Tax exemption notification recognizes a charitable trust's classificatory status under income tax provision for prior assessment years. Central Government notified Sir Hormusji Nowroji Mody (of Hong Kong) and Lady Manekbhai Mody Charity Trust, Bombay, as covered by the tax exemption provision in clause (23C)(iv) of section 10 of the Income tax Act for the assessment years specified in the notification; the instrument is recorded as Notification No. S.O.1236 dated 9 1 1990.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption notification recognizes a charitable trust's classificatory status under income tax provision for prior assessment years.
Central Government notified Sir Hormusji Nowroji Mody (of Hong Kong) and Lady Manekbhai Mody Charity Trust, Bombay, as covered by the tax exemption provision in clause (23C)(iv) of section 10 of the Income tax Act for the assessment years specified in the notification; the instrument is recorded as Notification No. S.O.1236 dated 9 1 1990.
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