S.O. 2827(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, ‘Himachal Pradesh Computerization of Police Society’, (PAN AABAH0360G), a body established by the State Government of Himachal Pradesh, in respect of the following specified income arising to that body, namely:-
- Amount received in the form of Grant-in-aid; and
- Interest accrued on Grant-in Aid deposited in the account of Himachal Pradesh
Computerization of Police Society.
2. This notification shall be effective subject to the conditions that Himachal Pradesh Computerization of Police Society,-
- shall not engage in any commercial activity;
- activities and the nature of the specified income shall remain unchanged throughout the financial years;
- 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; and
- shall file the Audit report along with the Return, duly verified by the accountant as provided in explanation to section 288(2) of the Income-tax Act, 1961 along with a certificate from the chartered accountant that the above conditions are satisfied.
3. This notification shall be deemed to have been applied for the financial years 2018-2019, 2019-2020 and 2020-2021 and shall apply with respect to the financial years 2021-2022 and 2022-2023.
Explanatory Memorandum
It is certified that no person is being adversely affected by giving retrospective effect to this notification.
For full detail click the link below :
https://www.dropbox.com/s/ggvszbdju6yherh/notification_81_2021.pdf?dl=0