Income Tax Notification: S.O.587 Date of Issue: 17/12/1976

Notification: S.O.587

Section(s) Referred: 10 ,10(23C) ,10(23C)(iv)

Statute: INCOME TAX

Date of Issue: 17/12/1976

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 institutions for the purposes of the said section for and from the assessment year 1976-77 :–

“(i) IAF Benevolent Association.

(ii) Air Force Officers Contributory Education Fund.

(iii) Air Force Wives Welfare Association.

(iv) IAF Central Welfare Fund.

(v) Air Force Group Insurance Society.”

[No. 1591/F. No. 197/32/76-IT(AI)