Tax exemption notification confirms charitable institution status and applicability of income-tax exclusion from the stated assessment year. The Central Government notifies Shri Shiroor Mutt, Udipi, South Kanara, as a charitable institution covered by the income-tax exemption provision, with applicability from the stated assessment year, thereby treating the institution's income as within the exemption provision for the relevant tax periods.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption notification confirms charitable institution status and applicability of income-tax exclusion from the stated assessment year.
The Central Government notifies Shri Shiroor Mutt, Udipi, South Kanara, as a charitable institution covered by the income-tax exemption provision, with applicability from the stated assessment year, thereby treating the institution's income as within the exemption provision for the relevant tax periods.
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