This notification, S.O. 2278(E), issued by the Ministry of Finance's Central Board of Direct Taxes on July 20, 2017, grants an exemption under clause 46 of section 10 of the Income-tax Act, 1961 to the National Council of Science Museums (NCSM), Kolkata. The exemption applies to the following specified income: grants-in-aid and subsidies from the Government of India; fees or subscriptions from ticket sales; charges for maintenance recovered for the use of auditoriums and other public facilities for scientific and educational purposes; and income derived from interest on investments. The notification is subject to the conditions that NCSM, Kolkata does not engage in any commercial activity, the nature of the specified income and activities remain unchanged, and that the council files income tax returns as per clause (g) of sub-section (4C) of section 139 of the Income-tax Act, 1961. This notification is applicable for the financial years 2017-2018, 2018-2019, 2019-2020 and 2020-2021. The notification number is 67/2017 [F. No. 300196/7/2017-ITAI].
Key Entities Referenced
Ministry of Finance: A department of the Government of India.
Department of Revenue: A department under the Ministry of Finance.
Central Board of Direct Taxes: An entity under the Department of Revenue, Ministry of Finance.
Income-tax Act, 1961: A law enacted by the Parliament of India concerning income tax.
National Council of Science Museums, Kolkata: An autonomous body established under the Ministry of Culture.
Ministry of Culture: A ministry of the Government of India.
New Delhi: The location where the notification was issued; also the capital of India.
Mayapuri, New Delhi: Location of the Government of India Press.
REGD. NO. D. L.-33004/99
EXTRAORDINARY
II— — (ii)
PART II—Section 3—Sub-section (ii)
PUBLISHED BY AUTHORITY
2020]
No. 2020] NEW DELHI, THURSDAY, JULY 20, 2017/ASADHA 29, 1939
वित्त मत्रं ालय
(राजस्ि विभाग)
(केंद्रीय प्रत्यक्ष कर बोर्ड)
अविसचू ना
नई दिल्ली, 20 जलु ाई, 2017
का.आ. 2278(अ).—आयकर अविवनयम, 1961 (1961 का 43) की िारा 10 के खंर् (46) द्वारा प्रित्त शवियों का
प्रयोग करते हुए केंद्र सरकार एतिद्वारा उि खंर् के उद्देश्य की पूर्तड हते ू संस्कृवत मंत्रालय, भारत सरकार के तहत स्िायत्त
वनकाय, ‘राष्ट्रीय विज्ञान संग्रहालय पररषि’् कोलकाता को होन े िाली वनम्नवलवखत विवनर्िष्टड आय के संबंि में अविसूवचत
करती ह,ै अर्ाडतः—
(क) भारत सरकार से सहायता अनुिान और सवससर्ी के रूप म ेंप्राप्त रावश;
(ख) रिकिों की वबक्री द्वारा फीस या अंशिान
(ग) िैज्ञावनक और शैवक्षक उद्देश्यों हते ु ओर्ेिेररयम और अन्य लोक सुवििाओं के प्रयोग हते ु प्राप्त अनरु क्षण प्रभार
(घ) वनिेश स ेप्राप्त सयाज द्वारा उद्भूत होने िाली आय
2. यह अविसूचना वनम् नवलवखत शतों के सार् लागू होगी दक राष्ट्रीय संग्रहालय विज्ञान पररषि,् कोलकाता :-
(क) दकसी भी व्यािसावयक गवतविवि में शावमल नहीं होगा;
(ख) कायडकलाप और आय विशेष की प्रकृवत वित्तीय िषों के िौरान अपररिर्तडत रहगे ी; और
(ग) आयकर अविवनयम, 1961 की िारा 139 की उपिारा – 4(ग) के खंर् (छ) के प्राििान के अनसु ार आय की
वििरणी िायर करे।
3. यह अविसूचना वित्त िष ड2017-2018, 2018-2019, 2019-2020 और 2020-2021 के संबंि म ेंलागू होगी।
[अविसूचना सं. 67/2017/फा. सं.300196/07/2017-आईिीए-I]
िीपवशखा शमाड, वनिेशक
4419 GI/2017 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 20th July, 2017
S.O. 2278(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, ‘National Council of Science
Museums’, Kolkata, an autonomous body established under the Ministry of Culture, Government of India, in respect of
the following specified income arising to the Council, namely:—
a) Amount received in the form of grants-in-aid and subsidies from Government of India;
b) Fees or subscription by sale of tickets;
c) Charges for maintenance recovered for use of auditorium and other public facilities for scientific and
educational purposes; and
d) Income arising or derived by way of interest received from investment.
2. This notification shall be effective subject to the conditions that National Council of Science Museums,
Kolkata,—
(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 financial years 2017-2018, 2018-2019, 2019-2020 and 2020-
2021.
[Notification No. 67 /2017/F. No. 300196/7/2017-ITA-I]
DEEPSHIKHA SHARMA, 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.