Karmayogi Bharat, a company wholly owned by the President of India through 100% equity shares, is exempted from income tax under Section 10(46)
Karmayogi Bharat, a company formed under Section 8 of the Companies Act, 2013, and entirely owned by the President of India through 100% equity shares, has been granted income tax exemption under Section 10(46) of the Income Tax Act, 1961. This exemption has been officially communicated by the Central Board of Direct Taxes (CBDT) through…
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