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U/s 10(46) of the Income-tax Act, 1961 Central Government notifies ‘Prayagraj Mela Pradhikaran, Prayagraj’, an authority constituted by the State Government of Uttar Pradesh, in respect of the specified income arising to that authority - 22/2019 - Income TaxExtract MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 22/2019 New Delhi, the 14th March, 2019 S.O. 1372(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, Prayagraj Mela Pradhikaran, Prayagraj , an authority constituted by the State Government of Uttar Pradesh, in respect of the following specified income arising to that authority, namely:- (a) Grant-in-aid received from any Central Government, State Government or other authority; (b) Tolls on the parking of vehicle or entering any vehicle or any person bringing goods for sale or for demonstration/ advertisement into the Mela area; (c) Fee on the registration of activity of business, trade or profession; (d) Fee on the services provided to individual as service charge; (e) Any other charge and fee in Mela Area levied by authority as per the provisions of the Uttar Pradesh Prayagraj Mela Authority, Allahabad Act, 2017 (U. P. Act No. 5 of 2018); and (f) Interest earned on (a) to (e) above. 2. This notification shall be effective subject to the conditions that Prayagraj Mela Pradhikaran, Prayagraj,- (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 assessment years 2019-2020, 2020-2021, 2021-2022, 2022-2023 and 2023-2024. [F. No. 300196/14/2019-ITA-I ] RAJARAJESWARI R., Under Secy.
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