Transshipment permission for courier imports is extended with strict customs supervision, manifest controls, bond conditions, and destination acknowle...
Delhi Pollution Control Committee is notified for exemption of...
Specified income tax exemption for pollution control body remains conditional on non-commercial activity, unchanged income character, and return filing.
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Delhi Pollution Control Committee is notified for exemption of specified income under section 10(46) of the repealed Income-tax Act, 1961, preserved for relevant proceedings by the transitional provisions of the Income-tax Act, 2025. Exempt income includes government grants or subsidies, statutory consent, licence and application fees, environmental penalties and fines, and interest on surplus-fund deposits or investments. The exemption applies only if the Committee undertakes no commercial activity, retains the same activities and income character, and files its income return as required. Non-compliance may trigger penal action and withdrawal of the exemption. The notification applies to the specified assessment years from 2024-25 through 2026-27.
Delhi Pollution Control Committee is notified for exemption of specified income under section 10(46) of the repealed Income-tax Act, 1961, preserved for relevant proceedings by the transitional provisions of the Income-tax Act, 2025. Exempt income includes government grants or subsidies, statutory consent, licence and application fees, environmental penalties and fines, and interest on surplus-fund deposits or investments. The exemption applies only if the Committee undertakes no commercial activity, retains the same activities and income character, and files its income return as required. Non-compliance may trigger penal action and withdrawal of the exemption. The notification applies to the specified assessment years from 2024-25 through 2026-27.
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