https://www.taxtmi.com/highlights?id=102191 Income arising to the Chhattisgarh Real Estate Regulatory Authority from government grants, loans or advances, regulatory fees and penalties, and interest on those receipts is notified for exemption under section 10(46) of the Income-tax Act, 1961. The exemption applies subject to the authority not undertaking commercial activity, maintaining unchanged activities and income character, and filing its income-tax return as required. Non-compliance may trigger penal action and withdrawal of the exemption. The notification is deemed applicable for assessment years 2024-25 through 2026-27, under the savings provisions governing the repeal of the 1961 Act. en-us Wed, 29 Jul 2026 14:44:29 +0530 Wed, 29 Jul 2026 14:44:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=102191 Income arising to the Chhattisgarh Real Estate Regulatory Authority from government grants, loans or advances, regulatory fees and penalties, and interest on those receipts is notified for exemption under section 10(46) of the Income-tax Act, 1961. The exemption applies subject to the authority not undertaking commercial activity, maintaining unchanged activities and income character, and filing its income-tax return as required. Non-compliance may trigger penal action and withdrawal of the exemption. The notification is deemed applicable for assessment years 2024-25 through 2026-27, under the savings provisions governing the repeal of the 1961 Act. Highlights Income Tax Wed, 29 Jul 2026 14:44:29 +0530 https://www.taxtmi.com/highlights?id=102191