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<h1>Central Government Designates Press Trust of India as News Agency u/s 10(22B) for 1997-2000 Tax Years.</h1> The Central Government, exercising its authority under clause (22B) of section 10 of the Income-tax Act, 1961, designates the Press Trust of India Limited, located in Bombay, as a news agency established solely for the collection and distribution of news. This specification applies for the assessment years 1997-98, 1998-99, and 1999-2000.