Menu
The Central Government notifies the Central Silk Board, Bengaluru (PAN: AAALC0093M), under Section 10(46) of the Income-tax Act, exempting specified incomes such as grants, royalties, fees, penalties, and interest. Conditions include no engagement in commercial activity, unchanged income nature, and filing returns per clause (g) of Section 139(4C). The exemption applies for AY 2024-25 to AY 2028-29.
Disclaimer: The information contained in this Article is intended solely for personal non-commercial use of the user who accepts full responsibility of its use. The information in the article is general in nature and should not be considered to be legal, tax, accounting, consulting or any other professional advice. We make no representation or warranty of any kind, express or implied regarding the accuracy, adequacy, reliability or completeness of any information on our page/article.