CBDT Grants Income Tax Exemption to District Mineral Foundation Trust u/s 10(46) [Read Notification]

CBDT - CBDT Grants Income Tax Exemption - Income Tax Exemption - taxscan

The Central Board of Direct Taxes (CBDT), vide notification no. S.O. 4342(E) issued on 4th October 2023 has notified the income tax exemption to ‘District Mineral Foundation (DMF) Trust’ under Section 10(46) of Income Tax Act, 1961. The 304 trusts under the DMF of different states were exempted from the income tax. The income tax…

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