Tax exemption for news agencies: specification of United News of India with mandatory regular income tax return filing requirement. The Central Government specifies 'United News of India, New Delhi' as a news agency under clause (22B) of section 10 of the Income-tax Act, 1961 for the assessment years 2000-2001 to 2002-2003, thereby treating it within the exempt category for those years. The notification additionally requires that the assessee shall regularly file its return of income before the income-tax authority in accordance with the Act.
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Tax exemption for news agencies: specification of United News of India with mandatory regular income tax return filing requirement.
The Central Government specifies "United News of India, New Delhi" as a news agency under clause (22B) of section 10 of the Income-tax Act, 1961 for the assessment years 2000-2001 to 2002-2003, thereby treating it within the exempt category for those years. The notification additionally requires that the assessee shall regularly file its return of income before the income-tax authority in accordance with the Act.
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