https://www.taxtmi.com/notifications?id=133517 Notification designates National Aviation Security Fee Trust as a notified trust for exemption of specified income comprising ministry approved grants or subsidies, aviation security fee collections, escrow transfers of passenger service fee security component, and interest/dividend on invested collections when used for trust objectives. The exemption is conditional on non commerciality, unchanged activities and income composition, filing of returns under prescribed provisions, and submission of an audit report with a chartered accountant's certificate confirming compliance. en-us Mon, 13 Jul 2020 00:00:00 +0530 Wed, 15 Jul 2020 09:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=133517 Notification designates National Aviation Security Fee Trust as a notified trust for exemption of specified income comprising ministry approved grants or subsidies, aviation security fee collections, escrow transfers of passenger service fee security component, and interest/dividend on invested collections when used for trust objectives. The exemption is conditional on non commerciality, unchanged activities and income composition, filing of returns under prescribed provisions, and submission of an audit report with a chartered accountant's certificate confirming compliance. Notifications Income Tax Mon, 13 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=133517