CBDT Has Granted Income Tax Exemptions to Various Organizations Under Section 10(46) of the IT Act
The Central Board of Direct Taxes (CBDT) has issued Notifications Nos. 107/2024 to 110/2024, all dated October 11, 2024, notifying income tax exemptions under section 10(46) of the Income-tax Act, 1961 (referred to as “the IT Act”). The exemptions apply to the following entities: the State Load Despatch Centre Unscheduled Interchange Fund – West Bengal State Electricity Transmission Company Limited, Gujarat Water Supply and Sewerage Board, Gandhinagar, Real Estate Regulatory Authority, New Delhi, and the District Legal Service Authority.
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