Contingency expenses, exempt-income disallowance, and royalty benchmarking: unsupported adjustments were deleted under consistent accounting and trans...
Disciplinary proportionality requires penalties for Authorised Representative misconduct to match proven harm, leading to reconsideration of registrat...
The GoI through CBDT issued Notification No. 55/2025 exempting Greater Noida Industrial Development Authority from income tax under Section 10(46A) of the Income Tax Act, 1961. The exemption is effective for AY 2024-25, contingent upon the authority maintaining its status under the U.P. Industrial Area Development Act, 1976. The notification specifically applies to the authority with PAN AAALG0129L, providing tax relief subject to continued compliance with statutory requirements for industrial area development purposes.
The GoI through CBDT issued Notification No. 55/2025 exempting Greater Noida Industrial Development Authority from income tax under Section 10(46A) of the Income Tax Act, 1961. The exemption is effective for AY 2024-25, contingent upon the authority maintaining its status under the U.P. Industrial Area Development Act, 1976. The notification specifically applies to the authority with PAN AAALG0129L, providing tax relief subject to continued compliance with statutory requirements for industrial area development purposes.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
