This notification, S.O. 4525(E), issued by the Central Board of Direct Taxes, Department of Revenue, Ministry of Finance on October 29, 2021, notifies the Gujarat State AIDS Control Society (PAN: AAATG3628A) for the purposes of clause (46) of section 10 of the Income-tax Act, 1961. The specified income, exempt from income tax, includes: (a) grants received from NACO and (b) interest income accrued on the aforementioned grants. The notification is subject to the conditions that the Gujarat State AIDS Control Society (a) shall not engage in any commercial activity; (b) the 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 subsection (4C) of section 139 of the Income-tax Act, 1961. This notification is deemed to have been applied for the period from June 1, 2020, to March 31, 2021, for the financial year 2020-2021 and shall apply for the financial years 2021-2022, 2022-2023, 2023-2024, and 2024-2025. The notification number is 127/2021/F. No. 300196/1/02021-ITA-I.
Key Entities Referenced
Income-tax Act, 1961: A law pertaining to income tax in India, cited as the legal basis for the notification.
Central Board of Direct Taxes: The issuing authority for the notification, under the Department of Revenue, Ministry of Finance.
Ministry of Finance: The government ministry under which the Central Board of Direct Taxes operates.
Gujarat State AIDS Control Society: A Society constituted by the State Government of Gujarat. PAN is AAATG3628A. The recipient of the grant and subject of the notification regarding income tax exemption.
Government of Gujarat: The state government that constituted the Gujarat State AIDS Control Society.
NACO: An organization that provides grants to the Gujarat State AIDS Control Society.
New Delhi: The city where the notification was issued.
Section 139 of the Incometax Act, 1961: Section of Income-tax Act, 1961 related to return of income.
रजजस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
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सी.जी.-डी.एxलxx.-GअID.E-2xx9x1 02021-230814
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असाधारण
EXTRAORDINARY
भाग II—खण्ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 4164] नई ददल्ली, िक्रु िार, अक्त बू र 29, 2021/कार्ततक 7, 1943
No. 4164] NEW DELHI, FRIDAY, OCTOBER 29, 2021/KARTIKA 7, 1943
जित्त मत्रं ालय
(राजस्ट्ि जिभाग)
(केंद्रीय प्रत्यक्ष कर बोड)ड
अजधसचू ना
नई ददल्ली, 29 अक्त ूबर, 2021
का.आ. 4525(अ).—केंद्रीय सरकार, आयकर अजधजनयम, 1961 (1961 का 43) की धारा 10 के खंड (46) द्वारा
प्रदत्त िजियों का प्रयोग करते हुए, एतदद्वारा ’गुजरात राज्य एड्स जनयंत्रण सोसायटी’ (पैन AAATG3628A), जो
गुजरात राज्य सरकार द्वारा गठित एक सोसायटी ह,ै को जनम्नजलजखत जिजनर्ददष्ट उत्पन्न आय के संबंध म ें उि खण्ड के
प्रयोजनाथड अजधसूजचत करती ह,ै नामत:
(क) एनएसीओ (नाको) स ेप्राप्त अनदु ान; और
(ख) उपयुडि (क) पर ब्याज आय।
2. यह अजधसूचना इन ितों के अधीन प्रभािी होगी दक ’गुजरात राज्य एड्स जनयंत्रण सोसायटी’ -
(क) कोई भी िाजणजज्यक कायडकलाप नहीं करेगी;
(ख) कायडकलाप और जिजनर्ददष्ट आय की प्रकृजत, जित्तीय िर्षों के दौरान अपठरिर्ततत रहगें ;े और
(ग) आयकर अजधजनयम, 1961 की धारा 139 की उपधारा – (4ग) के खंड (छ) के प्रािधान के अनसु ार आयकर
जििरणी दाजखल करेगी।
6280 GI/2021 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
3. यह अजधसूचना जित्त िर्ष ड 2020-21 म,ें 01-06-2020 स े 31-03-2021 की अिजध के जलए लाग ू की गई मानी
जाएगी एि ं जित्तीय िर्षों 2021-2022, 2022-2023, 2023-2024 और 2024-2025 म ेंलागू होगी।
[अजधसूचना स.ं 127/2021/फा. स.ं 300196/10/2021-आईटीए-I]
सौरभ जैन, अिर सजचि
व्याख्यात्मक ज्ञापन
यह प्रमाजणत दकया जाता ह ै दक इस अजधसूचना को पूिडव्यापी प्रभाि देने स े दकसी भी व्यजि पर प्रजतकूल प्रभाि नहीं पड़
रहा ह।ै
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 29th October, 2021
S.O. 4525(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,
‘Gujarat State Aids Control Society’ (PAN AAATG3628A), a Society constituted by the State Government
of Gujarat, in respect of the following specified income arising to that Society, namely:-
(a) Grant received from NACO; and
(b) Interest income on (a) above.
2. This notification shall be effective subject to the conditions that Gujarat State AIDS Control
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; 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 the period from 01-06-2020 to 31-03-
2021 in the financial year 2020-2021 and shall apply for the financial years 2021-2022, 2022-2023, 2023-
2024 and 2024-2025.
[Notification No. 127/2021/F. No. 300196/10/2021-ITA-I]
SOURABH JAIN, Under Secy.
Explanatory Memorandum
It is certified that no person is being adversely affected by giving retrospective effect to this notification.
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and Published by the Controller of Publications, Delhi-110054.