Just a moment...

Top
Help
AI OCR

Convert scanned orders, printed notices, PDFs and images into clean, searchable, editable text within seconds. Starting at 2 Credits/page

Try Now
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

West Bengal Transport Workers' Social Security Scheme exempted from income tax u/s 10(46) for govt grants, cess, fees & interest income.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....The Central Government has notified 'West Bengal Transport Workers' Social Security Scheme' (PAN AAALW0133G) for exemption from specified income u/s 10(46) of the Income Tax Act, 1961. The exempted income includes government grants, cess under West Bengal Motor Transport Workers' Welfare Cess Act, 2010, registration fees from beneficiaries, and interest on bank deposits. The exemption is subject to conditions of non-engagement in commercial activities, unchanged nature of activities and income, and filing of income tax returns. It is applicable retrospectively from assessment years 2021-2022 to 2025-2026.....