Family-linked property purchases using fabricated loan agreements and benami-style arrangements held to be crime proceeds; attachment upheld, appeal d...
Charitable tree plantation and maintenance for environmental preservation treated as "charitable activity", exempt from GST under Notification 12/2017...
The Central Government, exercising powers under section 10(46A)(b) of the Income-tax Act, 1961, has notified a state pollution control board constituted under the Water (Prevention and Control of Pollution) Act, 1974 and the Air (Prevention and Control of Pollution) Act, 1981 as eligible for specified income tax exemption. The exemption applies from assessment year 2024-25, conditional on the board continuing to exist under those statutes and pursuing one or more purposes listed in section 10(46A)(a). It is certified that the retrospective effect causes no adverse impact on any person.
The Central Government, exercising powers under section 10(46A)(b) of the Income-tax Act, 1961, has notified a state pollution control board constituted under the Water (Prevention and Control of Pollution) Act, 1974 and the Air (Prevention and Control of Pollution) Act, 1981 as eligible for specified income tax exemption. The exemption applies from assessment year 2024-25, conditional on the board continuing to exist under those statutes and pursuing one or more purposes listed in section 10(46A)(a). It is certified that the retrospective effect causes no adverse impact on any person.
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