Exemption from specified income U/s 10(46) – Notifies ‘Unique Identification Authority of India' statutory Authority established under the provisions of the AADHAAR Act - 68/2023 - Income Tax

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 68/2023 New Delhi, the 23rd August, 2023 S.O. 3782(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, Unique Identification Authority of India (PAN AAAGU0182Q), a statutory Authority established under the provisions of the AADHAAR Act, 2016 by the Govt. of India, in respect of the following specified income arising to the said Authority, as follows: (a) Grants/Subsidies received from Central Government; (b) Fees/ Subscriptions including RTI Fee, Tender Fee, Sale of Scrap, PVC card, etc; (c) Authentication, Enrolment and Updation service charges received; (d) Term/Fixed Deposits; and (e) Interest earned on (a) to (d) above. 2. This notification shall be effective subject to the conditions that Unique Identification Authority of India - (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 be deemed to have been applied for assessment years 2019-2020 to 2023-2024 relevant for the financial years 2018-2019 to 2022-2023 respectively. [F. No. 300196/37/2018-ITA-I] VIKAS SINGH, Director (ITA-I) Explanatory Memorandum It is certified that no person is being adversely affected by giving retrospective effect to this notification.