Exemption under section 10(46): Punjab Nurses Registration Council's fees and bank interest exempted subject to conditions and return filing. Notification grants Section 10(46) exemption to Punjab Nurses Registration Council for fees from students and affiliated institutions and interest on bank deposits, subject to conditions that the Council shall not engage in commercial activity, its activities and the nature of the specified income remain unchanged, and it files income-tax returns as required by clause (g) of sub section (4C) of section 139; the notification is effective retrospectively for the relevant assessment years.
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(46): Punjab Nurses Registration Council's fees and bank interest exempted subject to conditions and return filing.
Notification grants Section 10(46) exemption to Punjab Nurses Registration Council for fees from students and affiliated institutions and interest on bank deposits, subject to conditions that the Council shall not engage in commercial activity, its activities and the nature of the specified income remain unchanged, and it files income-tax returns as required by clause (g) of sub section (4C) of section 139; the notification is effective retrospectively for the relevant assessment years.
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