UIDAI exempted from income tax on govt grants, fees, interest u/s 10(46) for 5 yrs till 2028-29. Conditions apply. No commercial activity. https://www.taxtmi.com/highlights?id=80438 Notification grants exemption from specified income u/s 10(46) of Income Tax Act 1961 to Unique Identification Authority of India (UIDAI), a statutory body under Aadhaar Act 2016, for grants/subsidies from Central Government, fees/subscriptions, authentication/enrolment/updation charges, term deposits, interest on bank deposits. Conditions - no commercial activity, nature of income unchanged, filing return u/s 139(4C)(g). Applicable for assessment years 2024-25 to 2028-29 and relevant financial years 2023-24 to 2027-28. en-us Wed, 14 Aug 2024 17:03:08 +0530 Wed, 14 Aug 2024 17:03:08 +0530 TaxTMI RSS Generator UIDAI exempted from income tax on govt grants, fees, interest u/s 10(46) for 5 yrs till 2028-29. Conditions apply. No commercial activity. https://www.taxtmi.com/highlights?id=80438 Notification grants exemption from specified income u/s 10(46) of Income Tax Act 1961 to Unique Identification Authority of India (UIDAI), a statutory body under Aadhaar Act 2016, for grants/subsidies from Central Government, fees/subscriptions, authentication/enrolment/updation charges, term deposits, interest on bank deposits. Conditions - no commercial activity, nature of income unchanged, filing return u/s 139(4C)(g). Applicable for assessment years 2024-25 to 2028-29 and relevant financial years 2023-24 to 2027-28. Highlights Income Tax Wed, 14 Aug 2024 17:03:08 +0530 https://www.taxtmi.com/highlights?id=80438