Tax exemption under Section 10(23C)(iv) is conditional on compliance and applies from assessment year 2010-11. Approval under Section 10(23C)(iv) recognises Saint Peters, Samagic Sewa Sanstha, Jaipur as qualifying for the specified tax exemption, effective for assessment year 2010-11 and onward. The approval is granted under the sub-clause read with rule 2C of the Income-tax Rules and is expressly conditional on the society's continued conformity with those provisions.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption under Section 10(23C)(iv) is conditional on compliance and applies from assessment year 2010-11.
Approval under Section 10(23C)(iv) recognises Saint Peters, Samagic Sewa Sanstha, Jaipur as qualifying for the specified tax exemption, effective for assessment year 2010-11 and onward. The approval is granted under the sub-clause read with rule 2C of the Income-tax Rules and is expressly conditional on the society's continued conformity with those provisions.
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