Tax exemption notification under section 10(23C)(iv) confirms National Foundation for Teachers' coverage for specified assessment years. The Central Government, invoking the power in section 10(23C)(iv) of the Income-tax Act, notifies National Foundation for Teachers' Welfare as covered by that provision, expressly extending that designation to the specified assessment years and thereby enabling application of the statutory tax-exemption mechanism to the foundation for those assessments.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption notification under section 10(23C)(iv) confirms National Foundation for Teachers' coverage for specified assessment years.
The Central Government, invoking the power in section 10(23C)(iv) of the Income-tax Act, notifies National Foundation for Teachers' Welfare as covered by that provision, expressly extending that designation to the specified assessment years and thereby enabling application of the statutory tax-exemption mechanism to the foundation for those assessments.
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