Tax exemption recognition under section 10(23C)(v) grants institutional status for income tax purposes and retrospective effect. Notification under section 10(23C)(v) of the Income tax Act designates Takhat Sachkhand Sri Hazur Abchalnagar Sahib, Nanded as an institution covered by that clause for income tax purposes, with the Central Government notifying its applicability from the assessment year 1971-72 as administrative recognition of its entitlement under the provision.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tax exemption recognition under section 10(23C)(v) grants institutional status for income tax purposes and retrospective effect.
Notification under section 10(23C)(v) of the Income tax Act designates Takhat Sachkhand Sri Hazur Abchalnagar Sahib, Nanded as an institution covered by that clause for income tax purposes, with the Central Government notifying its applicability from the assessment year 1971-72 as administrative recognition of its entitlement under the provision.
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