Income tax notification under section ten clause tenC designates an educational institution for exemption for tax purposes. Central Government, exercising powers under sub clause (viii) of clause (10C) of section 10 of the Income tax Act, 1961, notifies the Indian Institute of Management, Bangalore for the purposes of that clause by S.O.881(E) dated 17 11 1994 (Notification No. 9641/F.No.200/94/94 ITA I).