![Govt Notifies IT Exemption to Noida SEZ Authority and Odisha State Pollution Control Board [Read Notification]](https://www.taxscan.in/wp-content/uploads/2016/08/CBDT-Taxscan-2.jpg "Govt Notifies IT Exemption to Noida SEZ Authority and Odisha State Pollution Control Board [Read Notification]")
Govt Notifies IT Exemption to Noida SEZ Authority and Odisha State Pollution Control Board [Read Notification]
The Central Government today notified income tax exemption to certain receipts received by the Noida Special Economic Zone Authority and Odisha State...
![Delhi HC allows IT Exemption to VHP for the period Govt banned them after Babri Masjid Demolition [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Delhi-High-Court-Tax-Scan.jpg "Delhi HC allows IT Exemption to VHP for the period Govt banned them after Babri Masjid Demolition [Read Order]")
![Yoga a form of ‘Medical Relief’: ITAT Delhi allows Tax Exemption to Patanjali Yogpeeth [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/02/Baba-Ramdev.jpg "Yoga a form of ‘Medical Relief’: ITAT Delhi allows Tax Exemption to Patanjali Yogpeeth [Read Order]")
Trust cannot avail Income Tax Exemption only on the basis of Application for Registration, says Allahabad HC [Read Judgment]
In CIT (Exm) v. M/ S Maharishi Institute Of Creative Intelligence U.P., the Allahabad High Court held that Income Tax exemption under s. 11 cannot be granted to a Trust mere on the basis of the fact...
![Trust cannot avail Income Tax Exemption only on the basis of Application for Registration, says Allahabad HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/09/Allahabad-High-Court-Taxscan.jpg "Trust cannot avail Income Tax Exemption only on the basis of Application for Registration, says Allahabad HC [Read Judgment]")
Advance Received on Investment in Specified Bonds are Eligible for Income Tax Exemption: Bombay HC [Read Order]
The division bench of the Bombay High Court in the case CIT v. Subhash Vinayak Supnekar held that the assessee, who had received advance amount on investment in specified bonds are eligible for the...
![Advance Received on Investment in Specified Bonds are Eligible for Income Tax Exemption: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/06/Bombay-High-Court-2-Tax-Scan.jpg "Advance Received on Investment in Specified Bonds are Eligible for Income Tax Exemption: Bombay HC [Read Order]")
Income Tax Exemption cannot be denied to a Trust deriving income from developing / selling of land under Statutory Scheme: Punjab & Haryana HC [Read Judgment]
Recently, in the case of CIT (Ex), Chandigarh v. M/s Improvement Trust, the two-judge bench of the Punjab and Haryana High Court has categorically held that a Trust deriving income from developing/...
![Income Tax Exemption cannot be denied to a Trust deriving income from developing / selling of land under Statutory Scheme: Punjab & Haryana HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Punjab-and-Haryana-High-Court-Tax-Scan.jpg "Income Tax Exemption cannot be denied to a Trust deriving income from developing / selling of land under Statutory Scheme: Punjab & Haryana HC [Read Judgment]")