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)