CBDT exempted Uttar Pradesh Real Estate Regulatory Authority from Income Tax u/s 10(46) of Income Tax Act
The Central Board of Direct Taxes ( CBDT ), vide notification no. S.O. 999(E) dated 1st March, 2024 has notified the income tax exemption to the “‘Uttar Pradesh Real Estate Regulatory Authority”, under section 10(46) of the Income-tax Act, 1961. The following income are exempted from the income tax: Amount received as Grant-in-aid or loan/advance…
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