https://www.taxtmi.com/highlights?id=93457 The Central Government has notified that a state seed and organic certification agency constituted under the Seeds Act, 1966 qualifies as an authority for exemption of specified income under sub-clause (b) of clause (46A) of section 10 of the Income-tax Act; the notification is effective from assessment year 2024-25, conditional on the agency continuing to meet the qualifying purposes in sub-clause (a) of clause (46A). The explanatory memorandum states no person is adversely affected by retrospective effect. en-us Fri, 17 Oct 2025 10:04:45 +0530 Fri, 17 Oct 2025 10:04:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=93457 The Central Government has notified that a state seed and organic certification agency constituted under the Seeds Act, 1966 qualifies as an authority for exemption of specified income under sub-clause (b) of clause (46A) of section 10 of the Income-tax Act; the notification is effective from assessment year 2024-25, conditional on the agency continuing to meet the qualifying purposes in sub-clause (a) of clause (46A). The explanatory memorandum states no person is adversely affected by retrospective effect. Highlights Income Tax Fri, 17 Oct 2025 10:04:45 +0530 https://www.taxtmi.com/highlights?id=93457