![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]")
Income Tax Exemption to Manipur State Rural Road Development Agency Notified [Read Notification]
The Central Board of Direct Taxes (CBDT) notified income tax exemption to ‘Manipur State Rural Road Development Agency’ under Section 10(46) of the...
![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]](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]](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]")
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]")