https://www.taxtmi.com/notifications?id=141105 Notification under clause (46) of section 10 notifies Punjab Infrastructure Regulatory Authority as entitled to exemption for specified incomes: grants from State Government, sums from other sources including arbitration fees fixed under Authority regulations, and bank interest. The exemption is subject to conditions: no engagement in commercial activity, unchanged activities and income nature across the relevant financial years, and filing of income tax return as required by clause (g) of sub-section (4C) of section 139. The notification is applied retrospectively to the stated assessment years. en-us Mon, 06 Nov 2023 00:00:00 +0530 Tue, 07 Nov 2023 18:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=141105 Notification under clause (46) of section 10 notifies Punjab Infrastructure Regulatory Authority as entitled to exemption for specified incomes: grants from State Government, sums from other sources including arbitration fees fixed under Authority regulations, and bank interest. The exemption is subject to conditions: no engagement in commercial activity, unchanged activities and income nature across the relevant financial years, and filing of income tax return as required by clause (g) of sub-section (4C) of section 139. The notification is applied retrospectively to the stated assessment years. Notifications Income Tax Mon, 06 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/notifications?id=141105