CBDTNotificationNotification No. 26 /202310 May 2023

Exemption for Food Safety and Standards Authority of India

Deadline: 31 Mar 2021 · 2044 days ago · End date for financial year 2020-2021 application
Who: Food Safety and Standards Authority of India, New Delhi
Action: 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.

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What changed

The Central Government notifies the Food Safety and Standards Authority of India for specified income under clause (46) of section 10 of the Income-tax Act, 1961. The specified income includes grants-in-aid, statutory fees, penalties, and income earned on them. The authority must not engage in any commercial activity, must keep its activities and income unchanged, and must file a return of income. This notification applies for the financial year 2020-2021 from 01-06-2020, for financial years 2021-2022 to 2022-2023, and for financial years 2023-2024 to 2024-2025.

What you must do

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.

Key dates

Start date for financial year 2020-2021 application: 01 Jun 2020
End date for financial year 2020-2021 application: 31 Mar 2021

Law this touches

Who is affected

Food Safety and Standards Authority of India, New Delhi

Ask about this notification

Written automatically from the official document. It is not a professional review, so check material decisions against the official record.

Document text

Prepared for reading; wording retained from the source.

Official source

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 10th May, 2023

S.O. 2155(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, ‘Food Safety and Standards Authority of India’, New Delhi (PAN AAAGF0023K), an Authority established by the Ministry of Health and Family Welfare, Government of India, in respect of the following specified income arising to that Authority, namely:

(a) grants-in-aid received from the Ministry of Health and Family Welfare;
(b) statutory fees such as licence fee, registration fee, analysis or testing of food samples fee fixed through regulations made under the Food Safety Act, 2006 (No.34 of 2006) and approved by the Government of India;
(c) penalty as per the provisions of the Food Safety Act, 2006 (No.34 of 2006); and
(d) income earned on (a) to (c) above.

This notification shall be effective subject to the conditions that Food Safety and Standards Authority of India, New Delhi,-

(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.

This notification shall be deemed to have been applied for the financial year 2020-2021 (for period from 01- 06-2020 to 31-03-2021) and for the financial years 2021-2022 to financial year 2022-2023 and shall be applicable for the financial years 2023-2024 and 2024-2025. [Notification No. 26 /2023 F. No.300196/5/2019-ITA-I (Pt.-1)]

SOURABH JAIN, Under Secy.

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.

Source details

Official title: notification no. 26 /2023 f. no.300196/5/2019 ita i pt. 1 / so 2155 e
Source: Central Board of Direct Taxes / Income Tax Department
Type: notification
Published by source: 10 May 2023
Document number: Notification No. 26 /2023
Issuing division: CENTRAL BOARD OF DIRECT TAXES
Coverage area: direct-tax

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