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Exemption from specified income U/s 10(46) – ‘Bellary Urban Development Authority’ notified

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....e Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, 'Bellary Urban Development Authority' (PAN AAALB0037A), an Authority constituted by the State Government of Karnataka, in respect of the following specified income arising to that Authority, namely: (a) Revenue from own layout development; (b) Collections on account of private layou....

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