TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Income Exemption for Wildlife Conservation Trust Under Section 10(46A) of Income-tax Act</h1> The Central Government exempts specified income of a government-established wildlife conservation trust under section 10(46A) of the Income-tax Act, 1961. The exempt income includes fees from visitor services, license fees from forest land, proceeds from sale of forest produce, government and NGO funds, prize money, and bank interest. The exemption is subject to conditions that the trust must not engage in commercial activities, maintain the nature of specified income, and file income tax returns as prescribed. This notification applies retrospectively from assessment year 2022-2023 through 2025-2026 and prospectively for 2026-2027. No party is adversely affected by the retrospective application.
TaxTMI 