Electronic WhatsApp evidence without authentication or independent corroboration cannot sustain an unexplained-investment addition based on third-part...
Mutual current-account transactions excluded from deemed dividend treatment where no fresh borrowing arose; unsupported unsecured-loan addition also f...
The Central Government has exempted a specified industrial development authority constituted under the Uttar Pradesh Industrial Area Development Act, 1976, from income tax under section 10(46A) of the Income-tax Act, 1961. This exemption applies from the assessment year 2024-2025, provided the authority continues to operate under the conditions outlined in the Act, specifically maintaining one or more purposes as defined in the relevant sub-clause of section 10(46A).
The Central Government has exempted a specified industrial development authority constituted under the Uttar Pradesh Industrial Area Development Act, 1976, from income tax under section 10(46A) of the Income-tax Act, 1961. This exemption applies from the assessment year 2024-2025, provided the authority continues to operate under the conditions outlined in the Act, specifically maintaining one or more purposes as defined in the relevant sub-clause of section 10(46A).
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
