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Case law › Notifications › 2012 › Notification No. 23/2015
Notification 15 June 2012

Notification No. 23/2015

Section 10(22B) of the Income-tax Act, 1961 - Exemptions - News agency - Notified news agency

What this is

Notification No. 23/2015 was published on 15 June 2012. Its subject is Section 10(22B) of the Income-tax Act, 1961 - Exemptions - News agency - Notified news agency.

This notifies a named person, body, fund or instrument for the purpose of a provision. Nothing in it changes the provision itself.

The provisions it speaks to

Left, the provision of the Income-tax Act, 1961 as the instrument itself names it. Right, the section of the Income-tax Act, 2025 that the department’s own concordance maps it to — which is where the same ground is now covered.
Under the 1961 ActNow
s.10s.11, s.19

The instrument, as the Board published it

The words below are the department’s own, reproduced from its published text. Where the department’s copy carried a publisher’s notes after the instrument, those are not reproduced.

Section 10(22B) of the Income-tax Act, 1961 - Exemptions - News agency - Notified news agency
Notification No. 23/2012 [F.No. 165/02/2010-ITA.I] S.O. 1359(E), dated 15-6-2012
In exercise of the powers conferred by the clause (22B) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the "The Press Trust of India Limited, New Delhi" as a news agency set up in India solely for collection and distribution of news, for the purpose of the said clause for two assessment years 2012-2013 to 2013-2014.
2. The notification is subject to the condition that the news agency applies its income or accumulates it for application solely for collection and distribution of news and does not distribute its income in any manner to its members.
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On the same provision

Other instruments in this library that name the same provision of the 1961 Act. They are not necessarily still operative, and a later one may have replaced an earlier one without saying so.

← Notification No. 24/2012  ·  Notification No. 22/2012 →

What a notification is. A notification is made under a power the Act itself gives, and within that power it is law — unlike a circular, which only binds the department. Its reach is the reach of the enabling provision and no wider, and the date it carries decides from when it works.

Source: the Income Tax Department’s own published text — its page for this instrument.