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    <title>Exemption from specified income U/s 10(46) – &#039;Karmayogi Bharat&#039;, notified</title>
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    <description>Notification designates Karmayogi Bharat, a government owned charitable company, as exempt under clause (46) of section 10 in respect of specified income: grants/subsidies from government bodies; subscription, assessment and onboarding fees; receipts from sale of forms, materials, scrap and tender fees; and interest from banks and government securities and bonds. The exemption is subject to conditions prohibiting commercial activity, requiring unchanged activities and income character across financial years, and mandating prescribed filing of return of income. The notification is applicable for the stated sequence of assessment years.</description>
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    <pubDate>Fri, 05 Jan 2024 00:00:00 +0530</pubDate>
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      <description>Notification designates Karmayogi Bharat, a government owned charitable company, as exempt under clause (46) of section 10 in respect of specified income: grants/subsidies from government bodies; subscription, assessment and onboarding fees; receipts from sale of forms, materials, scrap and tender fees; and interest from banks and government securities and bonds. The exemption is subject to conditions prohibiting commercial activity, requiring unchanged activities and income character across financial years, and mandating prescribed filing of return of income. The notification is applicable for the stated sequence of assessment years.</description>
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      <pubDate>Fri, 05 Jan 2024 00:00:00 +0530</pubDate>
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