CBDT Exempts West Bengal Transport Workers’ Social Security Scheme from Income Tax u/s 10(46) [Read Order]

Amount received in the form of Government grants, cess, registration fees and interest earned on bank deposits are exempted from income tax
By Navasree A.M - On August 14, 2024 11:23 am - 2 mins read
CBDT exemption - Income tax exemption - West Bengal Social Security - Transport Workers' Tax Exemption - taxscan

West Bengal Transport Workers’ Social Security Scheme has been exempted from Income tax under Section 10(46) of Income tax act, 1961. The Central Board of Direct Taxes ( CBDT ) notified through notification no. S.O. 3253(E) dated 12th July 2024.   The following income are exempted from income tax:   Amount received in the form of Government…

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