Tax exemption notification: Shri Chitrapur Math recognized under income tax exemption provision for specified assessment years. Central Government notified Shri Chitrapur Math as an institution eligible for tax exemption under the Income-tax Act provision conferring exemption on specified charitable or religious entities, exercising statutory power to recognize an organisation as exempt for designated assessment years and thereby treating the entity as falling within the Act's exemption mechanism for those periods.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption notification: Shri Chitrapur Math recognized under income tax exemption provision for specified assessment years.
Central Government notified Shri Chitrapur Math as an institution eligible for tax exemption under the Income-tax Act provision conferring exemption on specified charitable or religious entities, exercising statutory power to recognize an organisation as exempt for designated assessment years and thereby treating the entity as falling within the Act's exemption mechanism for those periods.
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