EXEMPTIONS - STATUTORY BODY/AUTHORITY/BOARD/COMMISSION - NOTIFIED BODY OR AUTHORITY - TRIPURA STATE AIDS CONTROL SOCIETY - 87/2013 - Income Tax

[TO BE PUBLISHED IN THE, GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTTON 3, SUB-SECTTON (ii)] Government of India Ministry Of Finance (Department of Revenue) (Central Board of Direct Taxes) New Delhi NOTIFICATION NO. 87/2013 Dated: November 6, 2013 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 Tripura State AIDS Control Society a body constituted by the Government of Tripura in respect of the following specified income arising to that Society, namely:- Amount received in the form of grants-in-aid from the Central Government. 2. This notification shall be deemed to have been applied for the financial years 2011-2012 and 2012-2013 and shall be applicable for the financial years 2013-2014, 2014-2015 and 2015-2016. 3. The notification shall be effective subject to the following conditions, namely: (a) the Tripura State AIDS Control Society does not engage in any commercial activity; (b) the activities and the nature of the specified income of the Tripura State AIDS Control Society remain unchanged throughout the financial year; and (c) the Tripura State AIDS Control Society files return of income in accordance with the provision of clause (g) of sub-section (4C) 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.196/86/2012-ITA.I]