Important Government Notifications

Service Tax Exemption for Incubators and Incubatees
Equity Investment by Incubators Registered as Societies under Societies Registration Act

Amendment made in the ‘Income Tax Rules, 1962’, in Part – IV, in rule 17C as per inclusion of the new clause no. ‘vi’:

Investment in Incubators recognized as CSR

Gazette Notification – G.S.R. 130(E), sub-section (l) of section 467 of the Companies Act, 20l3 (18 of 2013), Schedule VII, item no. (ix)

Circular MCA inclusion of non acad TBI

In case of Non-Academic Incubators, please refer to point No. 6 in the Annexure to Para (i) General Circular No. 21/2014 dated 18.06.2014, page – 6 of attached document: