https://www.taxtmi.com/notifications?id=128030 Notification designates Real Estate Regulatory Authorities constituted under the Real Estate (Regulation and Development) Act, 2016 as a class of Authority for exemption of specified income: grant in aid or government loans/advances, fees/penalties from stakeholders under the Act, and interest on those receipts. The exemption is conditional on non engagement in commercial activity, unchanged activities and income character across financial years, and filing returns under clause (g) of sub section (4C) of section 139. The notification is applied retrospectively to assessment year 2018 19 and to subsequent assessment years listed in the notification schedule. en-us Wed, 30 Jan 2019 00:00:00 +0530 Tue, 11 Jun 2019 17:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=128030 Notification designates Real Estate Regulatory Authorities constituted under the Real Estate (Regulation and Development) Act, 2016 as a class of Authority for exemption of specified income: grant in aid or government loans/advances, fees/penalties from stakeholders under the Act, and interest on those receipts. The exemption is conditional on non engagement in commercial activity, unchanged activities and income character across financial years, and filing returns under clause (g) of sub section (4C) of section 139. The notification is applied retrospectively to assessment year 2018 19 and to subsequent assessment years listed in the notification schedule. Notifications Income Tax Wed, 30 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=128030