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>Tax exemption on specified income of Karnataka State Rural Livelihood Promotion Society granted, subject to non-commercial and filing conditions and possible withdrawal.</h1> Notification under tax law grants exemption for specified income of a state-constituted rural livelihood society: exemptions cover grants from the Central Government, grants from the State Government, and interest on bank deposits, and are effective for specified assessment years including retrospective application. Exemption is conditional on absence of commercial activity, continuity of activities and nature of specified income, and compliance with prescribed income-tax return filing; noncompliance permits penal action and withdrawal of the exemption. Applicability is limited to listed assessment years and future specified years, with an explanatory memorandum certifying no adverse persons from retrospective effect.
TaxTMI 
TaxTMI 
