Exemption under section 10(46): specified institutional income exempted subject to conditions and retrospective application and filing requirement. Notification under clause (46) of section 10 exempts specified income of Chhattisgarh Rajya Beej Pramanikaran Sanstha-grants from Central and State Governments; application, certification and service fees; and interest on deposits and those receipts-subject to conditions that the body shall not engage in commercial activity, the activities and nature of the specified income remain unchanged, and the body complies with the required return filing. The notification is applied retrospectively for assessment years 2019 2020 to 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 section 10(46): specified institutional income exempted subject to conditions and retrospective application and filing requirement.
Notification under clause (46) of section 10 exempts specified income of Chhattisgarh Rajya Beej Pramanikaran Sanstha-grants from Central and State Governments; application, certification and service fees; and interest on deposits and those receipts-subject to conditions that the body shall not engage in commercial activity, the activities and nature of the specified income remain unchanged, and the body complies with the required return filing. The notification is applied retrospectively for assessment years 2019 2020 to 2023 2024.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
