https://www.taxtmi.com/caselaws?id=30330 The Explanation inserted into Section 10(20) of the Income-tax Act, 1961 gives an exhaustive definition of "local authority" and limits the exemption to Panchayat, Municipality, Municipal Committee, District Board and Cantonment Board. The earlier broader functional and incorporation tests under Section 3(31) of the General Clauses Act, 1897 cannot be imported after the 2002 amendment because the omission of "other authority" was treated as deliberate. An Agricultural Market Committee does not fall within any of the expressly named categories and is therefore not entitled to exemption under Section 10(20) after the amendment. en-us Thu, 21 Aug 2008 00:00:00 +0530 Tue, 04 Nov 2025 15:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30330 The Explanation inserted into Section 10(20) of the Income-tax Act, 1961 gives an exhaustive definition of "local authority" and limits the exemption to Panchayat, Municipality, Municipal Committee, District Board and Cantonment Board. The earlier broader functional and incorporation tests under Section 3(31) of the General Clauses Act, 1897 cannot be imported after the 2002 amendment because the omission of "other authority" was treated as deliberate. An Agricultural Market Committee does not fall within any of the expressly named categories and is therefore not entitled to exemption under Section 10(20) after the amendment. Case-Laws Income Tax Thu, 21 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30330