Section 10(46) of the Income-Tax Act, 1961 - Exemptions -Statutory Body/Authority/Board/Commission - Notified Body Or Authority - Kerala State Aids Prevention Society - 95/2013 - Income Tax

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 95/2013 New Delhi, the 19 th December, 2013 In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of1961) , the Central Government hereby notifies for the purposes of the said clause, the Kerala Stale AIDS Prevention Society a body constituted by the Government of Kerala in respect of the following specified income arising to that Society, namely: amount received in the form of grants-in-aid from the Centre 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 respectively. 3. The notification shall be effective subject to the following conditions, namely: (a) the Kerala State AIDS Control Society does not engage in any commercial activity; (b) the activities and the nature of the specified income of the Kerala State AIDS Control Society remain unchanged throughout the financial year; and (c) the Kerala Slate AIDS Control Society files return of income m 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.196/71/2012-ITA.I]