In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Bhagini Samaj, Bombay for the purpose of the said sub-clause for the assessment years 1985-86 to 1988-89.
In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies The Muncharjee Nowrojee Banajee Industrial Home for the Blind, Bombay , for the purpose of the said sub-clause for the assessment year 1988-89.
In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Friends of Moral Re-armament (India), Maharashtra, for the purpose of the said sub-clause for the assessment years 1985-86 to 1988-89.
In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies People’s Action for Development (Maharashtra), for the purpose of the said sub-clause for the assessment year 1988-89.
In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sri Ramkrishna Ashram, Nimpith, West Bengal, for the purpose of the said sub-clause for the assessment year 1988-89.
In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies The Little Sisters of the Poor, Calcutta, for the purpose of the said sub-clause for the assessment year 1988-89.
Circular : No. 511-Income Tax The Finance Act, 1987 introduced a new section 80CCA to provide for deduction in respect of investments made under the National Savings Scheme, 1987. Corresponding amendment was made in the Wealth-tax Act to provide for exemption from wealth-tax in respect of deposits made under this Scheme.