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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Central Silk Board Bengaluru Gains Income Tax Exemptions for 2019-2024 Under Notification No. 45/2019.</h1> The Central Government has issued Notification No. 45/2019, under the Income-tax Act, 1961, recognizing the Central Silk Board, Bengaluru, for specified income tax exemptions. The specified incomes include grants, compensation from property transactions, royalties, penalties, fees for services, and interest earned on these incomes. The Board must not engage in commercial activities, maintain consistent income activities, and file income returns as per legal requirements. These exemptions apply for the assessment years 2019-2020 to 2023-2024.
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