Khadi and Village Industries Commission definition clarifies statutory entity status for income tax exemption applicability. For income tax purposes, the term Khadi and Village Industries Commission is defined to mean the Commission established under the relevant statutory enactment governing khadi and village industries, clarifying its status as the statutory body for application of income tax exemption and related compliance in that sector.
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Provisions expressly mentioned in the judgment/order text.
Khadi and Village Industries Commission definition clarifies statutory entity status for income tax exemption applicability.
For income tax purposes, the term Khadi and Village Industries Commission is defined to mean the Commission established under the relevant statutory enactment governing khadi and village industries, clarifying its status as the statutory body for application of income tax exemption and related compliance in that sector.
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