Laws and sections by number or title, due dates, pages, and updates.
The Central Government notifies National Mission for Clean Ganga under clause (46) of section 10 of the Income-tax Act, 1961 for specified income. The specified income includes grants-in-aid received from the Government of India and interest earned on bank deposits. The authority does not engage in any commercial activity. The activities and the nature of the specified income remain unchanged throughout the financial years. The authority files 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 applies for assessment years 2021-2022, 2022-2023 and 2023-2024.
What you must do
Key dates
Law this touches
Who is affected
Ask about this notification
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 26th March, 2024
S.O. 1545(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, ‘National Mission for Clean Ganga’, New Delhi (PAN AABAN3769K), an Authority constituted under the River Ganga (Rejuvenation, Protection and Management) Authority Order, 2016, in respect of the following specified income arising to that Authority, namely:
[Notification No. 36/2024 F. No. 300196/21/2017-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.
