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![CBDT allows Exemption under section 56(2)(x) to Resident of Unauthorised Colony [Read Notification]](https://www.taxscan.in/wp-content/uploads/2019/11/Unauthorised-Colony-CBDT-Taxscan.jpg "CBDT allows Exemption under section 56(2)(x) to Resident of Unauthorised Colony [Read Notification]")
CBDT allows Exemption under section 56(2)(x) to Resident of Unauthorised Colony [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified a new Rule 11UAC in the Income Tax Rules, 1962 which provided that provisions of Section...