Exemption under section 10(46) granted to Kerala State AIDS Prevention Society

Notification No. 95/2013 [F.NO.196/71/2012-ITA.I] Dated 19-12-2013

In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of1961), the Central Government hereby notifies for the purposes of the said clause, the Kerala State AIDS Prevention Society a body constituted by the Government of Kerala in respect of the following specified income arising to that Society, namely:—

"amount received in the form of grants-in-aid from the Centre Government"

2. This notification shall be deemed to have been applied for the financial years 2011-2012 and 2012-2013 and shall be applicable for the financial years 2013-2014, 2014-2015 and 2015-2016 respectively.

3. The notification shall be effective subject to the following conditions, namely:—

(a) the Kerala State AIDS Control Society does not engage in any commercial activity;

(b) the activities and the nature of the specified income of the Kerala State AIDS Control Society remain unchanged throughout the financial year; and

(c) the Kerala Slate AIDS Control Society files return of income m accordance with the provision of clause (g) of sub-section (4C) section 139 of the Income-tax Act, 1961.

4. The grants received by the said Society shall be received and applied in accordance with the prevailing rules and regulations.