Income-tax exemption notification secures charitable status for Sri Palimar Mutt for specified assessment years via central government order. The Central Government, exercising its statutory notification power under the income-tax exemption provision, notifies Sri Palimar Mutt, Udupi, as a charitable institution for assessment years 1962-63 to 1975-76 and 1977-78 to 1980-81, thereby recognising its eligibility for tax exemption for those periods.
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Income-tax exemption notification secures charitable status for Sri Palimar Mutt for specified assessment years via central government order.
The Central Government, exercising its statutory notification power under the income-tax exemption provision, notifies Sri Palimar Mutt, Udupi, as a charitable institution for assessment years 1962-63 to 1975-76 and 1977-78 to 1980-81, thereby recognising its eligibility for tax exemption for those periods.
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