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<h1>India Bible Society Trust Association Recognized for Tax Exemption Under Section 10(23C)(v) of Income-tax Act, Effective 1975-76</h1> The Central Government, exercising powers under clause (v) of sub-section (23C) of section 10 of the Income-tax Act, 1961, has officially notified 'The India Bible Society Trust Association, Bangalore' for purposes of the specified section. This notification, identified as S.O.589 and dated December 17, 1976, applies from the assessment year 1975-76 onward.