Approval under section 10(23C)(iv) confirms tax exemption for Pragya Chaitanya Foundation subject to statutory compliance. Approval of Pragya Chaitanya Foundation Trust under section 10(23C)(iv) of the Income tax Act is granted by notification S.O. 879 dated 10 April 2008 for assessment year 2007 08 and onwards, subject to conformity with and compliance to sub clause (iv) of clause (23C) and rule 2C of the Income tax Rules, 1962.