EXEMPTIONS - STATUTORY/AUTHORITY/BOARD/COMMISSION - NOTIFIED BODY OR AUTHORITY - CHANDIGARH STATE AIDS CONTROL SOCIETY - 77/2013 - Income Tax

[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF DIRECT TAXES) Notification No. 77/2013 New Delhi, the day of 25 th September, 2013 S.O.2913 - 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 Chandigarh State AIDS Control Society a body established by the Chandigarh Administration in respect of the following specified income arising to the said Society, namely:- (a) amount received in the form of grants-in-aid from Central Government; (b) interest earned on grants-in-aid. 2. This notification shall be deemed to have been applied for the financial years 2011-12 and 2012-13 and shall respectively be applicable for the financial years 2013-14, 2014-15 and 2015-16. 3. The notification shall be effective subject to the following conditions, namely:- (a) the Chandigarh State AIDS Control Society does not engage in any commercial activity; (b) the activities and the nature of the specified income of the Chandigarh State AIDS Control Society remain unchanged throughout the financial year; and (c) the Chandigarh 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. [F.NO.196/59/2012-ITA.I]