Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes

NOTIFICATION No. 29/2015

New Delhi, Dated- 24th March, 2015

S.O. (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 Maharashtra State AIDS Control Society a body constituted by the Government of Maharashtra 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”.

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2. This notification shall be deemed to have been applied for the financial years 2011-2012, 2012-2013 and 2013-2014 and shall be applicable for the financial Years 2014­2015 and 2015-2016.

3.  This notification shall be effective subject to the following conditions, namely:-

(a)    the Maharashtra State AIDS Control Society does not engage in any commercial activity;

(b)      the activities and the nature of the specified income of the Maharashtra State AIDS Control Society remain unchanged throughout the financial years; and

(c) the Maharashtra State 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.

[Notification No. 29/2015 F.No.196/74/2012-ITA.I]

DEEPSHIKHA SHARMA

Director to the Government of India

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Category : Income Tax (25147)
Type : Notifications (15273) Notifications/Circulars (30290)

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