MAT book-profit adjustments exclude disallowances for exempt-income expenditure and demerger expenditure unless expressly listed under the statutory c...
Omitted specified domestic transaction provision invalidates related-party expenditure transfer-pricing references and assessments based on consequent...
Preventive suspension requires an immediate continuing threat and cannot become indefinite without inquiry, fresh evidence, or proportionate safeguard...
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.
Note: It is a system-generated summary and is for quick reference only.