Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Central Government Exempts Himachal Pradesh E-Governance Society from Certain Income u/s 10(46) of Income-tax Act.</h1> The Central Government has issued Notification No. 75/2023, effective from September 1, 2023, exempting the 'E-Governance Society, Department of Food, Civil Supplies and Consumer Affairs, Himachal Pradesh' from specified income under Section 10(46) of the Income-tax Act, 1961. The exempted income includes grants from the central and state governments, interest on investments and grants, tender/application fees, sale of scrap/waste paper, and recovery for POS machines. The exemption is subject to conditions that the society does not engage in commercial activities, maintains the nature of income, and files returns as per the Act. This applies retrospectively for the assessment year 2023-2024.