Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
The central government notifies that a state government-constituted wildlife conservation trust is exempt under the Income-tax Act for specified receipts: visitor and accommodation fees, check-post and canteen rents, ecotourism package and eco-shop sales, licence fees from neighbouring state for forest land, grants from government departments and NGOs, award/prize money, and bank interest. The exemption is conditional on no commercial activity, unchanged activities and income types across financial years, and filing returns as prescribed. The notification operates retrospectively for assessment years 2022-23 to 2025-26 and applies to 2026-27; the memorandum states no person is adversely affected.
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