The Central Board of Direct Taxes (CBDT) on May 10, 2023, issued a notification for the purposes of the 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 certain specified income arising to that Authority and conditions to be met.
The following are the specified income arising to that Authority namely: -
• Grants-in-aid received from the Ministry of Health and Family Welfare
• Statutory fees such as licence fees, registration fees, analysis or testing of food samples fees fixed through regulations made under the Food Safety Act, 2006 (No.34 of 2006) and approved by the Government of India
• Penalty as per the provisions of the Food Safety Act, 2006 (No.34 of 2006); and
• Income earned on (a) to (c) above.
This notification shall be effective subject to the conditions that the Food Safety and Standards Authority of India namely: -
• Shall not engage in any commercial activity
• Activities and the nature of the specified income shall remain unchanged throughout the financial years
• Shall file the 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 applicable for the financial years 2023-2024 and 2024-2025.
[Notification No. 2155(E)]
