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Home Highlights February 2016 Year 2016 This

Subsidy or grant by the Central Government for the purpose of ...


Government Grants to Trusts Not Taxed as Income Since April 2017: Key Change in Tax Law.

February 29, 2016

Act Rules     Bill

Subsidy or grant by the Central Government for the purpose of the corpus of a trust or institution established by the Central Government or a State Government, as the case may be, shall also not form part of income w.e.f. 1.4.2017

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