Section 10(46) of the Income-tax Act, 1961 Central Government notifies National Skill Development Agency, a body constituted by the Central Government in respect of the specified income arising to that body - 33/2017 - 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 for government grants: National Skill Development Agency's grants and interest exempted subject to compliance conditions. Notification under Section 10(46) notifies the National Skill Development Agency in respect of specified income limited to grant in aid from the Government of India and interest earned thereon, subject to conditions that the Agency shall not engage in commercial activity, its activities and the nature of the specified income remain unchanged, and it files income tax returns as required under the relevant return filing provision.
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 government grants: National Skill Development Agency's grants and interest exempted subject to compliance conditions.
Notification under Section 10(46) notifies the National Skill Development Agency in respect of specified income limited to grant in aid from the Government of India and interest earned thereon, subject to conditions that the Agency shall not engage in commercial activity, its activities and the nature of the specified income remain unchanged, and it files income tax returns as required under the relevant return filing provision.
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 
