University in Pacheri Badi, Jhunjhunu approved for tax exemption under Section 10(23C)(vi) starting 2009-10. Compliance required.

The Chief Commissioner of Income-tax, Jaipur, has approved a university in Pacheri Badi, Distt. Jhunjhunu, under section 10(23C)(vi) of the Income-tax Act, 1961, effective from the assessment year 2009-10 onwards. This approval is contingent upon the institution's compliance with the provisions of the specified section and rule 2CA of the Income-tax Rules, 1962.

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