U/s 10(46) of IT Act 1961 - Central Government notifies 'National Skill Development Corporation' in respect of the specified income arising to that body
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....the 21st January, 2022 S.O. 294(E).-In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, National Skill Development Corporation, a body constituted by Central Government, in respect of the following specified income arising to that Corporation, namely:- (a) ....
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....neous income, like sale of scrap, Profit on sale of assets, RTI application fees, forfeiture 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 co....
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