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Exemption from specified income U/s 10(46) of IT Act 1961 – ‘National Aviation Security Fee Trust’

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..... section 10 of the Income-tax Act, 1961 (43 of 1961) , the Central Government hereby notifies for the purposes of the said clause, National Aviation Security Fee Trust (PAN AADTN2508F), a trust established by the Central Government, in respect of the following specified income arising to that trust, namely:- (a) Grant or subsidy or any receipt in the nature of grant as approved by/under directions .....

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..... g) of sub-section (4C) of section 139 of the Income-tax Act, 1961 . 3. This notification shall be applicable with respect to the assessment years 2025-2026, 2026-2027, 2027-2028, 2028-2029 and 2029-2030 relevant for financial years 2024-2025, 2025-2026, 2026-2027, 2027-2028 and 2028-2029 respectively. [F. No.300196/51/2024-ITA-I] ASHWANI KUMAR, Under Secy. - Notification Tax Management India - .....

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