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    <title>The Central Government notifies the &quot;Grocery Markets &amp; Shops Board, Mumbai&quot; for the purpose of clause (23C) (iv) of section 10 of the Income-tax Act. 1961</title>
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    <description>Notification grants Tax exemption recognition under section 10(23C)(iv) to the Grocery Markets &amp; Shops Board for specified assessment years, conditional on exclusive application or accumulation of income for its objects, investment of funds only in forms permitted by Section 11(5) (with limited exceptions for in-kind voluntary contributions), incidental-business treatment with separate books, regular filing of income-tax returns, and transfer of surplus and assets on dissolution to a charitable body with similar objectives.</description>
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      <description>Notification grants Tax exemption recognition under section 10(23C)(iv) to the Grocery Markets &amp; Shops Board for specified assessment years, conditional on exclusive application or accumulation of income for its objects, investment of funds only in forms permitted by Section 11(5) (with limited exceptions for in-kind voluntary contributions), incidental-business treatment with separate books, regular filing of income-tax returns, and transfer of surplus and assets on dissolution to a charitable body with similar objectives.</description>
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