Processing of petitions.

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..... ion 10(23D) of the Income-tax Act and of Exchange Risk Administration Funds under section 10(23E) of the said Act. This does not reflect the correct position. It is hereby clarified that such petitions will be processed in the Board without any reference to the Director General (Income-tax Exemptions). 2. In paragraph 3 of the said Instruction, it was mentioned that Director of Income-tax (Exemp .....

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