Notification No.
95/2013, F. No. 196/71/2012/ITA-I], dated 19th December, 2013
S.O. 3730(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 Kerala State AIDS Prevention Society, a body constituted by
the Government of Kerala in respect of the following specified income arising
to that Society, namely :—
“amount received in the form of
grants-in-aid from the Centre 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
respectively.
3. The notification shall be effective
subject to the following conditions, namely:—
(a) the Kerala
State AIDS Control Society does not engage in any commercial activity;
(b) the activities
and the nature of the specified income of the Kerala State AIDS Control Society
remain unchanged throughout the financial year; and
(c) the Kerala
State AIDS Control Society files return of income in accordance with the provision
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.
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