Care for All Foundation is claiming exemption under section 10(23C)(vi). On 15.11.2023 it gets notified under section 10(46). The foundation intends…

(iii) Where a trust or institution or fund is notified under section 10 (46) , the approval or provisional approval granted under first regime under section 10(23C) (vi) would become inoperative from the date of such notification issued under section 10 (46) . Accordingly, in the present case, since approval granted under section 10(23C) (vi) would become inoperative from 15.11.2023, being the date of notification issued under section 10 (46) , Care for All Foundation cannot simultaneously enjoy the benefits of both sections i.e., 10(23C) (vi) and section 10 (46) .