National Aviation Security Fee Trust Notified under Section 10(46)

Notification No: S.O. 4983 (E)

Notification Date: November 19, 2024

Relevant Act/Rules: Income Tax Act, 1961
 

The Central Government has notified the National Aviation Security Fee Trust under Section 10(46) of the Income-tax Act, exempting specified incomes such as grants, aviation security fees, escrow account transfers, and bank interest from taxation for FYs 2024-25 to 2028-29, subject to conditions like non-engagement in commercial activities and filing of returns.

 

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