dated December 21, 1989, grants the center specific tax benefits as per the provisions of the Income-tax Act.