Mussoorie Dehradun Development Authority granted tax exemption on specified income, effective subject to continued qualification and retrospective effect. Central Government notifies tax exemption for Mussoorie Dehradun Development Authority as an authority under clause (46A) of section 10 of the Income tax Act, recognising its constitution under the Uttar Pradesh Urban Planning Development Act and regulation under the Uttarakhand amendment; the notification is effective from the assessment year 2024-25, conditional on the Authority continuing to meet the statutory purposes specified in sub clause (a) of clause (46A), with retrospective effect certified by the explanatory memorandum.
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Mussoorie Dehradun Development Authority granted tax exemption on specified income, effective subject to continued qualification and retrospective effect.
Central Government notifies tax exemption for Mussoorie Dehradun Development Authority as an authority under clause (46A) of section 10 of the Income tax Act, recognising its constitution under the Uttar Pradesh Urban Planning Development Act and regulation under the Uttarakhand amendment; the notification is effective from the assessment year 2024-25, conditional on the Authority continuing to meet the statutory purposes specified in sub clause (a) of clause (46A), with retrospective effect certified by the explanatory memorandum.
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