Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
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 4828 
Join Channel 
