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    <title>U/s 10(46) of the Income-tax Act, 1961 Central Government notifies ‘Karnataka State Unorganised Workers Social Security Board’, Bengaluru, a board constituted by the Government of Karnataka, in respect of the specified income arising to that board</title>
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    <description>Notification under section 10(46) notifies Karnataka State Unorganised Workers Social Security Board, Bengaluru, to exclude specified income consisting of State Government Grant-in-Aid and interest earned thereon, subject to conditions that the board shall not engage in commercial activity, maintain unchanged activities and nature of specified income across financial years, and file income tax returns under clause (g) of sub-section (4C) of section 139; the notification applies retrospectively to assessment years 2017-18 and 2018-19 and for subsequent assessment years through 2021-22.</description>
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      <description>Notification under section 10(46) notifies Karnataka State Unorganised Workers Social Security Board, Bengaluru, to exclude specified income consisting of State Government Grant-in-Aid and interest earned thereon, subject to conditions that the board shall not engage in commercial activity, maintain unchanged activities and nature of specified income across financial years, and file income tax returns under clause (g) of sub-section (4C) of section 139; the notification applies retrospectively to assessment years 2017-18 and 2018-19 and for subsequent assessment years through 2021-22.</description>
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