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Exemption of income of corporations established to protect interests of minority community [Section 10(26BB)] – Income Tax

Exemption of income of corporations established to protect interests of minority community [Section 10(26BB)] –

Any income of a corporation established by the Central Government or any State Government for promoting the interests of the members of a minority community will be exempt from income tax. Section 80G also provides tax relief in respect of donations made to these corporations.

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