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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Press Trust of India designated as news agency under Income-tax Act Section 10(22B) for 2003-2006 assessment years.</h1> The Central Government has designated The Press Trust of India Limited, New Delhi, as a news agency under Section 10(22B) of the Income-tax Act, 1961. This specification applies to the agency for the assessment years 2003-2004 to 2005-2006. The designation allows the agency to benefit from the provisions of the said section, which pertains to entities involved in the collection and distribution of news. This notification was issued under Notification No. 8 of 2003, dated January 7, 2003.
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