Notified Body or Authority - Karnataka State AIDS Prevention Society

Section 10(46) of the Income-Tax Act, 1961 – Exemptions - Statutory Body/ Authority/Board/Commission - Notified Body or Authority - Karnataka State AIDS Prevention Society

Notification No. 66/2013, [F.NO.196/70/2012-ITA.I]/SO 2642(E), dated 29.08.2013

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 Karnataka State AIDS Prevention Society a body constituted by the Government of Karnataka in respect of the following specified income arising to that Society, namely:—

"Amount received in the form of grants-in-aid from the Government of India and State 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.

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

(a) the Karnataka State AIDS Prevention Society does not engage in any commercial activity;

(b) the activities and the nature of the specified income of the Karnataka State AIDS Prevention Society remain unchanged throughout the financial year; and

(c) the Karnataka State AIDS Prevention Society files return of income in accordance with the provisions 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.

Source: Income Tax Department- India.