CBDT Grants Income Tax Exemption to Madhya Pradesh Professional Examination Board u/s 10(46) [Read Notification]

The CBDT has exempted Madhya Pradesh Professional Examination Board from Income Tax under Section 10(46) of Income Tax Act, 1961
Central Board of Direct Taxes - CBDT - Income Tax Exemption - TAXSCAN

The Central Board of Direct Taxes (CBDT) vide notification no. S.O. 42(E) dated 2nd January 2024 has granted the income tax exemption to Madhya Pradesh Professional Examination Board, Bhopal under Section 10(46) of Income Tax Act, 1961. The specified income exempted from income tax are: Fees of Examination & Sale of Application Form; and Interest…

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