<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Granting Tax Exemption to Fees Regulating Authority in respect of the specified Income under Section 10(46) of the Income-tax Act, 1961 and section 536(2)(a)/(b) of the Income-tax Act, 2025.</title>
    <link>https://www.taxtmi.com/notifications?id=146393</link>
    <description>Tax exemption is notified for the specified income of the Fees Regulating Authority under the repealed Income-tax Act, 1961, preserved through transitional provisions of the Income-tax Act, 2025. Exempt income includes institutional processing fees, interest, penalties and charges, government reimbursements and grants, and interest from deposits and investments. The Authority must not engage in commercial activity, must keep its activities and income nature unchanged, and must file the prescribed income-tax return. Non-compliance may attract penal action and withdrawal of exemption.</description>
    <language>en-us</language>
    <pubDate>Mon, 27 Jul 2026 00:00:00 +0530</pubDate>
    <lastBuildDate>Wed, 05 Aug 2026 11:27:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=913958" rel="self" type="application/rss+xml"/>
    <item>
      <title>Granting Tax Exemption to Fees Regulating Authority in respect of the specified Income under Section 10(46) of the Income-tax Act, 1961 and section 536(2)(a)/(b) of the Income-tax Act, 2025.</title>
      <link>https://www.taxtmi.com/notifications?id=146393</link>
      <description>Tax exemption is notified for the specified income of the Fees Regulating Authority under the repealed Income-tax Act, 1961, preserved through transitional provisions of the Income-tax Act, 2025. Exempt income includes institutional processing fees, interest, penalties and charges, government reimbursements and grants, and interest from deposits and investments. The Authority must not engage in commercial activity, must keep its activities and income nature unchanged, and must file the prescribed income-tax return. Non-compliance may attract penal action and withdrawal of exemption.</description>
      <category>Notifications</category>
      <law>Income Tax</law>
      <pubDate>Mon, 27 Jul 2026 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/notifications?id=146393</guid>
    </item>
  </channel>
</rss>