Exemption under clause (46) of section 10: specified incomes of Uttar Pradesh Expressways Industrial Development Authority exempted subject to compliance. Notification under clause (46) of section 10 notifies Uttar Pradesh Expressways Industrial Development Authority as eligible for exemption on specified incomes: state government grants; receipts from disposal of land, buildings and other properties; rent, fees and other charges from such disposals; income from tender, document and license fees; and interest on bank deposits and on these receipts. The exemption is conditional on no engagement in commercial activity, unchanged activities and specified incomes across financial years, and filing returns as required under the specified return filing provision; applied for assessment year 2023 2024.
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 clause (46) of section 10: specified incomes of Uttar Pradesh Expressways Industrial Development Authority exempted subject to compliance.
Notification under clause (46) of section 10 notifies Uttar Pradesh Expressways Industrial Development Authority as eligible for exemption on specified incomes: state government grants; receipts from disposal of land, buildings and other properties; rent, fees and other charges from such disposals; income from tender, document and license fees; and interest on bank deposits and on these receipts. The exemption is conditional on no engagement in commercial activity, unchanged activities and specified incomes across financial years, and filing returns as required under the specified return filing provision; applied for assessment year 2023 2024.
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