Tax exemption for National Mission for Clean Ganga: specified income exempted subject to non-commercial and filing conditions. Notification exempts specified income of the National Mission for Clean Ganga limited to grants-in-aid from the Government of India and interest on bank deposits, subject to conditions that the Authority shall not engage in commercial activity, the activities and nature of specified income remain unchanged, and the Authority files its return of income as prescribed; the notification is deemed to apply retrospectively to specified assessment years.
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Provisions expressly mentioned in the judgment/order text.
Tax exemption for National Mission for Clean Ganga: specified income exempted subject to non-commercial and filing conditions.
Notification exempts specified income of the National Mission for Clean Ganga limited to grants-in-aid from the Government of India and interest on bank deposits, subject to conditions that the Authority shall not engage in commercial activity, the activities and nature of specified income remain unchanged, and the Authority files its return of income as prescribed; the notification is deemed to apply retrospectively to specified assessment years.
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