Government notifies a body under clause (46) of section 10
Government notifies ‘Himachal Pradesh Computerization of Police Society’, a body under clause (46) of section 10
S.O. 2827(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, ‘Himachal Pradesh Computerization of Police Society’, (PAN AABAH0360G), a body established by the State Government of Himachal Pradesh, in respect of the following specified income arising to that body, namely:-
(a) Amount received in the form of Grant-in-aid; and
(b) Interest accrued on Grant-in Aid deposited in the account of Himachal Pradesh Computerization of Police Society.
- This notification shall be effective subject to the conditions that Himachal Pradesh Computerization of Police Society,-
(a) shall not engage in any commercial activity;
(b) activities and the nature of the specified income shall remain unchanged throughout the financial years;
(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; and
(d) shall file the Audit report along with the Return, duly verified by the accountant as provided in explanation to section 288(2) of the Income-tax Act, 1961 along with a certificate from the chartered accountant that the above conditions are satisfied. - This notification shall be deemed to have been applied for the financial years 2018-2019, 2019-2020 and 2020-2021 and shall apply with respect to the financial years 2021-2022 and 2022-2023.
Explanatory Memorandum
It is certified that no person is being adversely affected by giving retrospective effect to this notification.
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