Income exemption under section 10(46) exempts specified grants, donations, fees and interest subject to non commercial and filing conditions. Notification designates District Legal Service Authority in Haryana as a class of body under clause (46) of section 10 of the Income tax Act, exempting specified income: grants from judicial and legal services authorities, government grants or donations for the Legal Services Authorities Act, amounts under court orders, recruitment application fees and bank interest. The exemption is conditional on absence of commercial activity, unchanged nature of activities and income across financial years, and filing returns as required by clause (g) of sub section (4C) of section 139. The notification is applied retrospectively to assessment year 2024-2025 and lists the covered Authorities with PANs.
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.
Income exemption under section 10(46) exempts specified grants, donations, fees and interest subject to non commercial and filing conditions.
Notification designates District Legal Service Authority in Haryana as a class of body under clause (46) of section 10 of the Income tax Act, exempting specified income: grants from judicial and legal services authorities, government grants or donations for the Legal Services Authorities Act, amounts under court orders, recruitment application fees and bank interest. The exemption is conditional on absence of commercial activity, unchanged nature of activities and income across financial years, and filing returns as required by clause (g) of sub section (4C) of section 139. The notification is applied retrospectively to assessment year 2024-2025 and lists the covered Authorities with PANs.
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