Section 10(46) of the Income-tax Act, 1961 – Central Government notifies “Maharashtra State AIDS Control Society” a body constituted by the Government of Maharashtra, in respect of the certain specified income arising to the said body. - 29/2015 - Income Tax Act, 1961
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Tax exemption for central grants: Maharashtra State AIDS Control Society's grants exempted subject to non commercial and return filing conditions. The Central Government notifies an Income-tax exemption for the Maharashtra State AIDS Control Society in respect of specified income comprising grants-in-aid received from the Central Government, covering specified past and future financial years. The exemption is subject to conditions: no engagement in commercial activity; continuity in activities and character of specified income; and filing of income return as prescribed, with grants to be received and applied under prevailing rules.
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 for central grants: Maharashtra State AIDS Control Society's grants exempted subject to non commercial and return filing conditions.
The Central Government notifies an Income-tax exemption for the Maharashtra State AIDS Control Society in respect of specified income comprising grants-in-aid received from the Central Government, covering specified past and future financial years. The exemption is subject to conditions: no engagement in commercial activity; continuity in activities and character of specified income; and filing of income return as prescribed, with grants to be received and applied under prevailing rules.
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