https://www.taxtmi.com/notifications?id=146291 The Baddi Barotiwala Nalagarh Development Authority is notified for exemption under section 10(46) of the Income-tax Act, 1961 in respect of government grants, revenue receipts under the Himachal Pradesh Town and Country Planning Act, 1977, and interest on bank deposits. The exemption requires that the Authority undertake no commercial activity, retain unchanged activities and income character, and file its return under section 139(4C)(g). Non-compliance may result in penal action and withdrawal of exemption. The notification applies to assessment years 2019-20 through 2023-24. en-us Mon, 13 Jul 2026 00:00:00 +0530 Tue, 14 Jul 2026 17:38:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=146291 The Baddi Barotiwala Nalagarh Development Authority is notified for exemption under section 10(46) of the Income-tax Act, 1961 in respect of government grants, revenue receipts under the Himachal Pradesh Town and Country Planning Act, 1977, and interest on bank deposits. The exemption requires that the Authority undertake no commercial activity, retain unchanged activities and income character, and file its return under section 139(4C)(g). Non-compliance may result in penal action and withdrawal of exemption. The notification applies to assessment years 2019-20 through 2023-24. Notifications Income Tax Mon, 13 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/notifications?id=146291