https://www.taxtmi.com/notifications?id=126997 Notification designates Uttaranchal Board of Technical Education as eligible for exemption for specified income comprising grants/subsidies; fees, fines and penalties under the State Act; sale receipts for application forms and educational material; disposal of assets and scrap; rent from let properties; royalty or licence fees for technical knowledge and infrastructure; and interest on those receipts. The exemption is subject to conditions: the Board must not undertake commercial activity, maintain unchanged activities and income character across financial years, and file income-tax returns as prescribed. The notification applies retrospectively to a stated assessment year and to several subsequent assessment years. en-us Mon, 08 Oct 2018 00:00:00 +0530 Thu, 11 Oct 2018 11:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=126997 Notification designates Uttaranchal Board of Technical Education as eligible for exemption for specified income comprising grants/subsidies; fees, fines and penalties under the State Act; sale receipts for application forms and educational material; disposal of assets and scrap; rent from let properties; royalty or licence fees for technical knowledge and infrastructure; and interest on those receipts. The exemption is subject to conditions: the Board must not undertake commercial activity, maintain unchanged activities and income character across financial years, and file income-tax returns as prescribed. The notification applies retrospectively to a stated assessment year and to several subsequent assessment years. Notifications Income Tax Mon, 08 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=126997