Recognition under section 10(23C)(v) grants tax-exempt status to Shri Subramaniaswami Devasthanam from the notified assessment year. Central Government notification recognizes Shri Subramaniaswami Devasthanam, Tiruchendur under section 10(23C)(v) of the Income-tax Act, exercising the powers conferred by that clause and specifying that the recognition is effective from the stated assessment year for the purposes of the section.