Unique Identification Authority of India notified under section 10
Unique Identification Authority of India notified under section 10(46) of the Income-tax Act, 1961.
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.
- 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. - 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.
Explanatory Memorandum
It is certified that no person is being adversely affected by giving retrospective effect to this notification.
Read More on Income-tax, CBDT
