U/s 10(46) of IT Act 1961 - Central Government notifies ‘Chandigarh Pollution Control Committee’ in respect of the specified income arising to that Committee. - 125/2021 - Income Tax Act, 1961
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Section 10(46) exemption recognizes Chandigarh Pollution Control Committee's specified non-commercial income as tax-exempt subject to conditions. Notification designates Chandigarh Pollution Control Committee as a notified public body for exemption in respect of specified income including grants, consent fees, environmental compensation and penalties, testing and authorization fees, reimbursements, cess receipts, and interest on those receipts, subject to conditions that the body shall not engage in commercial activity, that activities and specified income remain unchanged, and that prescribed income-tax returns are filed.
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.
Section 10(46) exemption recognizes Chandigarh Pollution Control Committee's specified non-commercial income as tax-exempt subject to conditions.
Notification designates Chandigarh Pollution Control Committee as a notified public body for exemption in respect of specified income including grants, consent fees, environmental compensation and penalties, testing and authorization fees, reimbursements, cess receipts, and interest on those receipts, subject to conditions that the body shall not engage in commercial activity, that activities and specified income remain unchanged, and that prescribed income-tax returns are filed.
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