CBDT Notifies Income Tax Exemption To National Farmers Welfare Program Implementation Society
Live LawThe Central Board of Direct Taxes has notified the income tax exemption to National Farmers Welfare Program Implementation Society under section 10 of the Income-tax Act, 1961.The exemption shall be granted to National Farmers Welfare Program Implementation Society on Government Grant, Miscellaneous receipts from RTI, Tender Fee, Fines & Penalties and sale of. The Central Board of Direct Taxes has notified the income tax exemption to National Farmers Welfare Program Implementation Society under section 10 of the Income-tax Act, 1961. The exemption shall be granted to National Farmers Welfare Program Implementation Society on Government Grant, Miscellaneous receipts from RTI, Tender Fee, Fines & Penalties and sale of obsolete items; and Interest on deposits. National Farmers Welfare Program Implementation Society shall file return of income in accordance with the provision of clause of sub-section of section 139 of the Income-tax Act, 1961.