Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Tax exemption notification under section 10(23C)(iv) designates relief funds for tax-exempt donor treatment. The Central Government, invoking its power under section 10(23C)(iv) of the Income-tax Act, issues a notification designating certain relief funds as qualifying for tax-exempt status under that provision, specifying the assessment year from which the notification operates and enabling donors to receive the statutory tax treatment.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tax exemption notification under section 10(23C)(iv) designates relief funds for tax-exempt donor treatment.
The Central Government, invoking its power under section 10(23C)(iv) of the Income-tax Act, issues a notification designating certain relief funds as qualifying for tax-exempt status under that provision, specifying the assessment year from which the notification operates and enabling donors to receive the statutory tax treatment.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.