Tax exemption notification under section 10(23C)(iv) grants notified status to Lady Tata Memorial Trust for assessment year. The Central Government, exercising powers under clause (23C)(iv) of section 10 of the Income-tax Act, 1961, issues Notification No. S.O.1235 dated 1-1-1990, thereby notifying Lady Tata Memorial Trust, Bombay as a qualifying institution under that sub-clause for the assessment year 1989-90 and recognizing the trust within the statutory exemption framework.
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Tax exemption notification under section 10(23C)(iv) grants notified status to Lady Tata Memorial Trust for assessment year.
The Central Government, exercising powers under clause (23C)(iv) of section 10 of the Income-tax Act, 1961, issues Notification No. S.O.1235 dated 1-1-1990, thereby notifying Lady Tata Memorial Trust, Bombay as a qualifying institution under that sub-clause for the assessment year 1989-90 and recognizing the trust within the statutory exemption framework.
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