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Section 10(46) of the Income-tax Act, 1961 – Central Government notifies “Maharashtra State Board of Technical Education” for dealing with specified income

Income Tax - 23/2016 - Dated:- 29-3-2016 - MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 23/2016 New Delhi, the 29th March, 2016 S.O. 1251(E).-In exercise of the powers conferred by clause (46) of sectio .....

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n Act, 1997, of the Government of Maharashtra, in respect of the following specified income arising to that Board, namely:- (a) fees, fines and penalties; (b) receipts from Printed Educational Material; (c) receipts from Scrap or Waste paper; (d) rec .....

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ividend earned from Maharashtra Knowledge Corporation Ltd; (i) capital gains, if any, from disposal of assets as per Government financial guideline and rules of Government of Maharashtra. 2. This notification shall be effective subject to the followi .....

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