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Income Tax - Highlights / Catch Notes

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Entitlement u/s 10B - The petitioner has to get an approval from ...

Income Tax

June 23, 2021

Entitlement u/s 10B - The petitioner has to get an approval from the competent Board as contemplated for claiming exemption under Section 10-B of the Income Tax Act. Even in case, there is a change of authorities / Board by the Ministry, it is for the petitioner to approach the Ministry or the Department concerned for the purpose of the procedures, which all are in force for claiming exemption under Section 10-B of the Income Tax Act. - HC

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