Under the provisions of Chapter XX-C of the Income Tax Act 1961 -Proposal for exemption of prior approval of Cabinet for disposal of immovable properties acquired by the Central Government

Last updated: 14 August 2013

The Union Cabinet today approved the proposal for exemption of prior approval of Cabinet for disposal/auction of immovable properties acquired by the Central Government under the provisions of Chapter XX-C of the Income Tax Act 1961. Earlier a government instruction was issued stating that all Ministries / Department would seek specific approval of the Cabinet in each case of sale or long term lease of land belonging to the Government. The proposed exemption will quicken the process of
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)

BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)

View all CCI PRO benefits

Already a PRO member? Login here for an ad-free experience. 011-411-70713



Guest

News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

View News
Comments :

Recent News :

  1. Jio Platforms Announces Rs 30,213 Crore IPO, Targets Rs 10.3 Lakh Crore Valuation
  2. RBI Hikes Repo Rate by 25 Basis Points to 5.50% in October 2026
  3. RBI Announces Regulatory Measures for the Foreign Exchange Market
  4. CBDT Revises Form 161 for Penalty Waiver Applications Under Income Tax Act 2025
  5. GST Council Recommends Major Compliance Reforms: IPR Taxation, Late Fee Relief and E-Invoicing Changes
  6. GST Council Recommends Major Reforms in ITC Refunds, Blocked Credits and Export Benefits
  7. GST Council Recommends Changes to E-Way Bill Rules to Ensure Smoother Movement of Goods
  8. GST Council Recommends Withdrawal of Arrest Powers, Raises Prosecution Threshold to Rs 5 Crore
  9. 57th GST Council Recommendations Relating to Services
  10. 57th GST Council Meet Recommends Changes and Clarifications in GST Rates on Goods and Services

More »

Popular News




Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member Sharang Sanjay MangalekarSharang Sanjay MangalekarPro Member vijai guptavijai guptaPro Member Vinod PatilVinod PatilPro Member GIRIDHARGIRIDHARPro Member RISHI LATTARISHI LATTA
Subscribe to Pro
Join an elite circle of professionals


Browse by Category



Latest Job Openings

View all
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details