Tax exemption for marketing societies removed; rental income from godowns and warehouses no longer statutorily exempt. Section 83 has been omitted; previously it provided a tax exemption to authorities constituted for marketing commodities for income from letting godowns ... Summary
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Tax exemption for marketing societies removed; rental income from godowns and warehouses no longer statutorily exempt.
Section 83 has been omitted; previously it provided a tax exemption to authorities constituted for marketing commodities for income from letting godowns or warehouses used for storage, processing, or facilitating marketing of commodities, and the omission removes that statutory carve-out.
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