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EXEMPTIONS - STATUTORY BODY/AUTHORITY/BOARD/COMMISSION - NOTIFIED BODY OR AUTHORITY - MEGHALAYA STATE AIDS CONTROL SOCIETY - 78/2013 - Income TaxExtract [TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF DIRECT TAXES) Notification No. 78/2013 New Delhi, the day of 25 th September, 2013 S.O.2914(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 Meghalaya AIDS Control Society a body constituted by the Government of Meghalaya in respect of the following specified income arising to that Society, namely:- Amount received in the form of Grants-in-Aids from the Government of India . 2. This notification shall be deemed to have been applied for the financial years 2011-12 and 2012-13 and shall be applicable for the financial years 2013-14, 2014-15 and 2015-16. 3. This notification shall be effective subject to the following conditions, namely:- (a) the Meghalaya State AIDS Control Society does not engage in any commercial activity; (b) the activities and the nature of the specified income of the Meghalaya AIDS Control Society remain unchanged throughout the financial year; and (c) the Meghalaya AIDS Control Society files return of income in accordance with the provisions 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. [F.NO.196/76/2012-ITA.I]
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