The Central Government notifies ‘‘Gujarat Water Supply and Sewerage Board’, Gandhinagar (PAN: AAALG5041P), as a Board constituted by the Government of Gujarat for the purpose of exemption u/s 10(46) of the Income Tax 1961 for specified income arising to that Board namely:
CBDT has issued a Notification no. G.S.R. 604(E) dated 16.08.2023 providing for the computation of income chargeable to tax under section 56(2)(xiii) of any sum received under a life insurance policy.
CBDT issued notification no. 23/2025 dated 28.03.2025 to make following rules further to amend the Income-tax Rules, 1962, in exercise of the powers conferred by section 44AB and section 295 of the Income tax Act, (43 of 1961).