Section 10(46) of the Income-tax Act, 1961 – Central Government notifies “'Rajasthan State Pollution Control Board” a Board constituted by the Government of Rajasthan, in respect of the certain specified income arising to the said Board - 34/2015 - Income Tax Act, 1961
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Tax exemption for specified income of Rajasthan State Pollution Control Board applies subject to non commercial operation and return filing. Notification under section 10(46) exempts specified income of the Rajasthan State Pollution Control Board - government grants, license fees and fines, and interest on those amounts - subject to conditions that the Board not engage in commercial activity, that its activities and nature of specified income remain unchanged, and that it files returns as required by clause (g) of sub-section (4C) of section 139.
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 specified income of Rajasthan State Pollution Control Board applies subject to non commercial operation and return filing.
Notification under section 10(46) exempts specified income of the Rajasthan State Pollution Control Board - government grants, license fees and fines, and interest on those amounts - subject to conditions that the Board not engage in commercial activity, that its activities and nature of specified income remain unchanged, and that it files returns as required by clause (g) of sub-section (4C) of section 139.
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