Section - 10(23BB), Income-tax Act.

Section - 10(23BB), Income-tax Act.

Income Tax

Incomes not included in total income.

Any income of an authority (whether known as the Khadi and Village Industries Board or by any other name) established in a State by or under a State or Provincial Act for the development of khadi or village industries in the State.


Explanation.—For the purposes of this clause, "khadi" and "village industries" have the meanings respectively assigned to them in the Khadi and Village Industries Commission Act, 1956 (61 of 1956);