Section(s) Referred: 10 ,10(23C) ,10(23C)(iv)
Statute: INCOME TAX
Date of Issue: 15/3/1978
In exercise of the powers conferred by clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the following funds for the purpose of the said section for the assessment year(s) 1974-75 and 1975-76 :—
(i) Armed Forces Benevolent Fund (ii) Special Fund for Reconstruction & Rehabilitation of Ex-Servicemen (iii) Armed Forces Re-Construction Fund (iv) India Gorkha Ex-Servicemen’s Welfare Fund (v) Central Post War Re-settlement Fund (vi) Armed Forces Flag Day Fund (vii) War Bereaved & Disabled Servicemen Special Relief Fund (viii) India Soldiers, Sailors & Airmen’s Board Fund.
[No. 2217/F. No. 197/132/77-IT(AI)