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    <title>Exemption from specified income U/s 10(46) – &#039;Uttar Pradesh Real Estate Regulatory Authority&#039;, notified</title>
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    <description>Notification under clause (46) of section 10 exempts specified incomes of the Uttar Pradesh Real Estate Regulatory Authority: government grants or loans/advances; fees and penalties under the Real Estate (Regulation and Development) Act; RTI fees; and interest on bank deposits. The exemption is conditional on the Authority not undertaking commercial activity, maintaining unchanged activities and income nature across financial years, and filing returns under clause (g) of sub-section (4C) of section 139 of the Income-tax Act.</description>
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      <description>Notification under clause (46) of section 10 exempts specified incomes of the Uttar Pradesh Real Estate Regulatory Authority: government grants or loans/advances; fees and penalties under the Real Estate (Regulation and Development) Act; RTI fees; and interest on bank deposits. The exemption is conditional on the Authority not undertaking commercial activity, maintaining unchanged activities and income nature across financial years, and filing returns under clause (g) of sub-section (4C) of section 139 of the Income-tax Act.</description>
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