Notification No. 26/2015

Section 10(46) of the income-tax act, 1961 - Exemptions - Statutory body/authority/board/commission - Notified body or authority - Kerala toddy workers' welfare fund board

What this is

Notification No. 26/2015 was published on 24 March 2015. Its subject is Section 10(46) of the income-tax act, 1961 - Exemptions - Statutory body/authority/board/commission - Notified body or authority - Kerala toddy workers' welfare fund board.

This grants an exemption or a relief under a provision that allows one. Read the conditions attached: an exemption notification is construed strictly, and a condition missed is the exemption lost.

The instrument itself

The text, read by machine from the scan

This is not the department’s typed text. The department published this one as a scanned image of a signed paper, so there is no text in the file to copy. What follows was read off that image by optical character recognition and is reproduced without correction — the mistakes you can see are the machine’s, and there may be others you cannot. It is here so the document can be found and read; it is not a substitute for the file, which is linked below. Do not quote from this page.

f Ex f [To be published in the Gazette of India. Extraordinary, Part-I, Section 2. sub-section (i1}]
Government of India
Ministry of Finance i Department of Revenue
Central Board of Direct Taxes
NOTIFICATION
fe
New Delhi, the 21 March, 20145
$-0.__(E}- In exercise of the powers conferred by clause (46) of section 10 of the Incame-tax
Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause; “Kerala Toddy Workers’ Welfare Fund Board”, a Board established under the Kerala
Toddy Workers’ Welfare Fund Act, 1969 (Kerala Act No. 2? af 1969), in respect of the following specified income arising to that Board, namely:-
(a) sums recetved under Kerala Toddy Workers’ Welfare Fund Act, 1969 (Kerala Acta. 22
of 1969); (b) contribution from the members as defined in clause (b) of section 2 of the Kerala Toddy
Workers’ Welfare Fund Act, 1969 (Kerala Act No: 22 of 1969):
(¢) interest earned from deposits in banks,
2. This notification shall be applicable for the financial years 2013-14 to 2017-18.
3, The notification shall be effective subject to the conditions that Kerala Toddy Workers’
Welfare Fund Board-
(a) shall not engage in any commercial activity; (b) tts activities and the nature of the specified income remain unchanged throughout the financial -years; and (c) it files retum of income in accordance with the provision of clause (2) of sub-section (4C)
section 139 of the said Act.
[Notification Nogé /2015 F.No.196/08/2014-ITA_T]
DEEPSHIRKHA SHARMA
Director to the Government of India
To
The Manager,
Government of India Press,
Mayapuri Press,
New Delhi.

Source: the department’s scanned file.

← Notification No. 32/2015 [F. No. 134/48/2010-TPL] / SO 892(E) · Notification No. 27/2015 →

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.