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<h1>Indian Naval Benevolent Association and Funds Notified Under Section 10(23C)(iv) of Income-tax Act, 1961</h1> The Central Government, under clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961, notifies the Indian Naval Benevolent Association, Indian Naval Association Fund, and Naval Officer's Contributory Education Fund. This notification, identified as S.O.1967 and dated March 4, 1978, applies to these entities for the purpose of the specified section starting from the assessment year 1962-63.