https://www.taxtmi.com/notifications?id=133304 Notification under section 10(46) declares Real Estate Regulatory Authority as a class of Authority for exemption of specified income: government grants/loans, fees/penalties from stakeholders under the Real Estate (Regulation and Development) Act, 2016, and interest on those receipts. The exemption is conditional on the Authority not engaging in commercial activity, maintaining the unchanged nature of activities and specified income across financial years, filing returns under clause (g) of sub section (4C) of section 139, and submitting an audit report with a chartered accountant's certificate confirming compliance. en-us Thu, 25 Jun 2020 00:00:00 +0530 Fri, 26 Jun 2020 10:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=133304 Notification under section 10(46) declares Real Estate Regulatory Authority as a class of Authority for exemption of specified income: government grants/loans, fees/penalties from stakeholders under the Real Estate (Regulation and Development) Act, 2016, and interest on those receipts. The exemption is conditional on the Authority not engaging in commercial activity, maintaining the unchanged nature of activities and specified income across financial years, filing returns under clause (g) of sub section (4C) of section 139, and submitting an audit report with a chartered accountant's certificate confirming compliance. Notifications Income Tax Thu, 25 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=133304