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<h1>Government Grants Tax Exemptions to Air Force Institutions for Assessment Years 1973-76 Under Section 10(23C)</h1> The Central Government, exercising its powers under clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961, has notified certain institutions for exemption purposes for the assessment years 1973-74, 1974-75, and 1975-76. The institutions include the I. A. F. Benevolent Association, Air Force Officer's Contributory Education Fund, Air Force Wives' Welfare Association, I. A. F. Central Welfare Fund, and Air Force Group Insurance Society. This notification is issued under Notification No. S.O.1969, dated March 4, 1978.