Exemption under section 10(22B): Press Trust of India recognised as news agency for specified assessment periods. The Central Government specifies the Press Trust of India, New Delhi, as a qualifying news agency under the income-tax exemption clause, on the basis that it is set up in India solely for collection and distribution of news; this departmental notification makes the Press Trust of India eligible for the exemption for the assessment years 2000-2001 to 2002-2003.
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.
Exemption under section 10(22B): Press Trust of India recognised as news agency for specified assessment periods.
The Central Government specifies the Press Trust of India, New Delhi, as a qualifying news agency under the income-tax exemption clause, on the basis that it is set up in India solely for collection and distribution of news; this departmental notification makes the Press Trust of India eligible for the exemption for the assessment years 2000-2001 to 2002-2003.
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 
