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The Central Government notifies specified income of the Chhattisgarh Building and Other Construction Workers’ Welfare Board under clause (46) of section 10 of the Income-tax Act, 1961. The specified income includes worker's welfare cess, registration fees, and interest earned on them. The Board must not engage in any commercial activity. The activities and nature of specified income must remain unchanged throughout the financial years. The Board must file a return of income under section 139. This notification applies to the assessment years 2019-2020 through 2023-2024.
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2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 4th July, 2019
S.O. 2378(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, ‘Chhattisgarh Building and Other Construction Workers’ Welfare Board’ (PAN AAALC0598F), a Board constituted by the Government of Chhattisgarh, in respect of the following specified income arising to that Board, namely:-
[Notification No. 52/2019, F.No. 300196/42/2018-ITA-I] RAJARAJESWARI R., Under Secy.
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.
MANOJ KUMAR VERMA Digitally signed by MANOJ KUMAR VERMA Date: 2019.07.06 14:46:51 +05'30'