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Case lawNotifications2015 › Notification No. 64/2015
Notification 13 August 2015

Notification No. 64/2015

Section 10(46) of the Income-tax Act, 1961 - Exemptions - Statutory body/authority/board/commission - Notified body or authority - Karnataka State Rural Livelihood Promotion Society

What this is

Notification No. 64/2015 was published on 13 August 2015. Its subject is Section 10(46) of the Income-tax Act, 1961 - Exemptions - Statutory body/authority/board/commission - Notified body or authority - Karnataka State Rural Livelihood Promotion Society.

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 Do not quote from this page.

[To be published in the Gazette of India, Extraordinary, Part-IL, Section 4, Sub-section (ii)]
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
No.& Yiannis
NOTIFICATION
Pa
New Delhi,the | August, 2015.
8.0)......... (E). - In exercise of the powers conferred by clause (46) of section 10
of the Income-tax Act, 196] (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, “Karnataka state Rural Livelihood Promotion Society”, a , body constituted by the Government of Karnataka in respect of the following specified income arising to the said body, namely:-
(a) amount received in the form af grants from the Government of India: "
(b) amount received in the form of grants from the Government of Karnataka; and ({c) Interest eamed on bank deposits,
=f This notification shall be effective Subject to the conditions that the Karnataka State
Rural Livelihood Promotion Society -
(a) Shall not engage in any commercial activity;
{b) Its activities and the nature of the specified income remain unchanged throughout the financial years: and (¢} Files return of income in accordance with the provision of clause (#) of sub-
section (4C) of section 139 of the Income-tax Act, 1961.
a This notification shal] be applicable for the financial years 2013-14 to 2017-18.
[F-No.] 96/12/2014-ITA-T]
/ ke.
DEEPSHIKHA SHARMA
Director to the Government of India
To
The Manager,
Goverment of India Press.
Mayapuri Press,
New Delhi,

Source: the department’s scanned file.

← Notification No. 69/2015 [F. No. 187/30/2014 (ITA.I)] / SO 2238(E)  ·  Notification No. 65/2015 →

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.