Tax exemption for specified income, conditioned on no commercial activity and prescribed income tax filing requirements. Notification designates Punjab Dental Council, Mohali as exempt under clause (46) of section 10 for specified income comprising registration/renewal receipts from doctors and interest on FDR-held surpluses, conditional on no commercial activity, unchanged activities and income nature, and filing of return per clause (g) of sub-section (4C) of section 139; the notification is retrospective to assessment years relevant to financial years 2021-22 and 2022-23.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption for specified income, conditioned on no commercial activity and prescribed income tax filing requirements.
Notification designates Punjab Dental Council, Mohali as exempt under clause (46) of section 10 for specified income comprising registration/renewal receipts from doctors and interest on FDR-held surpluses, conditional on no commercial activity, unchanged activities and income nature, and filing of return per clause (g) of sub-section (4C) of section 139; the notification is retrospective to assessment years relevant to financial years 2021-22 and 2022-23.
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