Section 10(23C)

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Hello,

As per Income Tax Rules,the approval u/s 10(23C) has the validity of 3 yrs or it is permanant if taken once from Chief Comm.??????I heard that there is an amendment that once the approval has taken then no need to renew further........Plz.clarify this

Replies (1)
Please go through eighth proviso to section 10(23C) which prescribes the period.

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