Tax exemption under section 10(23C)(v) notified for Friends Missionary Prayer Band for specified assessment years. Central Government notification designates Friends Missionary Prayer Band as a notified charitable institution eligible for income-tax exemption under the relevant clause, expressly covering a defined span of assessment years and operationalising the organisation's entitlement to the statutory tax treatment for that period.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption under section 10(23C)(v) notified for Friends Missionary Prayer Band for specified assessment years.
Central Government notification designates Friends Missionary Prayer Band as a notified charitable institution eligible for income-tax exemption under the relevant clause, expressly covering a defined span of assessment years and operationalising the organisation's entitlement to the statutory tax treatment for that period.
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