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REGD. No. D. L.-33004/99
The Gazette of India
CG-DL-E-15072024-255440
EXTRAORDINARY
PART II-Section 3-Sub-section (ii)
PUBLISHED BY AUTHORITY
No. 2630]
NEW DELHI, MONDAY, JULY 15, 2024/ASHADHA 24, 1946
4252 GI/2024
MINISTRY OF FINANCE
(Department of Revenue)
(Central Board of Direct Taxes)
NOTIFICATION
New Delhi, the 15th July, 2024
S.O. 2766(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, ‘Uttaranchal Board
of Technical Education, Roorkee' (PAN: AAALU0281D), a Board constituted by State Government of
Uttaranchal, in respect of the following specified income arising to the said Society, as follows:
a) Grants/subsidies received from Government/government bodies;
b) Fees, Fines and Penalties collected as per the provisions of Uttaranchal Board of Technical
Education Act, 2003;
c) Receipts from sale of printed application forms and educational material
d) Receipts from disposal of assets, sale of scrap material or waste papers
e) Rent received in form of let out of properties
f) Royalty of license fees for providing technical knowledge and infrastructure
g) Interest on bank deposits.
2. This notification shall be effective subject to the conditions that 'Uttaranchal Board of Technical
Education, Roorkee'
(a) shall not engage in any commercial activity;
(b) its activities and the nature of the specified income shall remain unchanged throughout the
financial year(s); 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 be applicable for Assessment Year 2023-24 relevant for the
Financial Year 2022-23.
[Notification No. 53/2024 F. No. 300196/15/2022-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.
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