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    <title>Exemption from specified income U/s 10(46) – Notifies ‘Punjab Nurses Registration Council’</title>
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    <description>Notification grants Section 10(46) exemption to Punjab Nurses Registration Council for fees from students and affiliated institutions and interest on bank deposits, subject to conditions that the Council shall not engage in commercial activity, its activities and the nature of the specified income remain unchanged, and it files income-tax returns as required by clause (g) of sub section (4C) of section 139; the notification is effective retrospectively for the relevant assessment years.</description>
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      <description>Notification grants Section 10(46) exemption to Punjab Nurses Registration Council for fees from students and affiliated institutions and interest on bank deposits, subject to conditions that the Council shall not engage in commercial activity, its activities and the nature of the specified income remain unchanged, and it files income-tax returns as required by clause (g) of sub section (4C) of section 139; the notification is effective retrospectively for the relevant assessment years.</description>
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