Tax exemption under section 10(46) extends specified income relief to notified Legal Services Committee, subject to conditions. Notification under section 10(46) notifies the High Court Legal Services Committee (PAN AAAAH6532R) as exempt in respect of specified income: costs imposed by the Punjab & Haryana High Court; grants received from Central and State Governments, government agencies and other authorities for purposes of the Legal Services Authorities Act, 1987; and interest on bank deposits. The exemption is conditional on absence of commercial activity, unchanged activities and income nature, and filing returns under clause (g) of sub-section (4C) of section 139. The notification is retrospective for certain assessment years and applies to subsequent assessment years as specified.
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.
Tax exemption under section 10(46) extends specified income relief to notified Legal Services Committee, subject to conditions.
Notification under section 10(46) notifies the High Court Legal Services Committee (PAN AAAAH6532R) as exempt in respect of specified income: costs imposed by the Punjab & Haryana High Court; grants received from Central and State Governments, government agencies and other authorities for purposes of the Legal Services Authorities Act, 1987; and interest on bank deposits. The exemption is conditional on absence of commercial activity, unchanged activities and income nature, and filing returns under clause (g) of sub-section (4C) of section 139. The notification is retrospective for certain assessment years and applies to subsequent assessment years as specified.
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