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    <title>U/s 10(46) of the Income-tax Act, 1961 Central Government notifies ‘Kozhikode District Sports Council, Kozhikode’, a body constituted under Section 9 of the Kerala Sports Act, 2000 (Act 2 of 2001), in respect of the specified income arising to that body</title>
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    <description>Central Government notifies Kozhikode District Sports Council as entitled to exemption under section 10(46) in respect of specified income: grants from Government and State Sports Council; rent from Koyilandy Stadium and VKK Mendon Indoor Stadium shop rooms; and interest earned on those grants and rents. The exemption is conditional on the Council not engaging in commercial activity, maintaining unchanged activities and nature of specified income, and filing returns in accordance with clause (g) of sub section (4C) of section 139. The notification is deemed effective for assessment years 2016 17 to 2018 19 and applies to 2019 20 and 2020 21.</description>
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    <pubDate>Mon, 22 Oct 2018 00:00:00 +0530</pubDate>
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      <title>U/s 10(46) of the Income-tax Act, 1961 Central Government notifies ‘Kozhikode District Sports Council, Kozhikode’, a body constituted under Section 9 of the Kerala Sports Act, 2000 (Act 2 of 2001), in respect of the specified income arising to that body</title>
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      <description>Central Government notifies Kozhikode District Sports Council as entitled to exemption under section 10(46) in respect of specified income: grants from Government and State Sports Council; rent from Koyilandy Stadium and VKK Mendon Indoor Stadium shop rooms; and interest earned on those grants and rents. The exemption is conditional on the Council not engaging in commercial activity, maintaining unchanged activities and nature of specified income, and filing returns in accordance with clause (g) of sub section (4C) of section 139. The notification is deemed effective for assessment years 2016 17 to 2018 19 and applies to 2019 20 and 2020 21.</description>
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      <pubDate>Mon, 22 Oct 2018 00:00:00 +0530</pubDate>
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