February 26, 2026 : The Income Tax Appellate Tribunal has set aside an addition of ₹32.91 lakh made against Ganna Vikas Parishad, Nanauta, and restored the matter to the Assessing Officer for fresh adjudication, holding that the fundamental nature and Read more…
Tag: income tax exemption
Hyderabad : In a significant ruling with wide implications for modern agri-biotechnology, the Telangana High Court has held that income earned from the sale of tissue-cultured plants qualifies as agricultural income and is therefore exempt from income tax under Section 10(1) of Read more…