Case law › Notifications › 2018 › Notification No. 2/2018 [F.No. 200/63/2017-ITA-I] / SO 282(E)

Notification 18 January 2018

Notification No. 2/2018 [F.No. 200/63/2017-ITA-I] / SO 282(E)

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 18th January, 2018 (INCOME-TAX) S.O

What this is

Notification No. 2/2018 [F.No. 200/63/2017-ITA-I] / SO 282(E) was published on 18 January 2018. Its subject is MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 18th January, 2018 (INCOME-TAX) S.O.

What it does

In exercise of the powers under clause (39) of section 10 of the Income-tax Act, 1961, the Central Government amends its notification S.O. 3129(E) dated 26 September 2017. In clause (c) of that notification, clause (i) is substituted to read as income arising from the receipt from National supporters, namely Hero Motocorp Ltd., Bank of Baroda, Coal India Ltd., Think and Learn Private Limited, Dalmia Cement Bharat Limited and NTPC Limited, of rupees thirty-nine crore, thirty-nine lakh, fifty-two thousand two hundred and fifty. Sub-clause (ii) of clause (c) is omitted with effect from 26 September 2017.

Who it reaches

The body whose specified income is notified under section 10(39) by S.O. 3129(E)
The six named national supporters making the payments
Assessing Officers testing the amount and source of the notified specified income

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 Act	Now
s.3	s.3
s.10	s.11, s.19

The instrument, as the Board published it

The department publishes this one only as a PDF, so the words below were read out of that PDF by machine. That reading can carry its own mistakes — a misread number, a broken line. Check the signed document before you rely on a figure in it.

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 18th January, 2018 (INCOME-TAX) S.O. 282(E).—In exercise of the powers conferred by clause (39) of the section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following amendments in the notification of the Government of India, Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, number S.O. 3129(E), dated the 26th September, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), dated the 26th September, 2017, namely:—

2. In the said notification, in clause (c),—

(A) for clause (i), the following clause shall be substituted, namely:—

"(i) Income arising from the receipt from National supporters namely Hero Motocorp Ltd., Bank of Baroda, Coal India Ltd., Think and Learn Private Limited, Dalmia Cement Bharat Limited and NTPC Limited.–rupees thirty-nine crore, thirty-nine lakhs, fifty two thousand and two hundred fifty (Rs. 39,39,52,250)."

(B) sub-clause (ii) shall be omitted with effect from 26th September, 2017.

[Notification No. 2/2018/F. No. 200/63/2017-ITA-I]

VINAY SHEEL GAUTAM, Under Secy.

Note : Principal notification was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) vide notification number, S.O. 3129(E), dated the 26th September, 2017.

Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

Digitally signed by ALOK KUMAR
Date: 2018.01.20 11:52:38 +05'30'

From when

26 September 2017, retrospectively, for the omission of sub-clause (ii) of clause (c).

What to watch

The omission of sub-clause (ii) is expressly given effect from 26 September 2017, that is retrospectively to the date of the parent notification.
The substituted clause (i) names both the payers and a fixed rupee amount, so receipts beyond that amount or from other payers are not covered.
The extract does not name the notified body or the international sporting event concerned, so the parent notification S.O. 3129(E) must be consulted.
The amendment gives no separate commencement date for the substitution in clause (i), only for the omission of sub-clause (ii).

Where you meet it

In the notified body's return of income and in assessment, where receipts from the named national supporters are claimed as exempt under section 10(39).

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. 94/2026 [F. No. 370142/24/2026-TPL] / G.S.R. 646(E) : Income-tax (Second Amendment) Rules, 2026 : Amendment of rule 157 of the Income tax Rules, 2026 to align the definition of the specified fund with rule 114AAB of the Income tax Rules, 1962 — Ministry of Finance 21 July 2026
Notification No. 64 — [भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 7 16 April 2026
Notification No. 63/2026 [F. No. 370142/13/2026-TPL]/ GSR 268(E) — 2 the Gazette of INDIA : Extraordinary [Part Ii—sec. 3(i)] 10 April 2026
Notification No. 62/2026 [F. No. 370142/10/2026-TPL]/ GSR 267(E) — Ministry of Finance 10 April 2026
Notification No. 61/2026 [F. No. 370142/9/2026-TPL] / GSR 266(E) — [भाग II—खण् ड 3(i)] भारत का रािपत्र : असाधारण 3 10 April 2026
Notification No. 60/2026 [F. No. 370142/8/2026-TPL]/ GSR 265(E) — 2 the Gazette of INDIA : Extraordinary [Part Ii—sec. 3(i)] 10 April 2026

← Notification No. 1/2018 [F.No. 300196/9/2016-ITA-I] SO 284(E) · Notification No. 3/2018 [F.No. 196/29/2013-ITA-I]/ SO 283(E) →

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.