https://www.taxtmi.com/notifications?id=142286 Exemption under clause (46) of section 10 is notified for SAMEER, Mumbai, limited to specified income streams: government grants; fees for test, measurement and consultancy; design and development charges in RF/microwave and allied areas; royalty and technology transfer receipts; miscellaneous income per its Memorandum of Association; and interest on bank deposits. The exemption is subject to conditions that the Society shall not undertake commercial activity, shall maintain unchanged activities and specified income across the financial year(s), and shall comply with the prescribed return-filing requirement. The notification is given retrospective effect for specified assessment years. en-us Wed, 24 Jul 2024 00:00:00 +0530 Thu, 25 Jul 2024 16:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=142286 Exemption under clause (46) of section 10 is notified for SAMEER, Mumbai, limited to specified income streams: government grants; fees for test, measurement and consultancy; design and development charges in RF/microwave and allied areas; royalty and technology transfer receipts; miscellaneous income per its Memorandum of Association; and interest on bank deposits. The exemption is subject to conditions that the Society shall not undertake commercial activity, shall maintain unchanged activities and specified income across the financial year(s), and shall comply with the prescribed return-filing requirement. The notification is given retrospective effect for specified assessment years. Notifications Income Tax Wed, 24 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/notifications?id=142286