exempt income

  • Income Tax

CBDT notifies MIC Redwood 1 RSC Limited, Abu Dhabi, UAE Sovereign wealth fund u/s 10(23FE)

CBDT notifies MIC Redwood 1 RSC Limited, Abu Dhabi, UAE Sovereign wealth fund as specified person u/s 10(23FE) for income…

3 years ago
  • Income Tax

CBDT notifies L&T Infra Debt Fund as Infrastructure Debt Fund u/s 10(47)

CBDT notifies L&T Infra Debt Fund as Infrastructure Debt Fund u/s 10(47) of the Income Tax Act for assessment year…

4 years ago
  • Income Tax

Conditions to be satisfied by pension fund for exemption u/s 10(23FE)

Conditions to be satisfied by pension fund for exemption u/s 10(23FE). Guidelines for notification MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD…

4 years ago
  • Income Tax

Interest awarded in motor accident claim cases from the date of Claim Petition till award not taxable

Interest awarded in motor accident claim cases from the date of the Claim Petition till passing of award/judgment not taxable,…

5 years ago
  • Income Tax

Income of Bangalore Water Supply and Sewerage Board exempted u/s 10(46) for 5 Assessment Years

Income of Bangalore Water Supply and Sewerage Board exempted u/s 10(46) for 5 Assessment Years MINISTRY OF FINANCE(Department of Revenue)(CENTRAL…

5 years ago
  • Income Tax

Income of Joint Electricity Regulatory Commission Goa notified exempt u/s 10(46)

Joint Electricity Regulatory Commission Goa notified u/s 10(46). Income from Petition/Licence fees and Interest earned to be exempt  MINISTRY OF FINANCE…

5 years ago
  • Income Tax

Exempted income can not be taxed even if no revised return filed. AO in proceedings u/s 143 can not refuse to grant relief on such technical plea

Exempted income can not be taxed even if no revised return filed. AO in proceedings u/s 143 can not refuse…

6 years ago
  • Income Tax

Exempt salary received in NRE account not taxable on receipt basis – Calcutta High Court

Exempt salary received in NRE account not taxable on receipt basis merely because the foreign employers remitted salary to the…

7 years ago
  • Income Tax

No need to Exempt interest on minor Maintenance deposit us 64 when the money is deposited in favour of child on the direction of the Court-Law Commission

No need to Exempt interest on minor Maintenance deposit us 64 when the money is deposited in favour of child…

7 years ago