Government of India
Ministry’ of Finance.
[department of Revenue]
(Central Board of Direct Taxes)
New Delhi, the 13 August. 2015.
S.O……….. (E)- in exercise of the powers conferred by clause (46) of section. 10 of the Income Tax Act, 1961 (43 of 196] the Central Government hereby notifies hr the purposes_ of the said clause. “Kerala shops and Commercial .Establishments Workers’ Welfare Fund Board”, a Board established under the Kerala Shops and Commercial Establishments Workers’ Welfare Fund Act, 2006 (Act 24 of 2006) in respect of the following specified income arising to the Board, namely:-
(a) amount received ire the Fund as established under section 3 of Kerala Shops and Commercial Establishments Vliiorkers” verfure Fund Act, 2006:
(b) amount of interest income camel on batik deposits,
2. This notification shall he deemed to have been applied tar the financial years 20132014, 2014-2015 and shall be applicable for the financial years 2015-2016, 2016-2017 and 2017-2018.
3. This notification .shall be effective subject to the condition, namely: –
(a) that the Kerala Shops and commercial Establishments Workers’ Welfare Fund Board does not engage in any commercial. activity;
(b) that the activities and the nature of the specified income of the Kerala Shops an d Commercial Establishments Workers’ Welfare Fund Board remain unchanged throughout the Financial years; and
(c) that the Kerala Shops and Commercial Establishment:,..; Workers’ Welfare Fund Board files return of income in accordance with the provision of clause (g) of sub-section (4C) of section 1 39 of the Income Tax Act, 1961_
DEEPSHIKHA SHARMA Director lo the Government of India
Government of India Press, Mayapuri Press,