Approved Latur and Ormanabad District Mathadi and Unprotected Labour Board, Latur u/s 10(23C)(vi)

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..... - In exercise of the powers conferred by sub-clause (vi) of clause (23C) of Section 10 of the Income-tax Act, 1961 (43 of 1961) , I, Chief Commissioner of Income Tax , Nashik hereby notifies that any income received by any person on behalf of Latur and Ormanabad District Mathadi and Unprotected Labour Board, Latur (hereinafter the "Board") shall not be included in the total income of such pe .....

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..... apply in relation to any income being profits and gains of business, unless the business is incidental to the attainment of the objectives of the Board and separate books of account are maintained in respect of such business; (d) the Board will regularly file its return of income before the Income-tax authority in accordance with the provisions of the Income Tax Act, 1961 ; (e) that in the e .....

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..... ove notification is liable to be rescinded by the undersigned, if it is subsequently found that the activities of the Board and not genuine or if they are not carried out in accordance with all or any of the conditions subject to which it was notified. [No. CCIT/Tech(3/8)//10(23C)(vi)/2009-10/1336] V.K. Sridhar, Chief Commissioner of Income Tax - Notification Tax Management India - tax .....

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