Functional comparability under TNMM: broadcasters excluded, software distributors included, and no separate interest on receivables after working capi...
Page of 4821
Press 'Enter' after typing page number.
4401 to 4420 of 96408 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The Ministry of Finance (CBDT), u/s 10(46) of the Income-tax Act, 1961, has issued Notification No. 43/2024, granting exemption to the 'Tamil Nadu Water Supply and Drainage Board, Chennai' from specified income. The Board, constituted u/s the Tamil Nadu Water Supply and Drainage Board Act, 1970, is exempted from income including water charges, centage charges, project report preparation charges, and interest on bank deposits. The exemption is subject to conditions such as non-engagement in commercial activities, maintaining unchanged activities and income nature, and filing income tax returns as per u/s 139(4C). The notification is effective for assessment years 2024-2029, relevant to financial years 2023-2028.
The Ministry of Finance (CBDT), u/s 10(46) of the Income-tax Act, 1961, has issued Notification No. 43/2024, granting exemption to the 'Tamil Nadu Water Supply and Drainage Board, Chennai' from specified income. The Board, constituted u/s the Tamil Nadu Water Supply and Drainage Board Act, 1970, is exempted from income including water charges, centage charges, project report preparation charges, and interest on bank deposits. The exemption is subject to conditions such as non-engagement in commercial activities, maintaining unchanged activities and income nature, and filing income tax returns as per u/s 139(4C). The notification is effective for assessment years 2024-2029, relevant to financial years 2023-2028.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4821 
Join Channel 
