Notification No. 68/2015 : Section 10(46) of the Income-tax Act, 1961 - Exemptions - Statutory body/authority/board/commission - Notified body or authority - Kerala Shops And Commercial Establishments Workers' Welfare Fund Board

[To be published in the Gazette of India, Extraordinary, Part-I, Section 4, Sub-section (ii}] Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) No..Go../2015 ; NOTIFICATION Nae New Delhi, the |2 August, 2015 5.0.......++(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 far the purposes of the said clause, “Kerala Shops and Commercial Establishments Workers’ Welfare Fund Board”, a Board established under the Kerala Shops and Commercial! Establishments Workers’ Welfare Fund Act, 200 (Act 24 of 2006) in respect of the following specified income arising to the Board, namely:- (a} amount received in the Fund as established undeé section 3 of kerala Shops and Commercial Establishments Workers’ Welfare Fund Act, 2046: (b) amount of interest income earned on bank deposits: 2, This notification shall be deemed to have been applied for the financial years 20] 3- 2014, 2014-2015 and shall be applicable for the financial years 2015-2016, 2016-2017 and 2017-2018. 3, This notification shall be effective subject to the condition, namely: - (a) that the Kerala Shops and Commercial Establishments Workers’ Welfare Fund Board does not engage in any commercial activit¥5 (b) that the activities and the nature ofthe specified income of the Kerala Shops and Commercial Establishments: Workers’ Welfare Fund Board remain unchanged throughout the financial years: and (c) that the Kerala Shops and Commercial Establishments Workers’ Welfare Fund Board files return of income in accordance with the provision of clause (pg) of sub-section (4C) ofsection 139 ofthe Income-tax Act, 1961. [F.No.196/18/2014-TTA-T] DEEPSHUXHA SHARMA Director to the Goternment af India To The Manager, Government of India Press, Mayapuri Press, * New Delhi.