MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
New Delhi, the 20th July, 2017
S.O. 2278(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, ‘National Council of Science Museums’, Kolkata, an autonomous body established under the Ministry of Culture, Government of India, in respect of the following specified income arising to the Council, namely:—Online GST Certification Course by TaxGuru & MSME- Click here to Join
a) Amount received in the form of grants-in-aid and subsidies from Government of India;
b) Fees or subscription by sale of tickets;
c) Charges for maintenance recovered for use of auditorium and other public facilities for scientific and educational purposes; and
d) Income arising or derived by way of interest received from investment.
2. This notification shall be effective subject to the conditions that National Council of Science Museums, Kolkata,—
(a) shall not engage in any commercial activity;
(b) activities and the nature of the specified income shall remain unchanged throughout the financial years; and
(c) shall file return of income in accordance with the provision of clause (g) of sub-section (4C) of section 139 of the Income-tax Act, 1961.
3. This notification shall apply with respect to the financial years 2017-2018, 2018-2019, 2019-2020 and 2020- 2021.
[Notification No. 67/2017/F. No. 300196/7/2017-ITA-I]
DEEPSHIKHA SHARMA, Director