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Dayasagar S
Dayasagar S
Economy & FinanceBusiness
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EXEMPTED INCOMES ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
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Income of Pension Fund set up by the Life Insurance Corporation exempted as per conditions given u/s 10(23 AB). Income of institutions set up for development of Khadi and village industries exempted as per conditions given u/s 10(23B). Income of State level Khadi and Village Industries Boards- exempted as per conditions given u/s IO(23BB), Income of certain authorities set up to manage religious and charitable institutions exempted as per conditions given u/s 10(23BBA). Income of European Economic Community-exempted as per conditions given u/s IO(23BBB). Income of “SAARC Fund set up for regional projects exempted as per conditions given u/s IO(23BBC). Any income of the Secretariat of Organisation of Supreme Audit Institutions shall be fully exempted for 7 years u/s IO(23BBD). Any income of the Insurance Regulatory Authority of India shall be fully exempted. Any income of North-Eastern Development Finance Corporation ltd.
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Exempted Incomes1

  • 1.
  • 2.
  • 3.
  • 4.
  • 5. Income of Pension Fund set up by the Life Insurance Corporation exempted as per conditions given u/s 10(23 AB). Income of institutions set up for development of Khadi and village industries exempted as per conditions given u/s 10(23B). Income of State level Khadi and Village Industries Boards- exempted as per conditions given u/s IO(23BB), Income of certain authorities set up to manage religious and charitable institutions exempted as per conditions given u/s 10(23BBA). Income of European Economic Community-exempted as per conditions given u/s IO(23BBB). Income of “SAARC Fund set up for regional projects exempted as per conditions given u/s IO(23BBC). Any income of the Secretariat of Organisation of Supreme Audit Institutions shall be fully exempted for 7 years u/s IO(23BBD). Any income of the Insurance Regulatory Authority of India shall be fully exempted. Any income of North-Eastern Development Finance Corporation ltd.
  • 6.
  • 7.
  • 8.