Tax amendment permits establishment of engineering and medical educational institutions in rural towns below prescribed population limits. The Income-tax Rules are amended to insert a provision permitting the establishment and running of institutions imparting education in engineering and medicine where located in rural areas or towns below a prescribed population threshold, effective on publication in the Official Gazette and subject to the existing conditions of the Income-tax 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 amendment permits establishment of engineering and medical educational institutions in rural towns below prescribed population limits.
The Income-tax Rules are amended to insert a provision permitting the establishment and running of institutions imparting education in engineering and medicine where located in rural areas or towns below a prescribed population threshold, effective on publication in the Official Gazette and subject to the existing conditions of the Income-tax Rules.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.