Section 10(46) of the Income-tax Act, 1961 – Central Government notifies “National Council of Science Museums” as an autonomous body in respect of specified income arising to the Council - 08/2015 - Income Tax Act, 1961
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Tax exemption notification: National Council of Science Museums granted autonomous-body status for specified income subject to conditions. Notification designates National Council of Science Museums as an autonomous body for the purposes of section 10(46), applying exemption treatment to specified receipts: government grants-in-aid and subsidies; fees or subscriptions from ticket sales; maintenance and facility charges for scientific and educational use; and interest from investments. The notification is conditional on the Council not engaging in commercial activity, maintaining unchanged activities and specified income, and filing returns as required under the relevant income-tax filing provision, and is confined to the stated financial years.
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.
Tax exemption notification: National Council of Science Museums granted autonomous-body status for specified income subject to conditions.
Notification designates National Council of Science Museums as an autonomous body for the purposes of section 10(46), applying exemption treatment to specified receipts: government grants-in-aid and subsidies; fees or subscriptions from ticket sales; maintenance and facility charges for scientific and educational use; and interest from investments. The notification is conditional on the Council not engaging in commercial activity, maintaining unchanged activities and specified income, and filing returns as required under the relevant income-tax filing provision, and is confined to the stated financial years.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
