Exemption to specified income in the hands of National Skill Development Corporation u/s 10(46)

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..... ersession of Gazette Notification No.2726(E) dated 17.08.2016 , the Central Government in exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961(43 of 1961) , hereby notifies for the purposes of the said clause, National Skill Development Corporation (PAN AACCN8680L), a body constituted by the Central Government, in respect of the following specified income .....

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..... for skill development; (i) Miscellaneous income, like sale of scrap, Profit on sale of assets, RTI application fees, forfeiture of Bank Guarantee, interest on income tax refund, excess provision written back; and (j) Interest earned on (a) to (i) above. 2. The provisions of this notification shall be effective subject to the conditions that National Skill Development Co .....

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