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<h1>Central Government Exempts Maharashtra Council of Homoeopathy Income from Tax u/s 10(46) for FY 2022-2023.</h1> The Central Government has issued Notification No. 101/2023, dated November 24, 2023, under section 10(46) of the Income-tax Act, 1961, exempting specified income of the 'Maharashtra Council of Homoeopathy' from tax. The exempted income includes fees from members/doctors, fees from professional seminars/conferences, and interest on bank deposits. Conditions for this exemption include the council not engaging in commercial activities, maintaining the nature of income, and filing income returns as per section 139(4C)(g). The notification applies retrospectively for the assessment year 2023-2024, covering the financial year 2022-2023.