CBDT Notifies Income Tax Exemptions for Various Organizations under Section 10(46) | July 2024

The CBDT has issued Notifications Nos. 94 and 95 on July 24, 2024, granting income tax exemptions under section 10(46) of the Income-tax Act, 1961 (“the IT Act”). The exemptions apply to the ‘Punjab Skill Development Mission Society, Chandigarh,’ ‘Himachal Pradesh State Load Despatch Centre, Shimla,’ and ‘Society for Applied Microwave Electronics Engineering & Research (SAMEER), Mumbai.’