Tax exemption notification under section 10(23C)(v) of the Income-tax Act: charitable institution recognised for specified assessment years. The Central Government, exercising powers under the Income-tax Act to notify charitable organisations for exemption, has recognised the Catholic Church, Cambay, under the clause conferring charitable status for the purpose of section 10(23C)(v), specifying the assessment years to which the recognition applies and thereby defining the temporal scope of the institution's entitlement to the statutory tax exemption.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption notification under section 10(23C)(v) of the Income-tax Act: charitable institution recognised for specified assessment years.
The Central Government, exercising powers under the Income-tax Act to notify charitable organisations for exemption, has recognised the Catholic Church, Cambay, under the clause conferring charitable status for the purpose of section 10(23C)(v), specifying the assessment years to which the recognition applies and thereby defining the temporal scope of the institution's entitlement to the statutory tax exemption.
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