Tax exemption recognition: Punjab Post War Services Reconstruction Fund notified for income-tax exemption under applicable provision. Central Government notifies Punjab Post War Services Reconstruction Fund as recognised for tax-exemption purposes under section 10(23C)(iv) of the Income-tax Act, with the recognition applied from assessment year 1962-63, thereby qualifying the fund to be treated within the statutory exemption category for relevant tax assessments and administration.
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 recognition: Punjab Post War Services Reconstruction Fund notified for income-tax exemption under applicable provision.
Central Government notifies Punjab Post War Services Reconstruction Fund as recognised for tax-exemption purposes under section 10(23C)(iv) of the Income-tax Act, with the recognition applied from assessment year 1962-63, thereby qualifying the fund to be treated within the statutory exemption category for relevant tax assessments and administration.
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