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Date: 01-Sep-2023 Category: Extra Ordinary State: Union Government Country: India

Notification under section 10 sub section 46 of Income tax Act 1961 in case of E Governance Society, Department of Food, Civil Supplies and Consumer Affairs, Himachal Pradesh

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

What it means

  • The notification grants an exemption under Section 10(46) of the Income-tax Act, 1961 to the 'E-Governance Society, Department of Food, Civil Supplies and Consumer Affairs, Himachal Pradesh'. This exemption applies to specified income arising to the society.

Key Changes

  • The following income categories of the E-Governance Society are now exempt from income tax:
  • Grants received from the Central Government
  • Grants received from the State Government
  • Interest received on investments and grants
  • Tender/application fees
  • Sale of scrap/waste paper
  • Recovery for POS machines issued
  • The exemption is conditional upon the E-Governance Society not engaging in any commercial activity, maintaining the nature of its activities and specified income, and filing income tax returns as per Section 139(4C)(g) of the Income-tax Act, 1961.
  • This notification is effective for the assessment year 2023-2024, relevant to the financial year 2022-2023.

Impact Analysis

E-Governance Society, Department of Food, Civil Supplies and Consumer Affairs, Himachal Pradesh

  • Action Item: Ensure compliance with the conditions specified in the notification, including refraining from commercial activities, maintaining the nature of income, and filing income tax returns as required under Section 139(4C)(g) of the Income-tax Act, 1961.

Central Government

  • Indirect Impact: May need to monitor compliance of the E-Governance Society with the conditions of the exemption.

Himachal Pradesh State Government

  • Indirect Impact: The State Government may benefit from the increased efficiency of the E-Governance Society due to the tax exemption.

Tax Authorities

  • Action Item: Update internal guidelines and systems to reflect the exemption granted to the E-Governance Society.

Key Entities Referenced

E-Governance Society, Department of Food, Civil Supplies and Consumer Affairs, Himachal Pradesh: A body constituted/established by the State Government of Himachal Pradesh. Income-tax Act, 1961: The principal legislation governing income tax in India. Section 10(46) provides for the exemption of specified income of certain bodies. Central Board of Direct Taxes (CBDT): A part of the Department of Revenue in the Ministry of Finance. The CBDT is responsible for the administration of direct tax laws through the Income Tax Department.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-01092023-248475 CG-DxLx-xEG-I0D1H0x9x2x0 23-248475 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 3703] नई दिल्ली, िुरिार, जसतम्ब र 1, 2023/भाद्र 10, 1945 No. 3703] NEW DELHI, FRIDAY, SEPTEMBER 1, 2023/BHADRA 10, 1945 जित्त मत्रं ालय (रािस्ट्ि जिभाग) (केंद्रीय प्रत्यक्ष कर बोडड) अजधसचू ना नई दिल्ली, 1 जसतम्ब र, 2023 का.आ. 3864(अ).—केंद्र सरकार, आयकर अजधजनयम, 1961 (1961 का 43) की धारा 10 के खंड (46) द्वारा प्रित्त िजियों का प्रयोग करत े हुए, 'ई-गिनेंस सोसाईटी, खाद्य, नागररक आपूर्त ड और उपभोिा मामल े जिभाग’ जिमाचल प्रिेि, जिमाचल प्रििे राज्य सरकार द्वारा गरित एक जनकाय, को िोने िाली जनम्नजलजखत जिजनर्िष्टड आय के संबंध म,ें उि खंड के प्रयोिनार्ड अजधसूजचत करती ि,ै अर्ाडत:्— (क) केन्द्द्र सरकार स े प्राप्त अनुिान; (ख) राज्य सरकार स ेप्राप्त अनुिान; (ग) जनिेि एि ं अनुिानों पर प्राप्त ब्याि; (घ) जनजििा/आिेिन िुल्क; (ङ) स्ट्रैप/रद्दी कागि की जबरी; और (च) िी गई पीओएस मिीन के जलए िसूली; 5603 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] 2. यि अजधसूचना जनम्नजलजखत के अध्यधीन प्रभािी िोगी दक ई-गिनेंस सोसाइटी, खाद्य, नागररक आपूर्तड और उपभोिा मामल जिभाग’ जिमाचल प्रिेि— (क) दकसी व्यािसाजयक गजतजिजध म ें िाजमल निीं िोगा; (ख) जित्तीय िर्षों के िौरान गजतजिजधयों और जिजनर्िष्टड आय की प्रकृजत अपररिर्तडत रिगे ी; तर्ा (ग) आयकर अजधजनयम, 1961 की धारा 139 की उप-धारा (4ग) के खडं (छ) के प्रािधान के अनुसार आय की जििरणी फाईल करेगा। 3. यि अजधसूचना जनधाडरण िर्षड 2023-2024 के जलए लागू मानी िाएगी िो जित्तीय िर्षड 2022-2023 के जलए संगत ि।ै [अजधसूचना स.ं 75/2023 फा.स.ं 300196/66/2018-आईटीए- I] जिकास ससंि, जनिेिक (आईटीए-I) स्ट्पष्टीकरण ज्ञापन यि प्रमाजणत दकया िाता ि ैदक इस अजधसूचना को पूिडव्यापी प्रभाि िने े से दकसी व्यजि पर प्रजतकूल प्रभाि निीं पड़ रिा ि।ै MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 1st September, 2023 S.O. 3864(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, ‘E-Governance Society, Department of Food, Civil Supplies and Consumer Affairs, Himachal Pradesh, a body constituted / established by the state Government of Himachal Pradesh in respect of the following specified income arising to that body, namely: a) Grant received from central government; b) Grants received from state government; c) Interest received on investment and grants; d) Tender/ application fees; e) Sale of scrap/waster paper; and f) Recovery for POS machine issued. 2. This notification shall be effective subject to the conditions that E-Governance Society, Department of Food, Civil Supplies and Consumer Affairs, Himachal Pradesh,- (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 assessment year 2023-2024 relevant for the financial year 2022-2023. [Notification No. 75 /2023 F.No. 300196/66/2018-ITA-I] VIKAS SINGH, Director, (ITA-I) Explanatory Memorandum It is certified that no person is being adversely affected by giving retrospective effect to this notification. 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.

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