Tax exemption notification under section 10(23C)(iv) recognizes Indian Merchants' Chamber for specified assessment years. Central Government, exercising the power under 10(23C)(iv) of the Income-tax Act, 1961, notifies Indian Merchants' Chamber, Bombay as an entity covered by that clause for the assessment years 1986-87 and 1987-88, providing formal recognition for those specified years.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption notification under section 10(23C)(iv) recognizes Indian Merchants' Chamber for specified assessment years.
Central Government, exercising the power under 10(23C)(iv) of the Income-tax Act, 1961, notifies Indian Merchants' Chamber, Bombay as an entity covered by that clause for the assessment years 1986-87 and 1987-88, providing formal recognition for those specified years.
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