Vocational education institutions in small towns and rural areas added to tax rules as eligible establishments. Amendment adds item (o) to clause (i) of rule 11K in Part-II, sub-part F of the Income-tax Rules, 1962, to include the establishment and running of institutions for vocational education and training in rural areas or towns with small populations as a qualifying category; the amendment is made under Section 295 and comes into force on publication in the Official Gazette.
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Vocational education institutions in small towns and rural areas added to tax rules as eligible establishments.
Amendment adds item (o) to clause (i) of rule 11K in Part-II, sub-part F of the Income-tax Rules, 1962, to include the establishment and running of institutions for vocational education and training in rural areas or towns with small populations as a qualifying category; the amendment is made under Section 295 and comes into force on publication in the Official Gazette.
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