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<h1>Volkart Foundation Bombay Gains Tax Exemption Status Under Section 10(23C)(iv) of Income-tax Act, 1961</h1> The Central Government has issued a notification under clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961, recognizing the Volkart Foundation, Bombay, for tax exemption purposes. This notification, numbered S.O.2010 and dated January 10, 1979, applies to the foundation starting from the assessment year 1977-78.