This notification, S.O. 3629(E), issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, New Delhi on October 9, 2019, grants an exemption under clause 46 of section 10 of the Income-tax Act, 1961 to the Kerala Bamboo, Kattuvalli and Pandanus Leaf Workers Welfare Fund Board (PAN: AAAJK1244Q). The exemption applies to the following specified income of the Board: Government grants for Scheme and Non-Scheme Pension, contributions from employees and employers, registration fees, passbook charges collected, cost of duplicate identity cards issued, fines collected, and interest earned on the aforementioned income sources. The notification is subject to the conditions that the Board does not engage in any commercial activity, that the activities and nature of the specified income remain unchanged, and that the Board files a return of income in accordance with clause (g) of subsection (4C) of section 139 of the Income-tax Act, 1961. This notification is applicable for the assessment years 2020-2021, 2021-2022, 2022-2023, 2023-2024, and 2024-2025. The notification number is 78/2019, and the F. No. is 300196/46/2019-ITAI.
Key Entities Referenced
Ministry of Finance: The Indian government ministry responsible for financial matters.
Department of Revenue: A department under the Ministry of Finance responsible for tax collection and administration.
Central Board of Direct Taxes: A statutory authority functioning under the Department of Revenue in the Ministry of Finance.
New Delhi: The capital of India, where the notification was issued.
Income-tax Act, 1961: The primary law governing income tax in India.
Kerala Bamboo, Kattuvalli and Pandanus Leaf Workers Welfare Fund Board: A welfare fund board constituted by the Government of Kerala.
Government of Kerala: The state government of Kerala.
Mayapuri, New Delhi: Location of the Government of India Press.
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PART II—Section 3—Sub-section (ii)
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No. 3308] NEW DELHI, WEDNESDAY, OCTOBER 9, 2019/ ASVINA 17, 1941
ििििवववव(cid:3)(cid:3)(cid:3)(cid:3) मममम(cid:6)(cid:6)ंं(cid:6)(cid:6)ंं ााााललललयययय
((((ररररााााजजजज(cid:4)(cid:4)(cid:4)(cid:4)वववव ििििववववभभभभाााागगगग))))
((((कककक(cid:7)(cid:7)(cid:7)(cid:7)(cid:8)(cid:8)(cid:8)(cid:8)ीीीीयययय (cid:11)(cid:11)(cid:11)(cid:11)(cid:12)(cid:12)(cid:12)(cid:12)यययय(cid:13)(cid:13)(cid:13)(cid:13) ककककरररर बबबबोोोोडडडड))(cid:17)(cid:17)))(cid:17)(cid:17)
अअअअििििधधधधससससचचूूचचूू ननननाााा
नई (cid:1)द(cid:3)ली, 9 अ(cid:6) तूबर, 2019
ककककाााा....आआआआ.... 3333666622229999((((अअअअ))))....————आयकर अिधिनयम,1961 (1961 का 43) क(cid:12) धारा 10 के खंड (46) (cid:16)ारा (cid:17)द(cid:18) शि(cid:21)य(cid:23) का
(cid:17)योग करत े (cid:27)ए क(cid:29)(cid:30) सरकार एतद(cid:16)् ारा उ(cid:21) खंड के उ$े%य क(cid:12) प’ू त( हते ु ‘केरल ब,ब,ू क-टुव(cid:3)ली एव ं केवड़ा (पे2डने स) प(cid:18)ा
कामगार क(cid:3)याण िनिध बोड’( (केरल ब,बू, क-टुव(cid:3)ली एंड पे2डने स लीफ वक(र वे(cid:3)फेयर फंड बोड)( , (पैन : AAAJK1244Q)
जो (cid:1)क केरल सरकार (cid:16)ारा ग7ठत बोड( ह,ै को होन े वाली िन:िलिखत िविन;द<( आय के संबधं म (cid:29) एतद(cid:16)् ारा अिधसिूचत करती
ह ैिजसका ?यौरा िन:िलिखत ह:ै—
(क) योजना और गैर योजना प(cid:29)शन के िलए (cid:17)ाB सरकारी अनुदान;
(ख) कम(चा7रय(cid:23) और िनयो(cid:21)ाE स े(cid:17)ाB अंशदान;
(ग) पंजीकरण शु(cid:3)क;
(घ) संFिहत पासबुक (cid:17)भार;
(ङ) जारी (cid:1)कए गए अनुिलिप (डयूिHलकेट) पहचान पI क(cid:12) लागत;
(च) एकिIत जुमा(ना; और
(छ) उपरो(cid:21) (क) स े(च) पर अ’ज(त ?याज ।
5263 GI/2019 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
2. यह अिधसूचना इन शतJ के अKयधीन (cid:17)भावी होगी (cid:1)क ‘केरल ब,बू, क-टुव(cid:3)ली एंड पे2डने स लीफ वक(र वे(cid:3)फेयर फंड
बोड’(—
(क) (cid:1)कसी भी वािणिLयक गितिविध म(cid:29) शािमल नहM होगा;
(ख) िविन;द<( आय क(cid:12) (cid:17)कृित तथा गितिविधयां पूरे िव(cid:18) वष( के दौरान अप7रव’त(त रहेगी; तथा
(ग) आयकर अिधिनयम,1961 क(cid:12) धारा 139 क(cid:12) उप–धारा 4(ग) के खंड (छ) के (cid:17)ावधान के अनुसार आय क(cid:12)
िववरणी दायर करेगा ।
3. यह अिधसूचना कर िनधा(रण वष( 2020-2021, 2021-2022, 2022-2023, 2023-2024 और 2024-2025 के
िलए लाग ूहोगी ।
[अिधसूचना सं. 78/2019/फा. सं. 300196/46/2019-आईटीए-I]
(cid:17)Qा पारिमता, िनदशे क
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 9th October, 2019
S.O. 3629(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, ‘Kerala Bamboo, Kattuvalli and
Pandanus Leaf Workers’ Welfare Fund Board’ (PAN AAAJK1244Q), a Boardconstituted by the Government of Kerala,
in respect of the following specified income arising to that Board, namely:—
(a) Government grant received for Scheme and Non Scheme Pension;
(b) Contributions received from Employees and Employers;
(c) Registration Fees;
(d) Passbook charges collected;
(e) Cost of duplicate identity card issued;
(f) Fine collected; and
(g) Interest earned on (a) to (f) above.
2. This notification shall be effective subject to the conditions that Kerala Bamboo, Kattuvalli and Pandanus Leaf
Workers’ Welfare Fund Board,-
(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 apply with respect to the assessment years 2020-2021, 2021-2022, 2022-2023, 2023-2024
and 2024-2025.
[Notification No. 78 /2019/F. No. 300196/46/2019-ITA-I]
PRAJNA PARAMITA, Director
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.