Exemption under section 10(46) for Dental Council of India covers specified incomes, subject to non commercial and filing conditions. Central Government notifies clause (46) of section 10 to exempt Dental Council of India, New Delhi in respect of specified income: fees and subscriptions; income from royalty and publications; grants and subsidies from Government; and interest income from banks. The exemption is conditional on no commercial activity, unchanged activities and nature of specified income across financial years, and filing returns under clause (g) of sub section (4C) of section 139. The notification is deemed effective for assessment year 2023-2024.
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Provisions expressly mentioned in the judgment/order text.
Exemption under section 10(46) for Dental Council of India covers specified incomes, subject to non commercial and filing conditions.
Central Government notifies clause (46) of section 10 to exempt Dental Council of India, New Delhi in respect of specified income: fees and subscriptions; income from royalty and publications; grants and subsidies from Government; and interest income from banks. The exemption is conditional on no commercial activity, unchanged activities and nature of specified income across financial years, and filing returns under clause (g) of sub section (4C) of section 139. The notification is deemed effective for assessment year 2023-2024.
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