Fair market value under section 50C must reflect existing property condition, not hypothetical development, and statutory valuation steps must be foll...
The Central Gov't issued a notification exempting the National Mission for Clean Ganga from income tax under Section 10(46A) of the Income-tax Act, 1961. The exemption is effective for the assessment year 2024-25, contingent upon the organization maintaining its status as an authority constituted under the Environment (Protection) Act, 1986. The notification specifically applies to the specified entity with PAN AABAN3769K, providing tax relief subject to continued compliance with statutory requirements related to environmental protection objectives.
The Central Gov't issued a notification exempting the National Mission for Clean Ganga from income tax under Section 10(46A) of the Income-tax Act, 1961. The exemption is effective for the assessment year 2024-25, contingent upon the organization maintaining its status as an authority constituted under the Environment (Protection) Act, 1986. The notification specifically applies to the specified entity with PAN AABAN3769K, providing tax relief subject to continued compliance with statutory requirements related to environmental protection objectives.
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