Quick Summary
The Central Board of Direct Taxes (CBDT) under the Ministry of Finance has issued Notification No. 58/2025, dated June 16, 2025, granting tax exemption to Treasurer Charitable Endowments, Haryana, under clause (46) of Section 10 of the Income-tax Act, 1961. The exemption is granted with retrospective effect for five financial years-from FY 2014-15 to FY 2018-19 (Assessment Years 2015-16 to 2019-20). Tax-Exempt Income Categories The following types of income received by Treasurer Charitable E
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 07941056694
FAQ :
The CBDT notification grants tax exemption to Treasurer Charitable Endowments, Haryana, with retrospective effect for specific financial years.
The exemption covers grants received from the Central or Haryana State Government for the National Workers Relief Fund, and any interest earned on these grants held in bank deposits.
The authority must not engage in any commercial activity, its activities and income sources must remain unchanged, and it must file income tax returns as specified.
The exemption applies retrospectively for five financial years, from FY 2014-15 to FY 2018-19.
An Explanatory Memorandum accompanying the notification assures that no person is adversely affected by the retrospective application of this tax relief.
CAclubindia
