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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>CBDT Designates Chief Commissioners as Authority u/s 10(23C) for Education, Medical Institutions, Effective June 2007.</h1> The Central Board of Direct Taxes authorized Chief Commissioners or Directors General as the 'prescribed authority' under section 10(23C) of the Income-tax Act, 1961, effective June 1, 2007. This applies to educational and medical institutions. Specific Chief Commissioners or Directors General were designated for various jurisdictions, including Ahmedabad, Bangalore, Chennai, Hyderabad, Kolkata, Mumbai, and Delhi. For cases outside these jurisdictions, the Chief Commissioner or Director General overseeing the relevant Assessing Officer will act as the prescribed authority. The notification was later superseded by Notification No. 76/2014 on December 1, 2014.