U/s 10(46) of IT Act 1961 - Central Government notifies ‘Regional Air Connectivity Fund Trust' in respect of the specified income arising to that Trust.

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..... the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, 'Regional Air Connectivity Fund Trust (PAN AADTR1130P), a trust constituted by the Central Government, in respect of the following specified income arising to that trust, namely:- (a) Grant from Government; (b) Receipt of levy f .....

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..... ] SOURABH JAIN, Under Secy. Explanatory Memorandum It is certified that no person is being adversely affected by giving retrospective effect to this notification. **************** NOTES:- 1. Substituted vide NOTIFICATION NO. 14/2024 dated 23-01-2024 before it was read as, "This notification shall be deemed to be applied for the period from 01-06-2020 to 31-03-2021 in the financial year .....

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