Thursday, October 11, 2018

CBDT notifies certain entities for exemption under section 10(46)

The Central Board of Direct Taxes (CBDT) has notified ‘Hyderabad Metropolitan Water Supply and Sewerage Board’, Karnataka State Unorganized Workers Social Security Board’, Uttaranchal Board of technical education’, Real Estate Regulatory Authority Punjab’, ‘Madhya Pradesh Electricity Regulatory Commission’ and ‘Kerala State Electricity Regulatory Commission’ for the purposes of the clause (46) of section 10 of the Income-tax Act, 1961.

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