Section 10(46) of the Income-tax Act, 1961 – Central Government notifies constituted Government of West Bengal to constitute “West Bengal Building and Other Construction Workers Welfare Board” - 89/2014 - 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. 89/2014 New Delhi, the 23 December, 2014 S.O. (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, West Bengal Building and Other Construction Workers Welfare Board', a body constituted by the Government of West Bengal in respect of the following specified income arising to that body, namely:- (a) cess collected under the Building and Other construction Workers Welfare Cess Act, 1996 (28 of 1996) and the rules there under; (b) registration fees and yearly subscription collected from construction workers registered with the Board as beneficiaries; (c) amount received in the form of grants-in-aid and loan from Government; (d) interest income received from investment. 2. This notification shall be applicable for the financial years 2011-2012 to 2015-2016. 3. The notification shall be subject to the conditions that the West Bengal Building and Other Construction Workers Welfare Board:- (a) shall not engage in any commercial activity; (b) its activities and the nature of the specified income remain unchanged throughout the financial year; and (c) files return of income in accordance with the provision of clause (g) of sub-section (4C) section 139 of the said Act . [F. No. 196/17/2012-ITA.I] (Deepshikha Sharma) Director to the Govt. of India