The Press Trust of India Limited, New Delhi, notified as a news agency for the purposes of Section 10(22B) of the Income-tax Act, 1961 for the A.Y. 2006-2007 to 2008-2009 - 131/2006 - Income Tax Act, 1961
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News agency recognition granted subject to income applied solely to news collection and distribution, not distributed to members. The Central Government specified The Press Trust of India Limited as a news agency under the tax exemption provision for assessment years 2006-2007 to 2008-2009, on the condition that the agency's income is applied or accumulated solely for collection and distribution of news and is not distributed to its members.
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.
News agency recognition granted subject to income applied solely to news collection and distribution, not distributed to members.
The Central Government specified The Press Trust of India Limited as a news agency under the tax exemption provision for assessment years 2006-2007 to 2008-2009, on the condition that the agency's income is applied or accumulated solely for collection and distribution of news and is not distributed to its members.
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