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Standardizing the process of filing application under section 10(46) of the Income Tax Act, 1961

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..... of the Income Tax Act, 1961. Under section 10(46) of the Income-tax Act, specified income arising to a body or authority or Board or Trust or Commission, established or constituted by or under a Central or State Act or by a Central or State Government with the object of regulating or administering any activity for the benefit of general public, would be exempt from tax subject to the condition th .....

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..... nd a copy of the said application along with all its enclosures to the Under Secretary (ITA-l), Central Board of Direct Taxes, accompanied by the acknowledgement receipt forwards evidence of having furnished the application in the office of jurisdictional CIT/DIT. 3. Format of Application Seeking Notification u/s 10(46) shall be as under:- Sr. no. Requirement Details 1 Name of the Applicant .....

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..... constituted by a State or Central Government? Pl. specify. (C) Copy of such Deed/Notification/Act or other relevant document establishing or constituting the entity seeking exemption. 13 Nature of Revenue Streams 14 Nature of income sought to be notified for purpose of section 10(46) 15 Basis of seeking notification u/s 10(46) 16(A) Whether already registered u/s 12A? If yes, Pl. furni .....

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..... whether complied with? 21 Whether any penalty imposed or prosecution launched for any violation of law in the past? If yes, Pl. inform when such order was passed and what was the violation. Copy of relevant order be enclosed. 22 Any other information or document/ information brochure/ Annual Report etc. [F. No. 196/6/2013-ITA-1] (Deepshikha Sharma) Deputy Secretary to the Government of Ind .....

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