![Central Government Grants Income Tax Exemption to Three Foreign Companies [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/05/Foreign-Companies-ADNOC-Taxscan.jpg "Central Government Grants Income Tax Exemption to Three Foreign Companies [Read Notification]")
Central Government Grants Income Tax Exemption to Three Foreign Companies [Read Notification]
The Central Government has notified the following 3 foreign companies and agreements, in order to exempt the income accruing or arising to these...
![Society running several Educational Institutions should show Annual Receipts of Each Institutions Separately for Tax Exemption: J&K HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/07/Educational-Institution.jpg "Society running several Educational Institutions should show Annual Receipts of Each Institutions Separately for Tax Exemption: J&K HC [Read Judgment]")
![Central Government Notifies Income Tax Exemption to SEEPZ Special Economic Zone Authority [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/12/SEEPZ-Taxscan.jpg "Central Government Notifies Income Tax Exemption to SEEPZ Special Economic Zone Authority [Read Notification]")
![Income Tax Exemption to Manipur State Rural Road Development Agency Notified [Read Notification]](https://www.taxscan.in/wp-content/uploads/2016/08/Tax-Exemptions-Tax-Scan.jpg "Income Tax Exemption to Manipur State Rural Road Development Agency Notified [Read Notification]")
![Govt Notifies Income Tax Exemption to Telangana Building and Other Construction Workers Welfare Board [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/10/Form-26AS-CBDT-Taxscan.jpg "Govt Notifies Income Tax Exemption to Telangana Building and Other Construction Workers Welfare Board [Read Notification]")
Activity of Publishing Newspapers and Periodicals cannot be treated as ‘Charitable Purpose’: Bombay HC [Read Judgment]
A division bench of the Bombay High Court in Trustee of Saurashtra Trust v. DIT (E) denied Income Tax exemption to a Trust publishing newspapers and periodicals disclaiming that it is a ‘charitable...
![Activity of Publishing Newspapers and Periodicals cannot be treated as ‘Charitable Purpose’: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/08/Newspaper-and-Periodicals.jpg "Activity of Publishing Newspapers and Periodicals cannot be treated as ‘Charitable Purpose’: Bombay HC [Read Judgment]")
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 Pollution Control Board under the Income Tax Act,...
![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]")
Delhi HC allows IT Exemption to VHP for the period Govt banned them after Babri Masjid Demolition [Read Order]
The division bench of the Delhi High Court confirmed the Income Tax exemption granted to the Viswa Hindu Parishad (VHP) for the period in which they were banned by the government under UAP Act. While...
![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]")
Certificate from Executive Engineer and Sarpanch of Village are not sufficient to determine distance of land from Municipality: ITAT Mumbai
In ACIT v. Mr. Alkesh Kantilal patel, the division bench of the ITAT, Mumbai held that Executive Engineer and Sarpanch of the Village are not ‘competent authorities’for issuing certificate for the...
Yoga a form of ‘Medical Relief’: ITAT Delhi allows Tax Exemption to Patanjali Yogpeeth [Read Order]
In a big relied to Baba Ramdev’s Patanjali Yogpeeth, the Delhi bench of Income Tax Appellate Tribunal (ITAT) has allowed exemption status under section 11 and 12 of the Income Tax Act. While the...
![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]")