Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Amendment to Section 10 of Income-tax Act: New Exemptions for Pensions, Bonuses, Professional Associations, and Ladakh Residents.</h1> The amendment to Section 10 of the Income-tax Act introduces several changes. Clause (10A) exempts certain pension commutation payments from taxation under specified conditions. Clause (15) now includes bonuses on deposits under the Post Office Savings Bank (Cumulative Time Deposits) Rules, 1959. Clause (23A) exempts income of associations or institutions related to professions like law and medicine, subject to certain conditions. Clause (26A) exempts income for residents of Ladakh or outside India before April 1, 1970, under specific residency criteria. Clause (28) addresses adjustments or payments related to tax credit certificates. These amendments are deemed to have always been in effect.
TaxTMI 
TaxTMI 
