Exemption to specified income in the hands of National Skill Development Corporation u/s 10(46)

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....entral Government in exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961(43 of 1961), hereby notifies for the purposes of the said clause, 'National Skill Development Corporation' (PAN AACCN8680L), a body constituted by the Central Government, in respect of the following specified income arising to that body, namely:- (a) Amount received in the form of Gover....

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.... of Bank Guarantee, interest on income tax refund, excess provision written back; and (j) Interest earned on (a) to (i) above. 2. The provisions of this notification shall be effective subject to the conditions that National Skill Development Corporation,- (a) shall not engage in any commercial activity; (b) activities and the nature of the specified income remain unchanged throughout the f....