Section 10(46) of the Income-tax Act, 1961 - Exemptions - Statutory body/authority/board/commission - Notified body or authority
Notification No. 41/2016 [F.No. 196/87/2012-ITA-I] was published on 2 June 2016. Its subject is Section 10(46) of the Income-tax Act, 1961 - Exemptions - Statutory body/authority/board/commission - Notified body or authority.
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.
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 Do not quote from this page.
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(TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY. PART-II
SECTION 3, SUB-SECTION (11)]
+ af GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENDVE
j (CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, dated the gwd June, 2016
5:0. _(E).- In exercise of the powers conferred by clause (46) of section 10
of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, the Uttar Pradesh State AIDS Control Society, a body constituted by the Government of Uttar Pradesh, in respect of the following specified income arising to that Society, namely:-
“Grant received from National Aids Control Organisation, Government of India and interest received on deposits with Banks.”
2, This notification shall be deemed to have been applied for the period from |” June,
2011 to 31° March, 2013 and the financial years 2013-2014, 2014-2015 and 2015-2016.
| 3: This notification shall be effective subject to the following conditions, namely:-
(a) the Uttar Pradesh State AIDS Control Society does not engage in any commercial activity; (b) the activities and the nature of the specified income of the Uttar Pradesh State
: AIDS Control Society remain unchanged throughout the financial years; and (c) the Uttar Pradesh State AIDS Control Society files return of income in accordance with the provision of clause (g} of sub-section (4C) of section 139
of the Income-tax Act, 1961.
4. The grants received by the said Society shall be received and applied in accordance with the prevailing rules and regulations.
[Notification No. Yy } /2016, F.No.196/87/2012-ITA.1|
Deeps Sharma)
Director, Goverhment of India
To,
The Manager,
Government of India Press,
Ring Road, Mayapuri Industrial Area, (Near Rajourt Garden), New Delhi.
Source: the department’s scanned file.
← Notification No. 40/2016 [F.No. 196/03/2016-ITA-I] · Notification No. 39/2016 [F.No. 142/29/2015-TPL] / SO 1923(E) →
Source: the Income Tax Department’s own published text — its page for this instrument.