April 04, 2026
Submitted By: Vaibhav Tripathi
Exemption under section 10 of the Income Tax Act 1961
This 2018 Ministry of Finance notification exempts the Insolvency and Bankruptcy Board of India from income tax on specified incomes—including government grants, fees, and fines—under Section 10(46) of the Income-tax Act for financial years 2017 through 2022.
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